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 Rate | 3.7% |
| Poverty Rate | 26.3% |
| Gini Coefficient | 0.422 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 71.6% |
| Public Transit | 0.6% |
| Work From Home | 11.7% |
Businesses
| Total Establishments | 880 |
| Restaurants | 71 |
| Healthcare | 81 |
| Retail | 123 |
| Manufacturing | 75 |
Tax
| IRS Avg AGI | $58,886 |
| Avg Property Tax | $4,053 |
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