Jasper, MI
Population 358 · Michigan
About Jasper, MI
Jasper is a small community located in Michigan with a population of 358 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,643 per year, which is 27% below the national median of $75,149. The median age of 30.7 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 Jasper features a median home value of $124,100, which is 49% below the national median of $244,900. This makes Jasper one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,333, 15% above the national average of $1,163/month. Of the 143 total housing units, 84% are owner-occupied (112 units) and 16% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Jasper shows an unemployment rate of 16.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Jasper have an average one-way commute time of 27.7 minutes.
Education & Demographics
7.2% of Jasper 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 9.8% White, 0.0% 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 Jasper, MI
Compared to national averages, Jasper has a median household income of $54,643 (27% below the national median of $75,149). Home values average $124,100, which is 49% below the national median. Monthly rent at $1,333 is 15% above the US average of $1,163. Within Michigan, Jasper's income is 17% below the state average of $66,017, and home values are 32% below the state median of $183,391.
Why Live in Jasper, MI?
Jasper offers affordable housing with a median home value of $124,100, below the US average of $244,900.
Potential considerations include median household income ($54,643) that falls below the national average. However, Jasper’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Jasper has a population of 358 with a median age of 30.7 years. Compare Jasper with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Jasper
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fife Lake | 359 | $67,188 | $185,200 | Compare |
| Leonard | 359 | $91,250 | $243,800 | Compare |
| Painesdale | 353 | $62,436 | $84,800 | Compare |
| Zeba | 353 | $42,500 | $97,000 | Compare |
| Horton Bay | 352 | $76,833 | $275,000 | Compare |
| Manistee Lake | 364 | $52,917 | $153,600 | Compare |
| Prescott | 352 | $55,673 | $71,100 | Compare |
| Grand Beach | 368 | $115,000 | $1,081,700 | 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 Jasper With Other Cities
Frequently Asked Questions about Jasper
What is the population of Jasper, MI?
The population of Jasper, MI is 358 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 Jasper?
The median household income in Jasper, MI is $54,643 per year, which is 27% below the national median of $75,149.
What is the median home value in Jasper?
The median home value in Jasper, MI is $124,100, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Jasper?
The median monthly rent in Jasper, MI is $1,333, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Jasper?
The unemployment rate in Jasper, MI is 16.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Jasper, MI a good place to live?
Jasper offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 358 and a median age of 30.7, the city appeals to young professionals and families.
How educated is Jasper, MI?
7.2% of residents in Jasper 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 Jasper?
Key cost-of-living indicators for Jasper, MI: median home value is $124,100 (49% below national), median rent is $1,333/month, and median household income is $54,643. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Jasper?
The poverty rate in Jasper, MI is 13.4%, 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 Jasper, MI?
Jasper's population is 9.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.