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Ovid, MI

Full City Profile · Michigan · Gratiot County County

3.2 /5.0
B Good
1,331 Population 1,318/sq mi density
$49,094 Median Income $24,010 per capita
$92,000 Home Value $187,718 Zillow
$844 Median Rent 27.2% income on rent
48°F Avg Temperature 260 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$49,094 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$92,000 home value, $844/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher

Income Overview

Median Household Income
$49,094
35% below
US avg: $75,149
Per Capita Income
$24,010
39% below
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
13.2%
6% above
US avg: 12.4%

Income Comparison: Ovid vs. U.S. Average

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

Median Household
US: $75,149
$49,094
65%
Per Capita
US: $39,052
$24,010
61%
IRS Avg AGI
US: $72,000
$60,876
85%
Avg Weekly Wage
US: $1,432
$1,055
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,055
26% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
8.5%
44% below US avg (15.2%)
Drive Alone
77.1%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,982M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.1%
Public Transit 0%
Work From Home 8.5%
Other 14.4%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
794
Restaurants
73
Healthcare
106
Retail
124
Manufacturing
47

Tax & Financial

IRS Avg Adjusted Gross Income
$60,876
15% below US avg ($72,000)
Avg Property Tax
$3,958
13% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$49,094
Per Capita Income$24,010
IRS Avg Adjusted Gross Income$60,876
Avg Weekly Wage$1,055
County GDP$1,982M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate13.2%
Gini Coefficient0.445
Cost of Living Index96.2

Commute

Mean Commute23 minutes
Drive Alone77.1%
Public Transit0.0%
Work From Home8.5%

Businesses

Total Establishments794
Restaurants73
Healthcare106
Retail124
Manufacturing47

Tax

IRS Avg AGI$60,876
Avg Property Tax$3,958