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Gladstone, MI

Full City Profile · Michigan · Menominee County County

3.1 /5.0
B Good
5,240 Population 1,034/sq mi density
$57,534 Median Income $29,093 per capita
$111,700 Home Value $200,964 Zillow
$793 Median Rent 36.3% income on rent
44°F Avg Temperature 270 sunny days/yr
106 Violent Crime/100K 1,085 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$57,534 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$111,700 home value, $793/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher

Housing Overview

Median Home Value
$111,700
60% below
US avg: $281,900
Median Rent
$793/mo
32% below
US avg: $1,163/mo
Homeownership Rate
74.0%
13% above US avg (65.4%)
Total Housing Units
2,247
Median year built: 1960

Home Value by Source

Census Median
$111,700
Zillow (ZHVI)
$200,964
Median Sale Price
$168,000
Median List Price
$161,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.0%
Owner-Occupied
26.0%
Renter-Occupied
74%
26%
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: $793/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$101
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
74.0%

Complete Housing Data

Home Values

Census Median Value$111,700
Zillow Home Value (ZHVI)$200,964
Median Sale Price$168,000
Median List Price$161,000
Price Per Sq Ft$101

Rent

Census Median Rent$793
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 Market60
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold3
Active Inventory11
Price Per Sq Ft$101

Ownership & Stock

Owner-Occupied74.0%
Renter-Occupied26.0%
Homeownership Rate74.0%
Total Housing Units2,247
Median Year Built1960
Rent Burden36.3%