Bessemer, Michigan Housing

Bessemer, Michigan has a population of 1,800, with a median household income of $68,000.

Current housing data for Bessemer.

$265,000

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Population

1,800

💰

Median Income

$68,000

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Unemployment

5.20%

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Housing Price

$265,000

🚨

Crime Rate

4.80

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Internet Speed

189.00 Mbps

Bessemer is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Michigan, Bessemer provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Bessemer has a population of 1,800, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bessemer is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bessemer is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Bessemer is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bessemer are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Michigan, Bessemer shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Bessemer offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Bessemer

What is the population of Bessemer?

The population of Bessemer is approximately 1,800.

Is Bessemer a good place to live?

Bessemer offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bessemer?

The median household income in Bessemer is around $68,000.

How expensive is housing in Bessemer?

The average housing price in Bessemer is approximately $265,000.