Fraser, MI
Population 14,604 · Michigan
About Fraser, MI
Fraser is a mid-sized city in Michigan with a population of 14,604 residents. The median household income is $61,118 per year, which is near the national average. The median age in Fraser is 41.6 years.
Housing in Fraser has a median home value of $193,600 and median monthly rent of $827. Of the 6,778 total housing units, the majority are owner-occupied, with 4,731 owner-occupied and 1,775 renter-occupied units.
The unemployment rate in Fraser is 5.2% and the poverty rate is 10.4%. 21.1% of residents hold a bachelor's degree or higher. The average commute time is 23.2 minutes.
Cost of Living in Fraser, MI
Compared to national averages, Fraser has a median household income of $61,118 (19% below the national median of $75,149). Home values average $193,600, which is 21% below the national median. Monthly rent at $827 is 29% below the US average of $1,163. Within Michigan, Fraser's income is 7% below the state average of $66,017, and home values are 6% above the state median of $183,391.
Why Live in Fraser, MI?
Fraser offers affordable housing with a median home value of $193,600, below the US average of $244,900, and rent that’s lower than the national average at $827/month, and a low poverty rate of 10.4%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($61,118) that falls below the national average. However, Fraser’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fraser has a population of 14,604 with a median age of 41.6 years. Compare Fraser with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Fraser
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Owosso | 14,658 | $53,702 | $121,500 | Compare |
| Hazel Park | 14,945 | $62,878 | $141,200 | Compare |
| Berkley | 15,084 | $113,103 | $289,200 | Compare |
| Harper Woods | 15,205 | $61,446 | $143,600 | Compare |
| Northview | 15,225 | $82,853 | $262,200 | Compare |
| Coldwater | 13,847 | $50,084 | $120,900 | Compare |
| Traverse City | 15,491 | $71,731 | $367,600 | Compare |
| Mount Clemens | 15,567 | $57,663 | $169,000 | 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 Fraser
What is the population of Fraser, MI?
The population of Fraser, MI is 14,604 according to the latest Census data.
What is the median household income in Fraser?
The median household income in Fraser, MI is $61,118 per year.
What is the median home value in Fraser?
The median home value in Fraser, MI is $193,600.
What is the average rent in Fraser?
The median monthly rent in Fraser, MI is $827.
What is the unemployment rate in Fraser?
The unemployment rate in Fraser, MI is 5.2%.