Powers, MI
Population 370 · Michigan
About Powers, MI
Powers is a small community located in Michigan with a population of 370 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,417 per year, which is 53% below the national median of $75,149. The median age of 64.1 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 Powers features a median home value of $92,900, which is 62% below the national median of $244,900. This makes Powers one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $439, 62% below the national average of $1,163/month. Of the 130 total housing units, 55% are owner-occupied (66 units) and 45% are renter-occupied (53 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Powers shows an unemployment rate of 9.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.5%, above the national average of 12.4%. Workers in Powers have an average one-way commute time of 24 minutes.
Education & Demographics
9.8% of Powers 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 3.0% White, 5.4% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Powers Ranks in Michigan
Cost of Living in Powers, MI
Compared to national averages, Powers has a median household income of $35,417 (53% below the national median of $75,149). Home values average $92,900, which is 62% below the national median. Monthly rent at $439 is 62% below the US average of $1,163. Within Michigan, Powers's income is 46% below the state average of $66,017, and home values are 49% below the state median of $183,391.
Why Live in Powers, MI?
Powers offers affordable housing with a median home value of $92,900, below the US average of $244,900, and rent that’s lower than the national average at $439/month, and short commute times averaging just 24 minutes.
Potential considerations include median household income ($35,417) that falls below the national average. However, Powers’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Powers has a population of 370 with a median age of 64.1 years. Compare Powers with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Powers
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eastport | 369 | $54,457 | $506,900 | Compare |
| Vandalia | 369 | $65,000 | $64,200 | Compare |
| Advance | 372 | $93,438 | $549,600 | Compare |
| Grand Beach | 368 | $115,000 | $1,081,700 | Compare |
| Luther | 375 | $58,125 | $107,100 | Compare |
| Manistee Lake | 364 | $52,917 | $153,600 | Compare |
| Rothbury | 377 | $46,250 | $114,500 | Compare |
| Brimley | 379 | $72,885 | $166,500 | 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 Powers With Other Cities
Frequently Asked Questions about Powers
What is the population of Powers, MI?
The population of Powers, MI is 370 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 Powers?
The median household income in Powers, MI is $35,417 per year, which is 53% below the national median of $75,149.
What is the median home value in Powers?
The median home value in Powers, MI is $92,900, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Powers?
The median monthly rent in Powers, MI is $439, which is 62% below the national average of $1,163/month.
What is the unemployment rate in Powers?
The unemployment rate in Powers, MI is 9.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Powers, MI a good place to live?
Powers offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 370 and a median age of 64.1, the city appeals to established professionals and retirees.
How educated is Powers, MI?
9.8% of residents in Powers 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 Powers?
Key cost-of-living indicators for Powers, MI: median home value is $92,900 (62% below national), median rent is $439/month, and median household income is $35,417. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Powers?
The poverty rate in Powers, MI is 18.5%, 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 Powers, MI?
Powers's population is 3.0% White, 5.4% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.