Elm River township, Michigan Unemployment

Elm River township, Michigan has a population of 1,400, with a median household income of $68,200.

Current unemployment data for Elm River township.

5.10%

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Population

1,400

💰

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

183.00 Mbps

Elm River township 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, Elm River township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Elm River township has a population of 1,400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

The unemployment rate in Elm River township is 5.10%, which is lower than the state average, indicating a relatively strong job market. Elm River 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, Elm River township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Elm River township

What is the population of Elm River township?

The population of Elm River township is approximately 1,400.

Is Elm River township a good place to live?

Elm River 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 Elm River township?

The median household income in Elm River township is around $68,200.

How expensive is housing in Elm River township?

The average housing price in Elm River township is approximately $266,000.