Bangor, MI
Population 2,113 · Michigan
About Bangor, MI
Bangor is a small town located in Michigan with a population of 2,113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,714 per year, which is 33% below the national median of $75,149. The median age of 30 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bangor features a median home value of $106,800, which is 56% below the national median of $244,900. This makes Bangor one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $629, 46% below the national average of $1,163/month. Of the 770 total housing units, 61% are owner-occupied (445 units) and 39% are renter-occupied (283 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bangor shows an unemployment rate of 10.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.6%, above the national average of 12.4%. Workers in Bangor have an average one-way commute time of 20.9 minutes.
Education & Demographics
14.9% of Bangor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 35.5% White, 2.0% Hispanic or Latino, 2.9% Black or African American, and 4.0% Asian residents, with 16.2% of the population being foreign-born.
Cost of Living in Bangor, MI
Compared to national averages, Bangor has a median household income of $50,714 (33% below the national median of $75,149). Home values average $106,800, which is 56% below the national median. Monthly rent at $629 is 46% below the US average of $1,163. Within Michigan, Bangor's income is 23% below the state average of $66,017, and home values are 42% below the state median of $183,391.
Why Live in Bangor, MI?
Bangor offers affordable housing with a median home value of $106,800, below the US average of $244,900, and rent that’s lower than the national average at $629/month, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($50,714) that falls below the national average. However, Bangor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bangor has a population of 2,113 with a median age of 30 years. Compare Bangor with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Bangor
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Galesburg | 2,122 | $50,481 | $104,100 | Compare |
| South Gull Lake | 2,145 | $236,094 | $0 | Compare |
| Morenci | 2,149 | $58,438 | $93,800 | Compare |
| Yale | 2,157 | $50,673 | $112,100 | Compare |
| Manitou Beach-Devils Lake | 2,062 | $85,777 | $265,500 | Compare |
| Clio | 2,165 | $50,678 | $119,100 | Compare |
| Leslie | 2,167 | $67,355 | $124,100 | Compare |
| Montrose | 2,057 | $44,625 | $109,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bangor With Other Cities
Frequently Asked Questions about Bangor
What is the population of Bangor, MI?
The population of Bangor, MI is 2,113 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Bangor?
The median household income in Bangor, MI is $50,714 per year, which is 33% below the national median of $75,149.
What is the median home value in Bangor?
The median home value in Bangor, MI is $106,800, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bangor?
The median monthly rent in Bangor, MI is $629, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Bangor?
The unemployment rate in Bangor, MI is 10.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bangor, MI a good place to live?
Bangor offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,113 and a median age of 30, the city appeals to young professionals and families.
How educated is Bangor, MI?
14.9% of residents in Bangor aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bangor?
Key cost-of-living indicators for Bangor, MI: median home value is $106,800 (56% below national), median rent is $629/month, and median household income is $50,714. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bangor?
The poverty rate in Bangor, MI is 15.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bangor, MI?
Bangor's population is 35.5% White, 2.0% Hispanic or Latino, 2.9% Black or African American, 4.0% Asian, and 5.7% two or more races. 16.2% of residents are foreign-born.