Reed City, MI

Full City Profile · Michigan · Osceola County County

3.3 /5.0
B Good
2,505 Population 1,193/sq mi density
$48,646 Median Income $25,175 per capita
$105,400 Home Value $197,984 Zillow
$587 Median Rent 24.1% income on rent
45°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,646 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$105,400 home value, $587/mo rent
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher

Reed City, MI

At a Glance

Median Income
$48,646
35% below
$25,175 per capita
Home Value
$105,400
63% below
Zillow: $197,984
Median Rent
$587/mo
50% below
24.1% of income on rent
Bachelor's Degree+
14.7%
56% below
80.6% high school+
Unemployment
7.9%
119% above
11.3% poverty rate
Obesity Rate
39.3%
22% above
18.3% smoking rate
Avg Temperature
45°F

How Reed City Compares to the U.S. Average

Each bar shows Reed City's value as a percentage of the national average (100% = U.S. avg)

Income
65%
Home Value
37%
Rent
50%
Poverty
91%
Bachelor's
44%
Unemployment
219%
Thin vertical line = U.S. national average (100%)

Is Reed City a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Reed City residents earn a median household income of $48,646 , which is 35% below the national average of $75,149. Per capita income is $25,175. The unemployment rate stands at 7.9% (119% above the U.S. rate of 3.6%). 11.3% of residents live below the poverty line. The area is home to 480 business establishments, including 39 restaurants.

Housing & Cost of Living

The median home value in Reed City is $105,400 , 63% below the national median of $281,900. Zillow estimates the typical home at $197,984. Median rent is $587/month, with 24.1% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1958.

Education

14.7% of adults in Reed City hold a bachelor's degree or higher (56% below the national average). 80.6% have completed high school. Local schools score 4.5/10 in standardized testing.

Climate & Weather

Reed City has an average annual temperature of 45°F (7°C). Winters average 20°F in January while summers reach 69°F in July. Annual precipitation totals 37.9 inches.

Data Overview

People

Population2,505
Median Age40.8 yrs
Density1,193/mi²
Male / Female43% / 57%
Foreign Born1.4%
Veterans10.2%

Economy

C+
Median Income$48,646
Per Capita$25,175
Unemployment7.9%
Poverty11.3%
County GDP$1,111M
Avg Weekly Wage$1,078

Housing

A+
Home Value$105,400
Rent$587
Ownership59.7%
Zillow$197,984
Housing Units1,184
Rent Burden24.1%

Health

Obesity39.3%
Diabetes10.3%
Smoking18.3%
Heart Disease6.2%
Premature Death7,959/100K

Climate

Avg Temp45°F
Rain37.9 in/yr
Elevation1,032 ft

Education

C
Bachelor's+14.7%
High School+80.6%
Graduate+8.6%
School Score4.5/10

Community

2024 VoteR 73% / D 25%
Commute24 min
Broadband84.1%
Internet Speed96 Mbps
EV Stations3
Libraries5

Did You Know?

The median home in Reed City was built in 1958.
The nearest airport is Gerald R Ford International (69 miles).
The Gini coefficient (income inequality) is 0.406 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
28.6% of the population has a disability.
The county recorded 3 fatal vehicle crashes.