Essexville, MI
Population 3,344 · Michigan
About Essexville, MI
Essexville is a small town located in Michigan with a population of 3,344 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,182 per year, which is 1% above the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Essexville features a median home value of $121,200, which is 51% below the national median of $244,900. This makes Essexville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $707, 39% below the national average of $1,163/month. Of the 1,314 total housing units, 91% are owner-occupied (1,170 units) and 9% are renter-occupied (122 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Essexville shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Essexville have an average one-way commute time of 21 minutes.
Education & Demographics
23.8% of Essexville 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 10.4% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Essexville, MI
Compared to national averages, Essexville has a median household income of $76,182 (1% above the national median of $75,149). Home values average $121,200, which is 51% below the national median. Monthly rent at $707 is 39% below the US average of $1,163. Within Michigan, Essexville's income is 15% above the state average of $66,017, and home values are 34% below the state median of $183,391.
Why Live in Essexville, MI?
Essexville offers a strong local economy with a median household income of $76,182, well above the national average, and affordable housing with a median home value of $121,200, below the US average of $244,900, and rent that’s lower than the national average at $707/month. Additionally, the city features a strong job market with an unemployment rate of just 2.7%, and a low poverty rate of 4.9%, better than the national average, and short commute times averaging just 21 minutes.
Essexville has a population of 3,344 with a median age of 41.5 years. Compare Essexville with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Essexville
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clare | 3,341 | $43,105 | $124,800 | Compare |
| Level Park-Oak Park | 3,367 | $70,051 | $128,100 | Compare |
| Paw Paw | 3,277 | $38,989 | $133,600 | Compare |
| Blissfield | 3,236 | $62,386 | $164,600 | Compare |
| Oxford | 3,478 | $88,214 | $351,300 | Compare |
| Durand | 3,485 | $60,032 | $123,900 | Compare |
| Rockwood | 3,189 | $85,391 | $180,000 | Compare |
| Mount Morris | 3,130 | $42,886 | $79,500 | 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 Essexville With Other Cities
Frequently Asked Questions about Essexville
What is the population of Essexville, MI?
The population of Essexville, MI is 3,344 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 Essexville?
The median household income in Essexville, MI is $76,182 per year, which is 1% above the national median of $75,149.
What is the median home value in Essexville?
The median home value in Essexville, MI is $121,200, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Essexville?
The median monthly rent in Essexville, MI is $707, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Essexville?
The unemployment rate in Essexville, MI is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Essexville, MI a good place to live?
Essexville offers above-average incomes, affordable housing, and a strong job market. With a population of 3,344 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Essexville, MI?
23.8% of residents in Essexville 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 Essexville?
Key cost-of-living indicators for Essexville, MI: median home value is $121,200 (51% below national), median rent is $707/month, and median household income is $76,182. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Essexville?
The poverty rate in Essexville, MI is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Essexville, MI?
Essexville's population is 10.4% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.4% two or more races. 0.0% of residents are foreign-born.