Ovid, MI
Population 1,331 · Michigan
About Ovid, MI
Ovid is a small town located in Michigan with a population of 1,331 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,094 per year, which is 35% below the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ovid features a median home value of $92,000, which is 62% below the national median of $244,900. This makes Ovid one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $844, 27% below the national average of $1,163/month. Of the 604 total housing units, 64% are owner-occupied (352 units) and 36% are renter-occupied (197 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ovid shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.3%, above the national average of 12.4%. Workers in Ovid have an average one-way commute time of 23.2 minutes.
Education & Demographics
7.8% of Ovid 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 7.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 0.3% of the population being foreign-born.
How Ovid Ranks in Michigan
Cost of Living in Ovid, MI
Compared to national averages, Ovid has a median household income of $49,094 (35% below the national median of $75,149). Home values average $92,000, which is 62% below the national median. Monthly rent at $844 is 27% below the US average of $1,163. Within Michigan, Ovid's income is 26% below the state average of $66,017, and home values are 50% below the state median of $183,391.
Why Live in Ovid, MI?
Ovid offers affordable housing with a median home value of $92,000, below the US average of $244,900, and rent that’s lower than the national average at $844/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($49,094) that falls below the national average. However, Ovid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ovid has a population of 1,331 with a median age of 36.3 years. Compare Ovid with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Ovid
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bellevue | 1,333 | $63,095 | $110,600 | Compare |
| Hemlock | 1,323 | $92,031 | $170,500 | Compare |
| Webberville | 1,339 | $52,879 | $154,900 | Compare |
| Three Oaks | 1,322 | $60,500 | $185,100 | Compare |
| Lakewood Club | 1,315 | $67,277 | $144,900 | Compare |
| Manton | 1,347 | $45,158 | $115,200 | Compare |
| Rapid City | 1,315 | $65,438 | $212,500 | Compare |
| Ortonville | 1,353 | $101,667 | $229,100 | 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 Ovid With Other Cities
Frequently Asked Questions about Ovid
What is the population of Ovid, MI?
The population of Ovid, MI is 1,331 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 Ovid?
The median household income in Ovid, MI is $49,094 per year, which is 35% below the national median of $75,149.
What is the median home value in Ovid?
The median home value in Ovid, MI is $92,000, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ovid?
The median monthly rent in Ovid, MI is $844, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Ovid?
The unemployment rate in Ovid, MI is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ovid, MI a good place to live?
Ovid offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,331 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Ovid, MI?
7.8% of residents in Ovid 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 Ovid?
Key cost-of-living indicators for Ovid, MI: median home value is $92,000 (62% below national), median rent is $844/month, and median household income is $49,094. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ovid?
The poverty rate in Ovid, MI is 19.3%, 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 Ovid, MI?
Ovid's population is 7.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.7% two or more races. 0.3% of residents are foreign-born.