Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs |
|---|---|
| Avg HH Size | 2.33 |
| Below Poverty | 20.1% ▲ 101% above avg |
| College Grads | 22.6% ▼ 42% below avg |
| Unemployment | 5.7% ▲ 16% above avg |
| No HS Diploma | 18 (1.5%) |
| HS Graduate | 513 (41.5%) |
| Some College | 189 (15.3%) |
| Associates | 238 (19.2%) |
| Bachelors | 114 (9.2%) |
| Graduate Degree | 165 (13.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,367 ▼ 25% below avg |
|---|---|
| Median Home Value | $162,700 ▼ 42% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $918/mo |
| Total Housing Units | 1,197 |
| Vacant Units | 378 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Vanderbilt is a city in Michigan, located in Otsego County. The city spans 1 ZIP code and is home to approximately 1,918 residents. It is a middle-aged city, with a median age of 44.1 years.
Economically, Vanderbilt is a solidly middle-class community. The median household income of $57,367 is below the national average. Approximately 20.1% of residents live below the poverty line. The unemployment rate is 5.7%, above the national average.
The real estate market in Vanderbilt is an affordable housing market. Median home values stand at $162,700, which is below the national average. Renters typically pay around $918 per month. Homeownership is high at 78.3%, typical of suburban and family-oriented communities.
The population of Vanderbilt is less-educated. 22.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.63%).
Vanderbilt, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49795 | 1,918 | $57,367 | $162,700 | $918 | 5.7% | 22.6% | 78.3% |