Alma, MI
Full City Profile · Michigan · Gratiot County County
3.1
/5.0
B
Good
9,421
Population
1,575/sq mi density
$50,506
Median Income
$26,194 per capita
$108,100
Home Value
$158,260 Zillow
$791
Median Rent
31.9% income on rent
47°F
Avg Temperature
260 sunny days/yr
226
Violent Crime/100K
1,229 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$50,506 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$108,100 home value, $791/mo rent
F
Safety
1.0 / 5.0
226 violent crimes/100K
B
Education
3.3 / 5.0
28.5% bachelor's degree or higher
Housing Overview
Median Home Value
$108,100
62% below
US avg: $281,900
Median Rent
$791/mo
32% below
US avg: $1,163/mo
Homeownership Rate
64.1%
2% below US avg (65.4%)
Total Housing Units
3,797
Median year built: 1961
Home Value by Source
Census Median
$108,100
Zillow (ZHVI)
$158,260
Median Sale Price
$124,000
Median List Price
$149,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.1%
Owner-Occupied
35.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$791/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
9
Price Drops
23.7%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
38
homes for sale
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
64.1%
Complete Housing Data
Home Values
| Census Median Value | $108,100 |
| Zillow Home Value (ZHVI) | $158,260 |
| Median Sale Price | $124,000 |
| Median List Price | $149,950 |
| Price Per Sq Ft | $117 |
Rent
| Census Median Rent | $791 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 23.7% |
| Homes Sold | 9 |
| Active Inventory | 38 |
| Price Per Sq Ft | $117 |
Ownership & Stock
| Owner-Occupied | 64.1% |
| Renter-Occupied | 35.9% |
| Homeownership Rate | 64.1% |
| Total Housing Units | 3,797 |
| Median Year Built | 1961 |
| Rent Burden | 31.9% |
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