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Reading, MI

Full City Profile · Michigan · Hillsdale County County

3.2 /5.0
B Good
1,241 Population 1,229/sq mi density
$48,804 Median Income $19,431 per capita
$103,300 Home Value $164,349 Zillow
$741 Median Rent 25.9% income on rent
48°F Avg Temperature 275 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$48,804 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$103,300 home value, $741/mo rent
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher

Income Overview

Median Household Income
$48,804
35% below
US avg: $75,149
Per Capita Income
$19,431
50% below
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
26.3%
112% above
US avg: 12.4%

Income Comparison: Reading vs. U.S. Average

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

Median Household
US: $75,149
$48,804
65%
Per Capita
US: $39,052
$19,431
50%
IRS Avg AGI
US: $72,000
$58,886
82%
Avg Weekly Wage
US: $1,432
$991
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$991
31% below US avg ($1,432)
Mean Commute Time
20 min
29% below US avg (28 min)
Work From Home
11.7%
23% below US avg (15.2%)
Drive Alone
71.6%
2% below US avg (73.2%)
Public Transit
0.6%
87% below US avg (5.0%)
County GDP
$2,202M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 71.6%
Public Transit 0.6%
Work From Home 11.7%
Other 16.1%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
880
Restaurants
71
Healthcare
81
Retail
123
Manufacturing
75

Tax & Financial

IRS Avg Adjusted Gross Income
$58,886
18% below US avg ($72,000)
Avg Property Tax
$4,053
16% 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$48,804
Per Capita Income$19,431
IRS Avg Adjusted Gross Income$58,886
Avg Weekly Wage$991
County GDP$2,202M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate26.3%
Gini Coefficient0.422
Cost of Living Index96.2

Commute

Mean Commute20 minutes
Drive Alone71.6%
Public Transit0.6%
Work From Home11.7%

Businesses

Total Establishments880
Restaurants71
Healthcare81
Retail123
Manufacturing75

Tax

IRS Avg AGI$58,886
Avg Property Tax$4,053