Henderson, MI
Full City Profile · Michigan · Saginaw County County
4.0
/5.0
A
Great
330
Population
92/sq mi density
$83,571
Median Income
$38,418 per capita
$212,500
Home Value
$177,902 Zillow
$1,047
Median Rent
16.1% income on rent
48°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$83,571 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$212,500 home value, $1,047/mo rent
C+
Education
2.5 / 5.0
19.2% bachelor's degree or higher
Housing Overview
Median Home Value
$212,500
25% below
US avg: $281,900
Median Rent
$1,047/mo
10% below
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
154
Median year built: 1956
Home Value by Source
Census Median
$212,500
Zillow (ZHVI)
$177,902
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.2%
Owner-Occupied
15.8%
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:
$1,047/mo
Affordability & Housing Stock
Rent Burden
16.1%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
84.2%
Complete Housing Data
Home Values
| Census Median Value | $212,500 |
| Zillow Home Value (ZHVI) | $177,902 |
Rent
| Census Median Rent | $1,047 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 84.2% |
| Renter-Occupied | 15.8% |
| Homeownership Rate | 84.2% |
| Total Housing Units | 154 |
| Median Year Built | 1956 |
| Rent Burden | 16.1% |