Rockwood, MI
Population 3,189 · Michigan
About Rockwood, MI
Rockwood is a small town located in Michigan with a population of 3,189 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,391 per year, which is 14% above the national median of $75,149. The median age of 42.2 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 Rockwood features a median home value of $180,000, which is 27% below the national median of $244,900. This positions Rockwood in a moderately priced market relative to the rest of the country. Median monthly rent is $968, 17% below the national average of $1,163/month. Of the 1,318 total housing units, 77% are owner-occupied (966 units) and 23% are renter-occupied (285 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rockwood shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rockwood have an average one-way commute time of 28.4 minutes.
Education & Demographics
18.8% of Rockwood 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 8.4% White, 3.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Rockwood, MI
Compared to national averages, Rockwood has a median household income of $85,391 (14% above the national median of $75,149). Home values average $180,000, which is 27% below the national median. Monthly rent at $968 is 17% below the US average of $1,163. Within Michigan, Rockwood's income is 29% above the state average of $66,017, and home values are 2% below the state median of $183,391.
Why Live in Rockwood, MI?
Rockwood offers a strong local economy with a median household income of $85,391, well above the national average, and affordable housing with a median home value of $180,000, below the US average of $244,900, and rent that’s lower than the national average at $968/month. Additionally, the city features a low poverty rate of 10.2%, better than the national average.
Rockwood has a population of 3,189 with a median age of 42.2 years. Compare Rockwood with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Rockwood
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blissfield | 3,236 | $62,386 | $164,600 | Compare |
| Mount Morris | 3,130 | $42,886 | $79,500 | Compare |
| Paw Paw | 3,277 | $38,989 | $133,600 | Compare |
| Gladwin | 3,081 | $43,638 | $111,700 | Compare |
| Harvey | 3,080 | $75,188 | $235,600 | Compare |
| Potterville | 3,065 | $62,054 | $125,400 | Compare |
| Corunna | 3,054 | $47,420 | $142,000 | Compare |
| Clare | 3,341 | $43,105 | $124,800 | 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 Rockwood With Other Cities
Frequently Asked Questions about Rockwood
What is the population of Rockwood, MI?
The population of Rockwood, MI is 3,189 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 Rockwood?
The median household income in Rockwood, MI is $85,391 per year, which is 14% above the national median of $75,149.
What is the median home value in Rockwood?
The median home value in Rockwood, MI is $180,000, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rockwood?
The median monthly rent in Rockwood, MI is $968, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Rockwood?
The unemployment rate in Rockwood, MI is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rockwood, MI a good place to live?
Rockwood offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 3,189 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Rockwood, MI?
18.8% of residents in Rockwood 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 Rockwood?
Key cost-of-living indicators for Rockwood, MI: median home value is $180,000 (27% below national), median rent is $968/month, and median household income is $85,391. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rockwood?
The poverty rate in Rockwood, MI is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rockwood, MI?
Rockwood's population is 8.4% White, 3.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.5% of residents are foreign-born.