Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.0 yrs |
|---|---|
| Avg HH Size | 2.68 |
| Below Poverty | 15.8% ▲ 58% above avg |
| College Grads | 24.6% ▼ 37% below avg |
| Unemployment | 11.2% ▲ 130% above avg |
| No HS Diploma | 11 (1.2%) |
| HS Graduate | 473 (50.3%) |
| Some College | 127 (13.5%) |
| Associates | 99 (10.5%) |
| Bachelors | 115 (12.2%) |
| Graduate Degree | 116 (12.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,903 ▼ 27% below avg |
|---|---|
| Median Home Value | $131,800 ▼ 53% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $889/mo |
| Total Housing Units | 639 |
| Vacant Units | 74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waldron is a city in Michigan, located in Hillsdale County. The city spans 1 ZIP code and is home to approximately 1,517 residents. It is a relatively young city, with a median age of 37 years.
Economically, Waldron is a solidly middle-class community. The median household income of $55,903 is below the national average. Approximately 15.8% of residents live below the poverty line. The unemployment rate is 11.2%, more than double the national average.
The real estate market in Waldron is one of the more affordable housing markets in the country. Median home values stand at $131,800, which is well below the national average. Renters typically pay around $889 per month. Homeownership is high at 72.7%, typical of suburban and family-oriented communities.
The population of Waldron is less-educated. 24.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.37%).
Waldron, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49288 | 1,517 | $55,903 | $131,800 | $889 | 11.2% | 24.6% | 72.7% |