Montcalm County, Michigan
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Montcalm County Compares
Detailed Income Statistics
Income Advisory: Montcalm County
Income Verdict
Montcalm County has a median household income of $64,892 and per capita income of $29,442 — a gap of $35,450, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $867/month and a median household income of $64,892, rent consumes approximately 16.0% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $64,892, residents of Montcalm County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $29,442 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Montcalm County earns approximately 0.9% above the Michigan state median household income of $64,304, positioning it favorably within the state.
Data Story
About Household Income in Montcalm County, Michigan
Montcalm trails the national average
Montcalm County's median household income of $64,892 falls approximately $9,900 short of the national median of $74,755. This 13% gap reflects slightly lower earning power than the typical American household.
Just above Michigan county average
Montcalm's median household income of $64,892 exceeds Michigan's county average of $64,304 by roughly $600. The county sits near the middle of Michigan's 83 counties in household income rankings.
Mid-range earner in west-central Michigan
Montcalm's $64,892 median sits between Missaukee ($61,868) to the north and Newaygo ($61,931) to the west. Only Monroe County to the southeast and Oakland County further away earn meaningfully more in the broader region.
Affordable housing supports stability
A rent-to-income ratio of 16.0% places Montcalm well within healthy housing affordability, with expenses consuming less than a quarter of typical household income. The median home value of $172,100 remains accessible for households earning the county median.
Housing stability frees money for savings
Because housing costs stay below 16% of income in Montcalm, households can prioritize retirement savings and emergency funds. Even modest monthly investments can compound significantly over time when housing doesn't consume your entire budget.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $64,892 per year
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Income Adequacy
Your monthly income ($5,408) vs. median rent ($867/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.