Stanwood, MI
Population 163 · Michigan
About Stanwood, MI
Stanwood is a small community located in Michigan with a population of 163 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,319 per year, which is 32% below the national median of $75,149. The median age of 49.3 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 Stanwood features a median home value of $131,300, which is 46% below the national median of $244,900. This makes Stanwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 86 total housing units, 92% are owner-occupied (69 units) and 8% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Stanwood shows an unemployment rate of 16.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Stanwood have an average one-way commute time of 24.3 minutes.
Education & Demographics
8.7% of Stanwood 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 3.7% White, 13.5% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Stanwood, MI
Compared to national averages, Stanwood has a median household income of $51,319 (32% below the national median of $75,149). Home values average $131,300, which is 46% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Michigan, Stanwood's income is 22% below the state average of $66,017, and home values are 28% below the state median of $183,391.
Why Live in Stanwood, MI?
Stanwood offers affordable housing with a median home value of $131,300, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a low poverty rate of 3.1%, better than the national average. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($51,319) that falls below the national average. However, Stanwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stanwood has a population of 163 with a median age of 49.3 years. Compare Stanwood with other cities to see how it stacks up, or explore all cities in Michigan.
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Demographics
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Stanwood
What is the population of Stanwood, MI?
The population of Stanwood, MI is 163 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Stanwood?
The median household income in Stanwood, MI is $51,319 per year, which is 32% below the national median of $75,149.
What is the median home value in Stanwood?
The median home value in Stanwood, MI is $131,300, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Stanwood?
The median monthly rent in Stanwood, MI is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Stanwood?
The unemployment rate in Stanwood, MI is 16.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Stanwood, MI a good place to live?
Stanwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 163 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Stanwood, MI?
8.7% of residents in Stanwood 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 Stanwood?
Key cost-of-living indicators for Stanwood, MI: median home value is $131,300 (46% below national), median rent is $950/month, and median household income is $51,319. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Stanwood?
The poverty rate in Stanwood, MI is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Stanwood, MI?
Stanwood's population is 3.7% White, 13.5% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 1.8% two or more races. 0.0% of residents are foreign-born.