Conway, MI
Population 161 · Michigan
About Conway, MI
Conway is a small community located in Michigan with a population of 161 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,114 per year, which is 0% below the national median of $75,149. The median age of 65.5 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 Conway features a median home value of $430,000, which is 76% above the national median of $244,900. This places Conway in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 195 total housing units, 72% are owner-occupied (54 units) and 28% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Conway shows an unemployment rate of 23.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Conway have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
41.5% of Conway 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Conway, MI
Compared to national averages, Conway has a median household income of $75,114 (0% below the national median of $75,149). Home values average $430,000, which is 76% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Conway's income is 14% above the state average of $66,017, and home values are 134% above the state median of $183,391.
Why Live in Conway, MI?
Conway offers rent that’s lower than the national average at $0/month, and a well-educated community where 41.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.7%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($75,114) that falls below the national average, and a competitive housing market where the typical home costs $430,000. However, Conway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Conway has a population of 161 with a median age of 65.5 years. Compare Conway with other cities to see how it stacks up, or explore all cities in Michigan.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Conway
What is the population of Conway, MI?
The population of Conway, MI is 161 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 Conway?
The median household income in Conway, MI is $75,114 per year, which is 0% below the national median of $75,149.
What is the median home value in Conway?
The median home value in Conway, MI is $430,000, which is 76% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Conway?
The median monthly rent in Conway, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Conway?
The unemployment rate in Conway, MI is 23.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Conway, MI a good place to live?
Conway offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 161 and a median age of 65.5, the city appeals to established professionals and retirees.
How educated is Conway, MI?
41.5% of residents in Conway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Conway?
Key cost-of-living indicators for Conway, MI: median home value is $430,000 (76% above national), median rent is $0/month, and median household income is $75,114. The home-value-to-income ratio is 5.7x, a moderate figure by national standards.
What is the poverty rate in Conway?
The poverty rate in Conway, MI is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Conway, MI?
Conway's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.