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
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
7.9%
119% 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 Rate | 7.9% |
| Poverty Rate | 11.3% |
| Gini Coefficient | 0.406 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 73.4% |
| Public Transit | 0.0% |
| Work From Home | 9.8% |
Businesses
| Total Establishments | 480 |
| Restaurants | 39 |
| Healthcare | 44 |
| Retail | 67 |
| Manufacturing | 44 |
Tax
| IRS Avg AGI | $56,102 |
| Avg Property Tax | $3,468 |