Weidman, Michigan Median Income

Weidman, Michigan has a population of 1,000, with a median household income of $68,200.

Current median income data for Weidman.

$68,200

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Population

1,000

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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

179.00 Mbps

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

Population Overview

Weidman has a population of 1,000, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Weidman

What is the population of Weidman?

The population of Weidman is approximately 1,000.

Is Weidman a good place to live?

Weidman 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 Weidman?

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

How expensive is housing in Weidman?

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