Riverview, MI
Population 12,269 · Michigan
About Riverview, MI
Riverview is a mid-sized city located in Michigan with a population of 12,269 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,783 per year, which is 4% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Riverview features a median home value of $200,500, which is 18% below the national median of $244,900. This positions Riverview in a moderately priced market relative to the rest of the country. Median monthly rent is $1,050, 10% below the national average of $1,163/month. Of the 5,333 total housing units, 63% are owner-occupied (3,129 units) and 37% are renter-occupied (1,799 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Riverview shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Riverview have an average one-way commute time of 25 minutes.
Education & Demographics
25.3% of Riverview residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.6% White, 1.7% Hispanic or Latino, 1.1% Black or African American, and 0.8% Asian residents, with 4.3% of the population being foreign-born.
Cost of Living in Riverview, MI
Compared to national averages, Riverview has a median household income of $71,783 (4% below the national median of $75,149). Home values average $200,500, which is 18% below the national median. Monthly rent at $1,050 is 10% below the US average of $1,163. Within Michigan, Riverview's income is 9% above the state average of $66,017, and home values are 9% above the state median of $183,391.
Why Live in Riverview, MI?
Riverview offers affordable housing with a median home value of $200,500, below the US average of $244,900, and rent that’s lower than the national average at $1,050/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 8.2%, better than the national average.
Potential considerations include median household income ($71,783) that falls below the national average. However, Riverview’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Riverview has a population of 12,269 with a median age of 41.2 years. Compare Riverview with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Riverview
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Escanaba | 12,374 | $40,169 | $116,600 | Compare |
| New Baltimore | 12,060 | $97,027 | $309,800 | Compare |
| Fenton | 11,950 | $83,077 | $211,700 | Compare |
| Melvindale | 12,605 | $41,356 | $113,100 | Compare |
| Niles | 11,838 | $47,815 | $115,400 | Compare |
| South Lyon | 11,825 | $83,822 | $280,900 | Compare |
| Woodhaven | 12,761 | $83,291 | $221,200 | Compare |
| Rochester | 12,939 | $104,920 | $450,800 | 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.
Compare Riverview With Other Cities
Frequently Asked Questions about Riverview
What is the population of Riverview, MI?
The population of Riverview, MI is 12,269 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Michigan.
What is the median household income in Riverview?
The median household income in Riverview, MI is $71,783 per year, which is 4% below the national median of $75,149.
What is the median home value in Riverview?
The median home value in Riverview, MI is $200,500, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Riverview?
The median monthly rent in Riverview, MI is $1,050, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Riverview?
The unemployment rate in Riverview, MI is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Riverview, MI a good place to live?
Riverview offers a moderate cost of living, affordable housing, and a strong job market. With a population of 12,269 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Riverview, MI?
25.3% of residents in Riverview 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 Riverview?
Key cost-of-living indicators for Riverview, MI: median home value is $200,500 (18% below national), median rent is $1,050/month, and median household income is $71,783. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Riverview?
The poverty rate in Riverview, MI is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Riverview, MI?
Riverview's population is 8.6% White, 1.7% Hispanic or Latino, 1.1% Black or African American, 0.8% Asian, and 8.2% two or more races. 4.3% of residents are foreign-born.