Ida, MI
Population 661 · Michigan
About Ida, MI
Ida is a small community located in Michigan with a population of 661 residents according to the latest US Census Bureau American Community Survey data. The median household income is $122,885 per year, which is 64% above the national median of $75,149. The median age of 34 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ida features a median home value of $209,700, which is 14% below the national median of $244,900. This positions Ida in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 244 total housing units, 91% are owner-occupied (223 units) and 9% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ida shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ida have an average one-way commute time of 31.6 minutes.
Education & Demographics
19.5% of Ida 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, 0.2% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 2.4% of the population being foreign-born.
How Ida Ranks in Michigan
Cost of Living in Ida, MI
Compared to national averages, Ida has a median household income of $122,885 (64% above the national median of $75,149). Home values average $209,700, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Ida's income is 86% above the state average of $66,017, and home values are 14% above the state median of $183,391.
Why Live in Ida, MI?
Ida offers a strong local economy with a median household income of $122,885, well above the national average, and affordable housing with a median home value of $209,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 8.5%, better than the national average.
Ida has a population of 661 with a median age of 34 years. Compare Ida with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Ida
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mackinac Island | 663 | $100,125 | $834,600 | Compare |
| Byron | 654 | $64,135 | $177,500 | Compare |
| Maybee | 654 | $53,333 | $248,500 | Compare |
| Sunfield | 654 | $66,406 | $134,200 | Compare |
| Lake City | 669 | $59,750 | $157,500 | Compare |
| Parma | 653 | $71,413 | $121,300 | Compare |
| Marion | 674 | $41,944 | $96,800 | Compare |
| Caseville | 675 | $54,306 | $158,200 | 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 Ida With Other Cities
Frequently Asked Questions about Ida
What is the population of Ida, MI?
The population of Ida, MI is 661 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Ida?
The median household income in Ida, MI is $122,885 per year, which is 64% above the national median of $75,149.
What is the median home value in Ida?
The median home value in Ida, MI is $209,700, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ida?
The median monthly rent in Ida, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ida?
The unemployment rate in Ida, MI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ida, MI a good place to live?
Ida offers above-average incomes, affordable housing, and a strong job market. With a population of 661 and a median age of 34, the city appeals to young professionals and families.
How educated is Ida, MI?
19.5% of residents in Ida 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 Ida?
Key cost-of-living indicators for Ida, MI: median home value is $209,700 (14% below national), median rent is $0/month, and median household income is $122,885. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ida?
The poverty rate in Ida, MI is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ida, MI?
Ida's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.