Coloma, Michigan Housing

Coloma, Michigan has a population of 1,500, with a median household income of $68,200.

Current housing data for Coloma.

$266,000

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Population

1,500

💰

Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

184.00 Mbps

Coloma 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.

Coloma is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Coloma has a population of 1,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Coloma is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Coloma average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Coloma is 5.10%, which is lower than the state average, indicating a relatively strong job market. Coloma has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Coloma continues to play a role in shaping regional trends in Michigan, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Coloma

What is the population of Coloma?

The population of Coloma is approximately 1,500.

Is Coloma a good place to live?

Coloma 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 Coloma?

The median household income in Coloma is around $68,200.

How expensive is housing in Coloma?

The average housing price in Coloma is approximately $266,000.