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Ithaca, MI
Full City Profile · Michigan · Gratiot County County
3.3
/5.0
B
Good
2,831
Population
495/sq mi density
$62,375
Median Income
$30,148 per capita
$126,600
Home Value
$194,519 Zillow
$802
Median Rent
29.7% income on rent
47°F
Avg Temperature
260 sunny days/yr
238
Violent Crime/100K
1,501 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$62,375 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$126,600 home value, $802/mo rent
F
Safety
1.0 / 5.0
238 violent crimes/100K
B
Education
3.3 / 5.0
28.2% bachelor's degree or higher
Housing Overview
Median Home Value
$126,600
55% below
US avg: $281,900
Median Rent
$802/mo
31% below
US avg: $1,163/mo
Homeownership Rate
71.1%
9% above US avg (65.4%)
Total Housing Units
1,259
Median year built: 1958
Home Value by Source
Census Median
$126,600
Zillow (ZHVI)
$194,519
Median Sale Price
$142,500
Median List Price
$104,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.1%
Owner-Occupied
28.9%
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:
$802/mo
Market Indicators (Redfin)
Median Days on Market
137 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$106
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
71.1%
Complete Housing Data
Home Values
| Census Median Value | $126,600 |
| Zillow Home Value (ZHVI) | $194,519 |
| Median Sale Price | $142,500 |
| Median List Price | $104,950 |
| Price Per Sq Ft | $106 |
Rent
| Census Median Rent | $802 |
| 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 | 137 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 16.7% |
| Homes Sold | 4 |
| Active Inventory | 6 |
| Price Per Sq Ft | $106 |
Ownership & Stock
| Owner-Occupied | 71.1% |
| Renter-Occupied | 28.9% |
| Homeownership Rate | 71.1% |
| Total Housing Units | 1,259 |
| Median Year Built | 1958 |
| Rent Burden | 29.7% |