Carney, MI
Population 198 · Michigan
About Carney, MI
Carney is a small community located in Michigan with a population of 198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,250 per year, which is 38% below the national median of $75,149. The median age of 51.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Carney features a median home value of $115,500, which is 53% below the national median of $244,900. This makes Carney one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $890, 23% below the national average of $1,163/month. Of the 97 total housing units, 78% are owner-occupied (60 units) and 22% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Carney shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.2%, above the national average of 12.4%. Workers in Carney have an average one-way commute time of 21.3 minutes.
Education & Demographics
9.9% of Carney 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 2.0% White, 3.0% Hispanic or Latino, 1.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Carney, MI
Compared to national averages, Carney has a median household income of $46,250 (38% below the national median of $75,149). Home values average $115,500, which is 53% below the national median. Monthly rent at $890 is 23% below the US average of $1,163. Within Michigan, Carney's income is 30% below the state average of $66,017, and home values are 37% below the state median of $183,391.
Why Live in Carney, MI?
Carney offers affordable housing with a median home value of $115,500, below the US average of $244,900, and rent that’s lower than the national average at $890/month, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($46,250) that falls below the national average. However, Carney’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carney has a population of 198 with a median age of 51.7 years. Compare Carney with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Carney
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marenisco | 198 | $40,556 | $45,400 | Compare |
| Michigamme | 196 | $48,750 | $166,300 | Compare |
| Millersburg | 196 | $54,375 | $79,200 | Compare |
| Mass City | 202 | $65,000 | $56,800 | Compare |
| Melvin | 203 | $49,375 | $103,800 | Compare |
| Maple City | 192 | $100,694 | $282,800 | Compare |
| Harrietta | 190 | $47,500 | $0 | Compare |
| Falmouth | 189 | $26,058 | $124,000 | 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 Carney With Other Cities
Frequently Asked Questions about Carney
What is the population of Carney, MI?
The population of Carney, MI is 198 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Carney?
The median household income in Carney, MI is $46,250 per year, which is 38% below the national median of $75,149.
What is the median home value in Carney?
The median home value in Carney, MI is $115,500, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Carney?
The median monthly rent in Carney, MI is $890, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Carney?
The unemployment rate in Carney, MI is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Carney, MI a good place to live?
Carney offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 198 and a median age of 51.7, the city appeals to established professionals and retirees.
How educated is Carney, MI?
9.9% of residents in Carney 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 Carney?
Key cost-of-living indicators for Carney, MI: median home value is $115,500 (53% below national), median rent is $890/month, and median household income is $46,250. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Carney?
The poverty rate in Carney, MI is 17.2%, 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 Carney, MI?
Carney's population is 2.0% White, 3.0% Hispanic or Latino, 1.0% Black or African American, 0.0% Asian, and 5.1% two or more races. 1.5% of residents are foreign-born.