Waldron, MI
Full City Profile · Michigan · Williams County County
Waldron, MI
At a Glance
How Waldron Compares to the U.S. Average
Each bar shows Waldron's value as a percentage of the national average (100% = U.S. avg)
Is Waldron a Good Place to Live?
Economy & Jobs
Waldron residents earn a median household income of $45,750 , which is 39% below the national average of $75,149. Per capita income is $21,787. The unemployment rate stands at 6.5% (81% above the U.S. rate of 3.6%). 7.3% of residents live below the poverty line. The area is home to 924 business establishments, including 71 restaurants.
Housing & Cost of Living
The median home value in Waldron is $82,600 , 71% below the national median of $281,900. Zillow estimates the typical home at $149,814. Median rent is $864/month, with 31.1% 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 1938.
Education
8.4% of adults in Waldron hold a bachelor's degree or higher (75% below the national average). 93.0% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Waldron has an average annual temperature of 48°F (9°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 38.1 inches.