Charlotte, MI
Population 9,269 · Michigan
About Charlotte, MI
Charlotte is a small town located in Michigan with a population of 9,269 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,385 per year, which is 16% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Charlotte features a median home value of $140,500, which is 43% below the national median of $244,900. This makes Charlotte one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $779, 33% below the national average of $1,163/month. Of the 3,776 total housing units, 67% are owner-occupied (2,353 units) and 33% are renter-occupied (1,171 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Charlotte shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 11.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Charlotte have an average one-way commute time of 20 minutes.
Education & Demographics
17.4% of Charlotte 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 2.7% White, 2.4% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Charlotte, MI
Compared to national averages, Charlotte has a median household income of $63,385 (16% below the national median of $75,149). Home values average $140,500, which is 43% below the national median. Monthly rent at $779 is 33% below the US average of $1,163. Within Michigan, Charlotte's income is 4% below the state average of $66,017, and home values are 23% below the state median of $183,391.
Why Live in Charlotte, MI?
Charlotte offers affordable housing with a median home value of $140,500, below the US average of $244,900, and rent that’s lower than the national average at $779/month, and a low poverty rate of 11.6%, better than the national average. Additionally, the city features short commute times averaging just 20 minutes.
Potential considerations include median household income ($63,385) that falls below the national average. However, Charlotte’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Charlotte has a population of 9,269 with a median age of 35.9 years. Compare Charlotte with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Charlotte
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plymouth | 9,234 | $111,742 | $418,200 | Compare |
| Ecorse | 9,170 | $45,082 | $59,400 | Compare |
| Alma | 9,421 | $50,506 | $108,100 | Compare |
| Lapeer | 9,053 | $53,038 | $165,300 | Compare |
| Benton Harbor | 9,023 | $29,652 | $75,500 | Compare |
| Saline | 8,976 | $90,662 | $310,600 | Compare |
| Westwood | 8,968 | $62,408 | $187,300 | Compare |
| Greenville | 8,897 | $55,477 | $160,600 | 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 Charlotte With Other Cities
Frequently Asked Questions about Charlotte
What is the population of Charlotte, MI?
The population of Charlotte, MI is 9,269 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 Charlotte?
The median household income in Charlotte, MI is $63,385 per year, which is 16% below the national median of $75,149.
What is the median home value in Charlotte?
The median home value in Charlotte, MI is $140,500, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Charlotte?
The median monthly rent in Charlotte, MI is $779, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Charlotte?
The unemployment rate in Charlotte, MI is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Charlotte, MI a good place to live?
Charlotte offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 9,269 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Charlotte, MI?
17.4% of residents in Charlotte 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 Charlotte?
Key cost-of-living indicators for Charlotte, MI: median home value is $140,500 (43% below national), median rent is $779/month, and median household income is $63,385. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Charlotte?
The poverty rate in Charlotte, MI is 11.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Charlotte, MI?
Charlotte's population is 2.7% White, 2.4% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 2.0% two or more races. 1.0% of residents are foreign-born.