Vanderbilt, MI
Population 398 · Michigan
About Vanderbilt, MI
Vanderbilt is a small community in Michigan with a population of 398 residents. The median household income is $56,188 per year, which is near the national average. The median age in Vanderbilt is 39.6 years.
Housing in Vanderbilt has a median home value of $106,500 and median monthly rent of $921. Of the 211 total housing units, the majority are owner-occupied, with 130 owner-occupied and 65 renter-occupied units.
The unemployment rate in Vanderbilt is 1.9% and the poverty rate is 10.1%. 3.1% of residents hold a bachelor's degree or higher. The average commute time is 16.7 minutes.
Cost of Living in Vanderbilt, MI
Compared to national averages, Vanderbilt has a median household income of $56,188 (25% below the national median of $75,149). Home values average $106,500, which is 57% below the national median. Monthly rent at $921 is 21% below the US average of $1,163. Within Michigan, Vanderbilt's income is 15% below the state average of $66,017, and home values are 42% below the state median of $183,391.
Why Live in Vanderbilt, MI?
Vanderbilt offers affordable housing with a median home value of $106,500, below the US average of $244,900, and rent that’s lower than the national average at $921/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 10.1%, better than the national average, and short commute times averaging just 16.7 minutes.
Potential considerations include median household income ($56,188) that falls below the national average. However, Vanderbilt’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Vanderbilt has a population of 398 with a median age of 39.6 years. Compare Vanderbilt with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Vanderbilt
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kingston | 398 | $46,964 | $88,800 | Compare |
| Lennon | 397 | $76,563 | $145,800 | Compare |
| Casnovia | 394 | $73,750 | $151,400 | Compare |
| Clarksville | 403 | $69,375 | $169,800 | Compare |
| Leland | 393 | $114,250 | $635,600 | Compare |
| White Pine | 404 | $39,792 | $59,700 | Compare |
| Barryton | 405 | $47,857 | $77,900 | Compare |
| Brethren | 405 | $42,434 | $104,500 | 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 Vanderbilt
What is the population of Vanderbilt, MI?
The population of Vanderbilt, MI is 398 according to the latest Census data.
What is the median household income in Vanderbilt?
The median household income in Vanderbilt, MI is $56,188 per year.
What is the median home value in Vanderbilt?
The median home value in Vanderbilt, MI is $106,500.
What is the average rent in Vanderbilt?
The median monthly rent in Vanderbilt, MI is $921.
What is the unemployment rate in Vanderbilt?
The unemployment rate in Vanderbilt, MI is 1.9%.