Schoolcraft, MI
Population 1,268 · Michigan
About Schoolcraft, MI
Schoolcraft is a small community in Michigan with a population of 1,268 residents. The median household income is $82,813 per year, which is above the national average. The median age in Schoolcraft is 36.3 years.
Housing in Schoolcraft has a median home value of $208,300 and median monthly rent of $863. Of the 530 total housing units, the majority are owner-occupied, with 371 owner-occupied and 125 renter-occupied units.
The unemployment rate in Schoolcraft is 1.4% and the poverty rate is 7.3%. 28.1% of residents hold a bachelor's degree or higher. The average commute time is 21.1 minutes.
How Schoolcraft Ranks in Michigan
Cost of Living in Schoolcraft, MI
Compared to national averages, Schoolcraft has a median household income of $82,813 (10% above the national median of $75,149). Home values average $208,300, which is 15% below the national median. Monthly rent at $863 is 26% below the US average of $1,163. Within Michigan, Schoolcraft's income is 25% above the state average of $66,017, and home values are 14% above the state median of $183,391.
Why Live in Schoolcraft, MI?
Schoolcraft offers a strong local economy with a median household income of $82,813, well above the national average, and affordable housing with a median home value of $208,300, below the US average of $244,900, and rent that’s lower than the national average at $863/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 7.3%, better than the national average, and short commute times averaging just 21.1 minutes.
Schoolcraft has a population of 1,268 with a median age of 36.3 years. Compare Schoolcraft with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Schoolcraft
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gwinn | 1,268 | $52,609 | $94,000 | Compare |
| Fruitport | 1,269 | $80,769 | $193,200 | Compare |
| Ontonagon | 1,266 | $46,806 | $92,100 | Compare |
| Petersburg | 1,261 | $76,071 | $197,100 | Compare |
| Onsted | 1,283 | $65,349 | $166,500 | Compare |
| Prudenville | 1,286 | $35,833 | $167,300 | Compare |
| Edwardsburg | 1,244 | $53,661 | $115,400 | Compare |
| Stanton | 1,292 | $45,714 | $89,000 | 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 Schoolcraft
What is the population of Schoolcraft, MI?
The population of Schoolcraft, MI is 1,268 according to the latest Census data.
What is the median household income in Schoolcraft?
The median household income in Schoolcraft, MI is $82,813 per year.
What is the median home value in Schoolcraft?
The median home value in Schoolcraft, MI is $208,300.
What is the average rent in Schoolcraft?
The median monthly rent in Schoolcraft, MI is $863.
What is the unemployment rate in Schoolcraft?
The unemployment rate in Schoolcraft, MI is 1.4%.