Stephenson, Michigan Housing

Stephenson, Michigan has a population of 700, with a median household income of $68,200.

Current housing data for Stephenson.

$266,000

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Population

700

💰

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

174.00 Mbps

Stephenson 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, Stephenson provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Stephenson has a population of 700, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

As part of Michigan, Stephenson contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Stephenson

What is the population of Stephenson?

The population of Stephenson is approximately 700.

Is Stephenson a good place to live?

Stephenson 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 Stephenson?

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

How expensive is housing in Stephenson?

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