Pleasant Ridge, MI
Population 2,607 · Michigan
About Pleasant Ridge, MI
Pleasant Ridge is a small town located in Michigan with a population of 2,607 residents according to the latest US Census Bureau American Community Survey data. The median household income is $161,058 per year, which is 114% above the national median of $75,149. The median age of 45.5 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 Pleasant Ridge features a median home value of $435,500, which is 78% above the national median of $244,900. This places Pleasant Ridge in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,795, 54% above the national average of $1,163/month. Of the 1,201 total housing units, 95% are owner-occupied (1,119 units) and 5% are renter-occupied (54 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pleasant Ridge shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pleasant Ridge have an average one-way commute time of 25.4 minutes.
Education & Demographics
79.9% of Pleasant Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.0% White, 0.9% Hispanic or Latino, 0.2% Black or African American, and 0.2% Asian residents, with 6.7% of the population being foreign-born.
How Pleasant Ridge Ranks in Michigan
Cost of Living in Pleasant Ridge, MI
Compared to national averages, Pleasant Ridge has a median household income of $161,058 (114% above the national median of $75,149). Home values average $435,500, which is 78% above the national median. Monthly rent at $1,795 is 54% above the US average of $1,163. Within Michigan, Pleasant Ridge's income is 144% above the state average of $66,017, and home values are 137% above the state median of $183,391.
Why Live in Pleasant Ridge, MI?
Pleasant Ridge offers a strong local economy with a median household income of $161,058, well above the national average, and a well-educated community where 79.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $435,500. However, Pleasant Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pleasant Ridge has a population of 2,607 with a median age of 45.5 years. Compare Pleasant Ridge with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Pleasant Ridge
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Franklin | 2,610 | $176,571 | $696,700 | Compare |
| Mattawan | 2,615 | $82,026 | $177,500 | Compare |
| Village of Grosse Pointe Shores | 2,589 | $182,000 | $671,600 | Compare |
| Montague | 2,630 | $69,375 | $184,700 | Compare |
| Carleton | 2,635 | $63,826 | $177,800 | Compare |
| Shelby | 2,571 | $53,309 | $124,000 | Compare |
| Croswell | 2,667 | $55,101 | $136,500 | Compare |
| Spring Lake | 2,530 | $75,000 | $271,100 | 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 Pleasant Ridge With Other Cities
Frequently Asked Questions about Pleasant Ridge
What is the population of Pleasant Ridge, MI?
The population of Pleasant Ridge, MI is 2,607 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 Pleasant Ridge?
The median household income in Pleasant Ridge, MI is $161,058 per year, which is 114% above the national median of $75,149.
What is the median home value in Pleasant Ridge?
The median home value in Pleasant Ridge, MI is $435,500, which is 78% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pleasant Ridge?
The median monthly rent in Pleasant Ridge, MI is $1,795, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Pleasant Ridge?
The unemployment rate in Pleasant Ridge, MI is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pleasant Ridge, MI a good place to live?
Pleasant Ridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,607 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Pleasant Ridge, MI?
79.9% of residents in Pleasant Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Pleasant Ridge?
Key cost-of-living indicators for Pleasant Ridge, MI: median home value is $435,500 (78% above national), median rent is $1,795/month, and median household income is $161,058. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pleasant Ridge?
The poverty rate in Pleasant Ridge, MI is 2.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pleasant Ridge, MI?
Pleasant Ridge's population is 3.0% White, 0.9% Hispanic or Latino, 0.2% Black or African American, 0.2% Asian, and 1.1% two or more races. 6.7% of residents are foreign-born.