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Hersey, MI
Full City Profile · Michigan · Osceola County County
2.9
/5.0
C+
Fair
317
Population
288/sq mi density
$60,000
Median Income
$27,446 per capita
$113,500
Home Value
$192,539 Zillow
$913
Median Rent
25.8% income on rent
45°F
Avg Temperature
260 sunny days/yr
42
Violent Crime/100K
1,540 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$60,000 median income, 8.1% unemployment
A+
Affordability
5.0 / 5.0
$113,500 home value, $913/mo rent
F
Safety
1.0 / 5.0
42 violent crimes/100K
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher
Housing Overview
Median Home Value
$113,500
60% below
US avg: $281,900
Median Rent
$913/mo
21% below
US avg: $1,163/mo
Homeownership Rate
82.3%
26% above US avg (65.4%)
Total Housing Units
159
Median year built: 1970
Home Value by Source
Census Median
$113,500
Zillow (ZHVI)
$192,539
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.3%
Owner-Occupied
17.7%
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:
$913/mo
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
82.3%
Complete Housing Data
Home Values
| Census Median Value | $113,500 |
| Zillow Home Value (ZHVI) | $192,539 |
Rent
| Census Median Rent | $913 |
| 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 | 82.3% |
| Renter-Occupied | 17.7% |
| Homeownership Rate | 82.3% |
| Total Housing Units | 159 |
| Median Year Built | 1970 |
| Rent Burden | 25.8% |