Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.4 yrs |
|---|---|
| Avg HH Size | 2.18 |
| Below Poverty | 12.2% ▲ 22% above avg |
| College Grads | 29.8% ▼ 23% below avg |
| Unemployment | 0.3% ▼ 94% below avg |
| HS Graduate | 286 (44.8%) |
| Some College | 67 (10.5%) |
| Associates | 95 (14.9%) |
| Bachelors | 97 (15.2%) |
| Graduate Degree | 93 (14.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,114 ▼ 28% below avg |
|---|---|
| Median Home Value | $164,200 ▼ 41% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $438/mo |
| Total Housing Units | 1,216 |
| Vacant Units | 821 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wetmore is a city in Michigan, located in Alger County. The city spans 1 ZIP code and is home to approximately 863 residents. It is an older city, with a median age of 57.4 years.
Economically, Wetmore is a solidly middle-class community. The median household income of $55,114 is below the national average. Approximately 12.2% of residents live below the poverty line. The unemployment rate is 0.3%, well below the national average.
The real estate market in Wetmore is an affordable housing market. Median home values stand at $164,200, which is below the national average. Renters typically pay around $438 per month. Homeownership is high at 81.3%, typical of suburban and family-oriented communities.
The population of Wetmore is moderately educated. 29.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (75.43%).
Wetmore, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49895 | 863 | $55,114 | $164,200 | $438 | 0.3% | 29.8% | 81.3% |