Peck, MI
Population 525 · Michigan
About Peck, MI
Peck is a small community located in Michigan with a population of 525 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,204 per year, which is 31% below the national median of $75,149. The median age of 47.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Peck features a median home value of $101,200, which is 59% below the national median of $244,900. This makes Peck one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $833, 28% below the national average of $1,163/month. Of the 250 total housing units, 80% are owner-occupied (189 units) and 20% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Peck shows an unemployment rate of 7.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Peck have an average one-way commute time of 30.3 minutes.
Education & Demographics
6.0% of Peck 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 3.8% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Peck, MI
Compared to national averages, Peck has a median household income of $52,204 (31% below the national median of $75,149). Home values average $101,200, which is 59% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Michigan, Peck's income is 21% below the state average of $66,017, and home values are 45% below the state median of $183,391.
Why Live in Peck, MI?
Peck offers affordable housing with a median home value of $101,200, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a low poverty rate of 11.7%, better than the national average.
Potential considerations include median household income ($52,204) that falls below the national average. However, Peck’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peck has a population of 525 with a median age of 47.3 years. Compare Peck with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Peck
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Boardman | 521 | $80,781 | $182,700 | Compare |
| Kaleva | 520 | $43,333 | $88,500 | Compare |
| Republic | 530 | $41,136 | $60,700 | Compare |
| Galien | 519 | $51,458 | $126,300 | Compare |
| Atlantic Mine | 513 | $47,361 | $90,000 | Compare |
| Interlochen | 538 | $80,625 | $148,600 | Compare |
| Pewamo | 511 | $76,250 | $179,500 | Compare |
| Mecosta | 509 | $70,069 | $92,200 | 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 Peck With Other Cities
Frequently Asked Questions about Peck
What is the population of Peck, MI?
The population of Peck, MI is 525 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 Peck?
The median household income in Peck, MI is $52,204 per year, which is 31% below the national median of $75,149.
What is the median home value in Peck?
The median home value in Peck, MI is $101,200, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Peck?
The median monthly rent in Peck, MI is $833, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Peck?
The unemployment rate in Peck, MI is 7.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Peck, MI a good place to live?
Peck offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 525 and a median age of 47.3, the city appeals to established professionals and retirees.
How educated is Peck, MI?
6.0% of residents in Peck 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 Peck?
Key cost-of-living indicators for Peck, MI: median home value is $101,200 (59% below national), median rent is $833/month, and median household income is $52,204. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Peck?
The poverty rate in Peck, MI is 11.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Peck, MI?
Peck's population is 3.8% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.