Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.9 yrs |
|---|---|
| Avg HH Size | 2.57 |
| Below Poverty | 16.1% ▲ 61% above avg |
| College Grads | 27.0% ▼ 30% below avg |
| Unemployment | 10.6% ▲ 117% above avg |
| No HS Diploma | 34 (1.4%) |
| HS Graduate | 831 (35.3%) |
| Some College | 491 (20.8%) |
| Associates | 364 (15.4%) |
| Bachelors | 247 (10.5%) |
| Graduate Degree | 389 (16.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,594 ▼ 34% below avg |
|---|---|
| Median Home Value | $122,800 ▼ 56% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $587/mo |
| Total Housing Units | 3,139 |
| Vacant Units | 1,568 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mio is a city in Michigan, located in Oscoda County. The city spans 1 ZIP code and is home to approximately 4,044 residents. It is a middle-aged city, with a median age of 41.9 years.
Economically, Mio is a working-class community. The median household income of $50,594 is below the national average. Approximately 16.1% of residents live below the poverty line. The unemployment rate is 10.6%, more than double the national average.
The real estate market in Mio is one of the more affordable housing markets in the country. Median home values stand at $122,800, which is well below the national average. Renters typically pay around $587 per month. Homeownership is high at 85.2%, typical of suburban and family-oriented communities.
The population of Mio is moderately educated. 27.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.95%).
Mio, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48647 | 4,044 | $50,594 | $122,800 | $587 | 10.6% | 27.0% | 85.2% |