Charlevoix, MI
Population 2,420 · Michigan
About Charlevoix, MI
Charlevoix is a small town located in Michigan with a population of 2,420 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,344 per year, which is 30% below the national median of $75,149. The median age of 47.2 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 Charlevoix features a median home value of $294,400, which is 20% above the national median of $244,900. This positions Charlevoix in a moderately priced market relative to the rest of the country. Median monthly rent is $880, 24% below the national average of $1,163/month. Of the 1,973 total housing units, 55% are owner-occupied (724 units) and 45% are renter-occupied (590 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Charlevoix shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.7%, above the national average of 12.4%. Workers in Charlevoix have an average one-way commute time of 14.7 minutes, one of the shorter commutes in the region.
Education & Demographics
31.8% of Charlevoix residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 1.5% Hispanic or Latino, 1.2% Black or African American, and 0.1% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Charlevoix, MI
Compared to national averages, Charlevoix has a median household income of $52,344 (30% below the national median of $75,149). Home values average $294,400, which is 20% above the national median. Monthly rent at $880 is 24% below the US average of $1,163. Within Michigan, Charlevoix's income is 21% below the state average of $66,017, and home values are 61% above the state median of $183,391.
Why Live in Charlevoix, MI?
Charlevoix offers rent that’s lower than the national average at $880/month, and short commute times averaging just 14.7 minutes.
Potential considerations include median household income ($52,344) that falls below the national average. However, Charlevoix’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Charlevoix has a population of 2,420 with a median age of 47.2 years. Compare Charlevoix with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Charlevoix
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chesaning | 2,411 | $57,426 | $123,900 | Compare |
| St. Ignace | 2,409 | $60,735 | $127,800 | Compare |
| Hudson | 2,385 | $57,500 | $103,100 | Compare |
| Spring Arbor | 2,385 | $77,721 | $213,100 | Compare |
| Bridgman | 2,383 | $71,435 | $228,800 | Compare |
| Manchester | 2,375 | $81,393 | $222,700 | Compare |
| Kalkaska | 2,370 | $42,955 | $121,300 | Compare |
| Edgemont Park | 2,367 | $62,120 | $161,800 | 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 Charlevoix With Other Cities
Frequently Asked Questions about Charlevoix
What is the population of Charlevoix, MI?
The population of Charlevoix, MI is 2,420 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 Charlevoix?
The median household income in Charlevoix, MI is $52,344 per year, which is 30% below the national median of $75,149.
What is the median home value in Charlevoix?
The median home value in Charlevoix, MI is $294,400, which is 20% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Charlevoix?
The median monthly rent in Charlevoix, MI is $880, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Charlevoix?
The unemployment rate in Charlevoix, MI is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Charlevoix, MI a good place to live?
Charlevoix offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 2,420 and a median age of 47.2, the city appeals to established professionals and retirees.
How educated is Charlevoix, MI?
31.8% of residents in Charlevoix 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 Charlevoix?
Key cost-of-living indicators for Charlevoix, MI: median home value is $294,400 (20% above national), median rent is $880/month, and median household income is $52,344. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Charlevoix?
The poverty rate in Charlevoix, MI is 25.7%, 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 Charlevoix, MI?
Charlevoix's population is 0.4% White, 1.5% Hispanic or Latino, 1.2% Black or African American, 0.1% Asian, and 2.8% two or more races. 1.1% of residents are foreign-born.