Eastwood, MI
Population 6,704 · Michigan
About Eastwood, MI
Eastwood is a small community in Michigan with a population of 6,704 residents. The median household income is $50,054 per year, which is near the national average. The median age in Eastwood is 33.2 years.
Housing in Eastwood has a median home value of $133,800 and median monthly rent of $1,028. Of the 3,088 total housing units, the majority are owner-occupied, with 1,674 owner-occupied and 1,205 renter-occupied units.
The unemployment rate in Eastwood is 3.4% and the poverty rate is 11.3%. 19.7% of residents hold a bachelor's degree or higher. The average commute time is 22.4 minutes.
Cost of Living in Eastwood, MI
Compared to national averages, Eastwood has a median household income of $50,054 (33% below the national median of $75,149). Home values average $133,800, which is 45% below the national median. Monthly rent at $1,028 is 12% below the US average of $1,163. Within Michigan, Eastwood's income is 24% below the state average of $66,017, and home values are 27% below the state median of $183,391.
Why Live in Eastwood, MI?
Eastwood offers affordable housing with a median home value of $133,800, below the US average of $244,900, and rent that’s lower than the national average at $1,028/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 11.3%, better than the national average, and short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($50,054) that falls below the national average. However, Eastwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eastwood has a population of 6,704 with a median age of 33.2 years. Compare Eastwood with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Eastwood
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Monroe | 6,771 | $59,674 | $176,900 | Compare |
| Marshall | 6,797 | $75,220 | $169,800 | Compare |
| Byron Center | 6,817 | $112,324 | $359,400 | Compare |
| Bridgeport | 6,841 | $47,325 | $91,400 | Compare |
| St. Louis | 6,926 | $46,096 | $115,700 | Compare |
| Milford | 6,467 | $102,521 | $348,600 | Compare |
| Fair Plain | 6,992 | $55,536 | $147,800 | Compare |
| New Haven | 6,341 | $68,203 | $207,600 | 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.
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Frequently Asked Questions about Eastwood
What is the population of Eastwood, MI?
The population of Eastwood, MI is 6,704 according to the latest Census data.
What is the median household income in Eastwood?
The median household income in Eastwood, MI is $50,054 per year.
What is the median home value in Eastwood?
The median home value in Eastwood, MI is $133,800.
What is the average rent in Eastwood?
The median monthly rent in Eastwood, MI is $1,028.
What is the unemployment rate in Eastwood?
The unemployment rate in Eastwood, MI is 3.4%.