Perry, MI
Population 2,198 · Michigan
About Perry, MI
Perry is a small town located in Michigan with a population of 2,198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,468 per year, which is 2% below the national median of $75,149. The median age of 35.2 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 Perry features a median home value of $144,400, which is 41% below the national median of $244,900. This makes Perry one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $931, 20% below the national average of $1,163/month. Of the 961 total housing units, 64% are owner-occupied (571 units) and 36% are renter-occupied (323 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Perry shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.6%, above the national average of 12.4%. Workers in Perry have an average one-way commute time of 27.3 minutes.
Education & Demographics
19.6% of Perry 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 0.1% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Perry, MI
Compared to national averages, Perry has a median household income of $73,468 (2% below the national median of $75,149). Home values average $144,400, which is 41% below the national median. Monthly rent at $931 is 20% below the US average of $1,163. Within Michigan, Perry's income is 11% above the state average of $66,017, and home values are 21% below the state median of $183,391.
Why Live in Perry, MI?
Perry offers affordable housing with a median home value of $144,400, below the US average of $244,900, and rent that’s lower than the national average at $931/month.
Potential considerations include median household income ($73,468) that falls below the national average. However, Perry’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Perry has a population of 2,198 with a median age of 35.2 years. Compare Perry with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Perry
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Constantine | 2,196 | $71,929 | $110,600 | Compare |
| Cass City | 2,189 | $55,500 | $102,300 | Compare |
| Indian River | 2,210 | $60,750 | $218,000 | Compare |
| Bronson | 2,183 | $46,607 | $93,900 | Compare |
| West Branch | 2,177 | $40,078 | $114,300 | Compare |
| Lake Odessa | 2,174 | $71,157 | $150,300 | Compare |
| Leslie | 2,167 | $67,355 | $124,100 | Compare |
| Clio | 2,165 | $50,678 | $119,100 | 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 Perry With Other Cities
Frequently Asked Questions about Perry
What is the population of Perry, MI?
The population of Perry, MI is 2,198 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 Perry?
The median household income in Perry, MI is $73,468 per year, which is 2% below the national median of $75,149.
What is the median home value in Perry?
The median home value in Perry, MI is $144,400, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Perry?
The median monthly rent in Perry, MI is $931, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Perry?
The unemployment rate in Perry, MI is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Perry, MI a good place to live?
Perry offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,198 and a median age of 35.2, the city appeals to a broad range of residents.
How educated is Perry, MI?
19.6% of residents in Perry 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 Perry?
Key cost-of-living indicators for Perry, MI: median home value is $144,400 (41% below national), median rent is $931/month, and median household income is $73,468. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Perry?
The poverty rate in Perry, MI is 16.6%, 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 Perry, MI?
Perry's population is 0.1% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 0.0% two or more races. 1.9% of residents are foreign-born.