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Reed City, MI

Full City Profile · Michigan · Osceola County County

2.9 /5.0
C+ Fair
2,505 Population 1,193/sq mi density
$48,646 Median Income $25,175 per capita
$105,400 Home Value $191,831 Zillow
$587 Median Rent 24.1% income on rent
45°F Avg Temperature 260 sunny days/yr
757 Violent Crime/100K 1,641 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$48,646 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$105,400 home value, $587/mo rent
F
Safety
1.0 / 5.0
757 violent crimes/100K (99% above avg)
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher

Income Overview

Median Household Income
$48,646
35% below
US avg: $75,149
Per Capita Income
$25,175
36% below
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
11.3%
9% below
US avg: 12.4%

Income Comparison: Reed City vs. U.S. Average

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

Median Household
US: $75,149
$48,646
65%
Per Capita
US: $39,052
$25,175
64%
IRS Avg AGI
US: $72,000
$56,102
78%
Avg Weekly Wage
US: $1,432
$1,078
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,078
25% below US avg ($1,432)
Mean Commute Time
24 min
12% below US avg (28 min)
Work From Home
9.8%
36% below US avg (15.2%)
Drive Alone
73.4%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,111M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.4%
Public Transit 0%
Work From Home 9.8%
Other 16.8%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
480
Restaurants
39
Healthcare
44
Retail
67
Manufacturing
44

Tax & Financial

IRS Avg Adjusted Gross Income
$56,102
22% below US avg ($72,000)
Avg Property Tax
$3,468
1% below US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$48,646
Per Capita Income$25,175
IRS Avg Adjusted Gross Income$56,102
Avg Weekly Wage$1,078
County GDP$1,111M

Hardship Indicators

Unemployment Rate3.9%
Poverty Rate11.3%
Gini Coefficient0.406
Cost of Living Index96.2

Commute

Mean Commute24 minutes
Drive Alone73.4%
Public Transit0.0%
Work From Home9.8%

Businesses

Total Establishments480
Restaurants39
Healthcare44
Retail67
Manufacturing44

Tax

IRS Avg AGI$56,102
Avg Property Tax$3,468