Owosso, MI
Population 14,658 · Michigan
About Owosso, MI
Owosso is a mid-sized city in Michigan with a population of 14,658 residents. The median household income is $53,702 per year, which is near the national average. The median age in Owosso is 38.1 years.
Housing in Owosso has a median home value of $121,500 and median monthly rent of $831. Of the 7,090 total housing units, the majority are owner-occupied, with 4,119 owner-occupied and 2,102 renter-occupied units.
The unemployment rate in Owosso is 5.3% and the poverty rate is 15.6%. 19.7% of residents hold a bachelor's degree or higher. The average commute time is 23.1 minutes.
Cost of Living in Owosso, MI
Compared to national averages, Owosso has a median household income of $53,702 (29% below the national median of $75,149). Home values average $121,500, which is 50% below the national median. Monthly rent at $831 is 29% below the US average of $1,163. Within Michigan, Owosso's income is 19% below the state average of $66,017, and home values are 34% below the state median of $183,391.
Why Live in Owosso, MI?
Owosso offers affordable housing with a median home value of $121,500, below the US average of $244,900, and rent that’s lower than the national average at $831/month, and short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($53,702) that falls below the national average. However, Owosso’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Owosso has a population of 14,658 with a median age of 38.1 years. Compare Owosso with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Owosso
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fraser | 14,604 | $61,118 | $193,600 | Compare |
| Hazel Park | 14,945 | $62,878 | $141,200 | Compare |
| Berkley | 15,084 | $113,103 | $289,200 | Compare |
| Harper Woods | 15,205 | $61,446 | $143,600 | Compare |
| Northview | 15,225 | $82,853 | $262,200 | Compare |
| Coldwater | 13,847 | $50,084 | $120,900 | Compare |
| Traverse City | 15,491 | $71,731 | $367,600 | Compare |
| Mount Clemens | 15,567 | $57,663 | $169,000 | Compare |
Demographics
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Economy & Education
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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 Owosso
What is the population of Owosso, MI?
The population of Owosso, MI is 14,658 according to the latest Census data.
What is the median household income in Owosso?
The median household income in Owosso, MI is $53,702 per year.
What is the median home value in Owosso?
The median home value in Owosso, MI is $121,500.
What is the average rent in Owosso?
The median monthly rent in Owosso, MI is $831.
What is the unemployment rate in Owosso?
The unemployment rate in Owosso, MI is 5.3%.