Reed City, MI
Population 2,505 · Michigan
About Reed City, MI
Reed City is a small community in Michigan with a population of 2,505 residents. The median household income is $48,646 per year, which is below the national average. The median age in Reed City is 40.8 years.
Housing in Reed City has a median home value of $105,400 and median monthly rent of $587. Of the 1,187 total housing units, the majority are owner-occupied, with 617 owner-occupied and 416 renter-occupied units.
The unemployment rate in Reed City is 7.9% and the poverty rate is 20.8%. 14.7% of residents hold a bachelor's degree or higher. The average commute time is 24.4 minutes.
How Reed City Ranks in Michigan
Cost of Living in Reed City, MI
Compared to national averages, Reed City has a median household income of $48,646 (35% below the national median of $75,149). Home values average $105,400, which is 57% below the national median. Monthly rent at $587 is 50% below the US average of $1,163. Within Michigan, Reed City's income is 26% below the state average of $66,017, and home values are 43% below the state median of $183,391.
Why Live in Reed City, MI?
Reed City offers affordable housing with a median home value of $105,400, below the US average of $244,900, and rent that’s lower than the national average at $587/month, and short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($48,646) that falls below the national average. However, Reed City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Reed City has a population of 2,505 with a median age of 40.8 years. Compare Reed City with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Reed City
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodland Beach | 2,509 | $70,330 | $159,300 | Compare |
| Newaygo | 2,486 | $41,934 | $102,900 | Compare |
| Spring Lake | 2,530 | $75,000 | $271,100 | Compare |
| Shelby | 2,571 | $53,309 | $124,000 | Compare |
| Village of Grosse Pointe Shores | 2,589 | $182,000 | $671,600 | Compare |
| Charlevoix | 2,420 | $52,344 | $294,400 | Compare |
| Chesaning | 2,411 | $57,426 | $123,900 | Compare |
| St. Ignace | 2,409 | $60,735 | $127,800 | 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.
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Frequently Asked Questions about Reed City
What is the population of Reed City, MI?
The population of Reed City, MI is 2,505 according to the latest Census data.
What is the median household income in Reed City?
The median household income in Reed City, MI is $48,646 per year.
What is the median home value in Reed City?
The median home value in Reed City, MI is $105,400.
What is the average rent in Reed City?
The median monthly rent in Reed City, MI is $587.
What is the unemployment rate in Reed City?
The unemployment rate in Reed City, MI is 7.9%.