Shaftsburg, MI
Population 498 · Michigan
About Shaftsburg, MI
Shaftsburg is a small community in Michigan with a population of 498 residents. The median household income is $90,054 per year, which is above the national average. The median age in Shaftsburg is 54 years.
Housing in Shaftsburg has a median home value of $235,900 and median monthly rent of $0. Of the 296 total housing units, the majority are owner-occupied, with 204 owner-occupied and 13 renter-occupied units.
The unemployment rate in Shaftsburg is 3.6% and the poverty rate is 4.0%. 14.1% of residents hold a bachelor's degree or higher. The average commute time is 21.7 minutes.
Cost of Living in Shaftsburg, MI
Compared to national averages, Shaftsburg has a median household income of $90,054 (20% above the national median of $75,149). Home values average $235,900, which is 4% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Shaftsburg's income is 36% above the state average of $66,017, and home values are 29% above the state median of $183,391.
Why Live in Shaftsburg, MI?
Shaftsburg offers a strong local economy with a median household income of $90,054, well above the national average, and affordable housing with a median home value of $235,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 3.6%, and a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 21.7 minutes.
Shaftsburg has a population of 498 with a median age of 54 years. Compare Shaftsburg with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Shaftsburg
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairgrove | 492 | $37,500 | $75,600 | Compare |
| Oden | 492 | $61,132 | $123,000 | Compare |
| Millers Lake | 505 | $68,068 | $216,000 | Compare |
| Eau Claire | 507 | $62,500 | $130,000 | Compare |
| Thompsonville | 508 | $62,083 | $100,700 | Compare |
| Gaines | 487 | $57,500 | $131,900 | Compare |
| Mecosta | 509 | $70,069 | $92,200 | Compare |
| Pewamo | 511 | $76,250 | $179,500 | Compare |
Demographics
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Economy & Education
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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 Shaftsburg
What is the population of Shaftsburg, MI?
The population of Shaftsburg, MI is 498 according to the latest Census data.
What is the median household income in Shaftsburg?
The median household income in Shaftsburg, MI is $90,054 per year.
What is the median home value in Shaftsburg?
The median home value in Shaftsburg, MI is $235,900.
What is the average rent in Shaftsburg?
The median monthly rent in Shaftsburg, MI is $0.
What is the unemployment rate in Shaftsburg?
The unemployment rate in Shaftsburg, MI is 3.6%.