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Watervliet, MI
Full City Profile · Michigan · Van Buren County County
2.9
/5.0
C+
Fair
1,879
Population
1,592/sq mi density
$57,477
Median Income
$23,076 per capita
$130,000
Home Value
$217,393 Zillow
$838
Median Rent
27.9% income on rent
50°F
Avg Temperature
260 sunny days/yr
363
Violent Crime/100K
1,392 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$57,477 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$130,000 home value, $838/mo rent
F
Safety
1.0 / 5.0
363 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Housing Overview
Median Home Value
$130,000
54% below
US avg: $281,900
Median Rent
$838/mo
28% below
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
714
Median year built: 1955
Home Value by Source
Census Median
$130,000
Zillow (ZHVI)
$217,393
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.2%
Owner-Occupied
33.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$838/mo
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
66.2%
Complete Housing Data
Home Values
| Census Median Value | $130,000 |
| Zillow Home Value (ZHVI) | $217,393 |
Rent
| Census Median Rent | $838 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 66.2% |
| Renter-Occupied | 33.8% |
| Homeownership Rate | 66.2% |
| Total Housing Units | 714 |
| Median Year Built | 1955 |
| Rent Burden | 27.9% |