Davison, MI
Population 5,082 · Michigan
About Davison, MI
Davison is a small town located in Michigan with a population of 5,082 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,450 per year, which is 33% below the national median of $75,149. The median age of 43.3 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 Davison features a median home value of $166,100, which is 32% below the national median of $244,900. This positions Davison in a moderately priced market relative to the rest of the country. Median monthly rent is $858, 26% below the national average of $1,163/month. Of the 2,582 total housing units, 48% are owner-occupied (1,164 units) and 52% are renter-occupied (1,268 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Davison shows an unemployment rate of 10.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Davison have an average one-way commute time of 27.5 minutes.
Education & Demographics
25.5% of Davison 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 2.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Davison, MI
Compared to national averages, Davison has a median household income of $50,450 (33% below the national median of $75,149). Home values average $166,100, which is 32% below the national median. Monthly rent at $858 is 26% below the US average of $1,163. Within Michigan, Davison's income is 24% below the state average of $66,017, and home values are 9% below the state median of $183,391.
Why Live in Davison, MI?
Davison offers affordable housing with a median home value of $166,100, below the US average of $244,900, and rent that’s lower than the national average at $858/month.
Potential considerations include median household income ($50,450) that falls below the national average. However, Davison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Davison has a population of 5,082 with a median age of 43.3 years. Compare Davison with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Davison
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frankenmuth | 5,108 | $84,583 | $277,600 | Compare |
| Kingsford | 5,138 | $61,108 | $110,600 | Compare |
| Ironwood | 5,004 | $37,191 | $74,900 | Compare |
| Allegan | 5,182 | $42,261 | $161,100 | Compare |
| Utica | 5,184 | $55,524 | $216,800 | Compare |
| Comstock Northwest | 5,190 | $73,290 | $233,100 | Compare |
| Eaton Rapids | 5,197 | $63,618 | $140,600 | Compare |
| Gibraltar | 4,937 | $88,682 | $212,300 | 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 Davison With Other Cities
Frequently Asked Questions about Davison
What is the population of Davison, MI?
The population of Davison, MI is 5,082 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 Davison?
The median household income in Davison, MI is $50,450 per year, which is 33% below the national median of $75,149.
What is the median home value in Davison?
The median home value in Davison, MI is $166,100, which is 32% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Davison?
The median monthly rent in Davison, MI is $858, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Davison?
The unemployment rate in Davison, MI is 10.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Davison, MI a good place to live?
Davison offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,082 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Davison, MI?
25.5% of residents in Davison 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 Davison?
Key cost-of-living indicators for Davison, MI: median home value is $166,100 (32% below national), median rent is $858/month, and median household income is $50,450. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Davison?
The poverty rate in Davison, MI is 16.2%, 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 Davison, MI?
Davison's population is 2.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 1.0% two or more races. 1.1% of residents are foreign-born.