Fostoria, MI

Full City Profile · Michigan · Lapeer County County

3.3 /5.0
B Good
1,081 Population 270/sq mi density
$95,491 Median Income $33,343 per capita
$140,400 Home Value $228,679 Zillow
$1,091 Median Rent 14.8% income on rent
48°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$95,491 median income, 14.5% unemployment
A+
Affordability
5.0 / 5.0
$140,400 home value, $1,091/mo rent
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher

Fostoria, MI

At a Glance

Median Income
$95,491
27% above
$33,343 per capita
Home Value
$140,400
50% below
Zillow: $228,679
Median Rent
$1,091/mo
6% below
14.8% of income on rent
Bachelor's Degree+
7.5%
78% below
94.5% high school+
Unemployment
14.5%
303% above
12.8% poverty rate
Obesity Rate
40.6%
26% above
17.3% smoking rate
Avg Temperature
48°F

How Fostoria Compares to the U.S. Average

Each bar shows Fostoria's value as a percentage of the national average (100% = U.S. avg)

Income
127%
Home Value
50%
Rent
94%
Poverty
103%
Bachelor's
22%
Unemployment
403%
Thin vertical line = U.S. national average (100%)

Is Fostoria a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fostoria residents earn a median household income of $95,491 , which is 27% above the national average of $75,149. Per capita income is $33,343. The unemployment rate stands at 14.5% (303% above the U.S. rate of 3.6%). 12.8% of residents live below the poverty line. The area is home to 1,724 business establishments, including 141 restaurants.

Housing & Cost of Living

The median home value in Fostoria is $140,400 , 50% below the national median of $281,900. Zillow estimates the typical home at $228,679. Median rent is $1,091/month, with 14.8% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1971.

Education

7.5% of adults in Fostoria hold a bachelor's degree or higher (78% below the national average). 94.5% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Fostoria has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 72°F in July. Annual precipitation totals 33.6 inches.

Data Overview

People

Population1,081
Median Age36.8 yrs
Density270/mi²
Male / Female45% / 55%
Foreign Born0.6%
Veterans7.5%

Economy

B
Median Income$95,491
Per Capita$33,343
Unemployment14.5%
Poverty12.8%
County GDP$3,258M
Avg Weekly Wage$996

Housing

A+
Home Value$140,400
Rent$1,091
Ownership84.4%
Zillow$228,679
Housing Units338
Rent Burden14.8%

Health

Obesity40.6%
Diabetes9.6%
Smoking17.3%
Heart Disease5.8%
Premature Death8,510/100K

Climate

Avg Temp48°F
Rain33.6 in/yr
Elevation842 ft

Education

D
Bachelor's+7.5%
High School+94.5%
Graduate+0.7%
School Score5.4/10

Community

2024 VoteR 69% / D 29%
Commute32 min
Broadband72.4%
Internet Speed124 Mbps
EV Stations1
Libraries13

Did You Know?

The median home in Fostoria was built in 1971.
The nearest airport is Bishop International (24 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
21.7% of the population has a disability.
Average internet download speed is 124 Mbps.
There are 141 restaurants in the area.
The county recorded 9 fatal vehicle crashes.