Charlotte, MI
Full City Profile · Michigan · Eaton County County
3.1
/5.0
B
Good
9,269
Population
1,437/sq mi density
$63,385
Median Income
$28,059 per capita
$140,500
Home Value
$230,370 Zillow
$779
Median Rent
26.6% income on rent
47°F
Avg Temperature
260 sunny days/yr
308
Violent Crime/100K
1,926 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,385 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$140,500 home value, $779/mo rent
F
Safety
1.0 / 5.0
308 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Housing Overview
Median Home Value
$140,500
50% below
US avg: $281,900
Median Rent
$779/mo
33% below
US avg: $1,163/mo
Homeownership Rate
66.8%
2% above US avg (65.4%)
Total Housing Units
3,728
Median year built: 1962
Home Value by Source
Census Median
$140,500
Zillow (ZHVI)
$230,370
Median Sale Price
$215,000
Median List Price
$199,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.8%
Owner-Occupied
33.2%
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:
$779/mo
Market Indicators (Redfin)
Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
6.7%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
66.8%
Complete Housing Data
Home Values
| Census Median Value | $140,500 |
| Zillow Home Value (ZHVI) | $230,370 |
| Median Sale Price | $215,000 |
| Median List Price | $199,900 |
| Price Per Sq Ft | $135 |
Rent
| Census Median Rent | $779 |
| 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 | 70 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 6.7% |
| Homes Sold | 7 |
| Active Inventory | 15 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 66.8% |
| Renter-Occupied | 33.2% |
| Homeownership Rate | 66.8% |
| Total Housing Units | 3,728 |
| Median Year Built | 1962 |
| Rent Burden | 26.6% |
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