Commerce charter township, Michigan Median Income

Commerce charter township, Michigan has a population of 44,800, with a median household income of $68,200.

Current median income data for Commerce charter township.

$68,200

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Population

44,800

💰

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

267.00 Mbps

Commerce charter township is a smaller urban community located in Michigan. The city has a population that is above 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.

Commerce charter township, located in Michigan, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Commerce charter township has a population of 44,800, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Commerce charter township

What is the population of Commerce charter township?

The population of Commerce charter township is approximately 44,800.

Is Commerce charter township a good place to live?

Commerce charter township 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 Commerce charter township?

The median household income in Commerce charter township is around $68,200.

How expensive is housing in Commerce charter township?

The average housing price in Commerce charter township is approximately $266,000.