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Fairgrove village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Fairgrove village, Michigan has a total population of 492, the 550th largest city in Michigan, with a median household income of $37,500, which is 47% lower than the state average. The poverty rate is 17.8%.

Key Takeaways

Fairgrove village Quick Facts

Population 492
Median Household Income $37,500
Median Home Value $75,600
Poverty Rate 17.8%
Unemployment Rate 4.2%
Median Age 42.3 years
Homeownership Rate 88.2%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 7.2%
High School Graduation Rate 88.1%
Diversity Index 13/100
Population 492 550th of 745
Median Income $37,500 bottom 10%
Poverty Rate 17.8% 43% higher national
Median Home Value $75,600 bottom 10%

How Fairgrove village Compares

Economy & Housing

Employment

4.2% Unemployment Rate State: 5.8% | National: 5.2%
48.2% Labor Force Participation

Housing Overview

Owner 88.2%
Renter 11.8%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Fairgrove village Rankings in Michigan

#550 Population of 745
#691 Median Income of 745
#687 Education of 745
#687 Home Value of 745

Cities Similar to Fairgrove village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Harrisville city484$36,089$108,70025.8%23.8%
Sand Lake village480$32,083$152,8008.7%11.9%
Republic CDP530$41,136$60,7009.3%22.4%
Caspian city553$36,750$69,40015.7%25.7%
Kaleva village520$43,333$88,50016.2%35.4%

Population Overview

Fairgrove village is a small community located in Michigan. The total population is 492. It ranks as the 550th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Fairgrove village is 42.3 years. This is 5% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Fairgrove village is $37,500. This is 47% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 52% lower. The poverty rate stands at 17.8%. This is 36% higher than the state poverty rate of 13.1%. The unemployment rate is 4.2%. This is 28% lower than the state rate of 5.8%. The median home value is $75,600. Housing costs are 65% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.0x, Fairgrove village is one of the most affordable housing markets in the area. 88.2% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 72.9%.

Race & Ethnicity

Fairgrove village has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents. Hispanic or Latino residents account for 5.5%. The Black or African American population (0.8%) is well below the state average of 13.2%.

Education

7.2% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 77% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.1%.

Data Sources & Methodology

All demographic data for Fairgrove village, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Fairgrove village, Michigan?

Fairgrove village, Michigan has a population of 492 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairgrove village, MI?

The median household income in Fairgrove village is $37,500, which is 52% lower the national median of $78,538.

What is the poverty rate in Fairgrove village, MI?

The poverty rate in Fairgrove village is 17.8%. This means approximately 87 residents live below the federal poverty line.

What is the racial makeup of Fairgrove village, Michigan?

Fairgrove village's population is 93.3% White, 0.8% Black, 5.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fairgrove village, MI?

The median home value in Fairgrove village is $75,600. The home-value-to-income ratio is 2.0x.

How educated is Fairgrove village, Michigan?

7.2% of adults (25+) in Fairgrove village hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.