Mio, MI
Population 1,504 · Michigan
About Mio, MI
Mio is a small community in Michigan with a population of 1,504 residents. The median household income is $47,578 per year, which is below the national average. The median age in Mio is 38.2 years.
Housing in Mio has a median home value of $96,600 and median monthly rent of $545. Of the 997 total housing units, the majority are owner-occupied, with 502 owner-occupied and 154 renter-occupied units.
The unemployment rate in Mio is 13.0% and the poverty rate is 20.5%. 21.4% of residents hold a bachelor's degree or higher. The average commute time is 31.8 minutes.
How Mio Ranks in Michigan
Cost of Living in Mio, MI
Compared to national averages, Mio has a median household income of $47,578 (37% below the national median of $75,149). Home values average $96,600, which is 61% below the national median. Monthly rent at $545 is 53% below the US average of $1,163. Within Michigan, Mio's income is 28% below the state average of $66,017, and home values are 47% below the state median of $183,391.
Why Live in Mio, MI?
Mio offers affordable housing with a median home value of $96,600, below the US average of $244,900, and rent that’s lower than the national average at $545/month.
Potential considerations include median household income ($47,578) that falls below the national average. However, Mio’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mio has a population of 1,504 with a median age of 38.2 years. Compare Mio with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Mio
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mancelona | 1,496 | $50,430 | $123,900 | Compare |
| Quincy | 1,487 | $59,079 | $111,800 | Compare |
| Lake LeAnn | 1,522 | $85,417 | $258,400 | Compare |
| Laurium | 1,486 | $42,206 | $87,600 | Compare |
| Ravenna | 1,472 | $73,233 | $191,300 | Compare |
| Shorewood-Tower Hills-Harbert | 1,468 | $80,642 | $296,000 | Compare |
| Newberry | 1,453 | $49,758 | $65,800 | Compare |
| Elk Rapids | 1,558 | $78,472 | $348,400 | 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 Mio
What is the population of Mio, MI?
The population of Mio, MI is 1,504 according to the latest Census data.
What is the median household income in Mio?
The median household income in Mio, MI is $47,578 per year.
What is the median home value in Mio?
The median home value in Mio, MI is $96,600.
What is the average rent in Mio?
The median monthly rent in Mio, MI is $545.
What is the unemployment rate in Mio?
The unemployment rate in Mio, MI is 13.0%.