Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs |
|---|---|
| Avg HH Size | 2.82 |
| Below Poverty | 11.7% ▲ 17% above avg |
| College Grads | 35.2% ▼ 9% below avg |
| Unemployment | 4.0% ▼ 19% below avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 1,239 (38.5%) |
| Some College | 435 (13.5%) |
| Associates | 406 (12.6%) |
| Bachelors | 346 (10.7%) |
| Graduate Degree | 788 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,915 ≈ Avg |
|---|---|
| Median Home Value | $219,400 ▼ 21% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $675/mo |
| Total Housing Units | 2,014 |
| Vacant Units | 116 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Saranac is a city in Michigan, located in Ionia County. The city spans 1 ZIP code and is home to approximately 5,358 residents. It is a relatively young city, with a median age of 37.1 years.
Economically, Saranac is a middle-income community. The median household income of $76,915 is near the national average. Approximately 11.7% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Saranac is an affordable housing market. Median home values stand at $219,400, which is below the national average. Renters typically pay around $675 per month. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.
The population of Saranac is moderately educated. 35.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (88.8%).
Saranac, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48881 | 5,358 | $76,915 | $219,400 | $675 | 4.0% | 35.2% | 79.8% |