Gladstone, MI
Population 5,240 · Michigan
About Gladstone, MI
Gladstone is a small town located in Michigan with a population of 5,240 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,534 per year, which is 23% below 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 Gladstone features a median home value of $111,700, which is 54% below the national median of $244,900. This makes Gladstone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $793, 32% below the national average of $1,163/month. Of the 2,310 total housing units, 74% are owner-occupied (1,552 units) and 26% are renter-occupied (545 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gladstone shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Gladstone have an average one-way commute time of 17.6 minutes, one of the shorter commutes in the region.
Education & Demographics
20.7% of Gladstone residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.2% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Gladstone, MI
Compared to national averages, Gladstone has a median household income of $57,534 (23% below the national median of $75,149). Home values average $111,700, which is 54% below the national median. Monthly rent at $793 is 32% below the US average of $1,163. Within Michigan, Gladstone's income is 13% below the state average of $66,017, and home values are 39% below the state median of $183,391.
Why Live in Gladstone, MI?
Gladstone offers affordable housing with a median home value of $111,700, below the US average of $244,900, and rent that’s lower than the national average at $793/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features short commute times averaging just 17.6 minutes.
Potential considerations include median household income ($57,534) that falls below the national average. However, Gladstone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gladstone has a population of 5,240 with a median age of 41.5 years. Compare Gladstone with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Gladstone
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eaton Rapids | 5,197 | $63,618 | $140,600 | Compare |
| Comstock Northwest | 5,190 | $73,290 | $233,100 | Compare |
| Springfield | 5,295 | $43,681 | $105,300 | Compare |
| Utica | 5,184 | $55,524 | $216,800 | Compare |
| Allegan | 5,182 | $42,261 | $161,100 | Compare |
| Kingsford | 5,138 | $61,108 | $110,600 | Compare |
| Frankenmuth | 5,108 | $84,583 | $277,600 | Compare |
| Davison | 5,082 | $50,450 | $166,100 | 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 Gladstone With Other Cities
Frequently Asked Questions about Gladstone
What is the population of Gladstone, MI?
The population of Gladstone, MI is 5,240 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 Gladstone?
The median household income in Gladstone, MI is $57,534 per year, which is 23% below the national median of $75,149.
What is the median home value in Gladstone?
The median home value in Gladstone, MI is $111,700, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gladstone?
The median monthly rent in Gladstone, MI is $793, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Gladstone?
The unemployment rate in Gladstone, MI is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gladstone, MI a good place to live?
Gladstone offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,240 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Gladstone, MI?
20.7% of residents in Gladstone 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 Gladstone?
Key cost-of-living indicators for Gladstone, MI: median home value is $111,700 (54% below national), median rent is $793/month, and median household income is $57,534. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gladstone?
The poverty rate in Gladstone, MI is 14.2%, 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 Gladstone, MI?
Gladstone's population is 0.0% White, 2.2% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.4% of residents are foreign-born.