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Gaastra city, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 1.1x is exceptionally low

As of 2026, Gaastra city, Michigan has a total population of 324, the 612th largest city in Michigan, with a median household income of $57,500, which is 19% lower than the state average. The poverty rate is 8.2%.

Key Takeaways

Gaastra city Quick Facts

Population 324
Median Household Income $57,500
Median Home Value $61,000
Poverty Rate 8.2%
Unemployment Rate 0.9%
Median Age 38.4 years
Homeownership Rate 96.4%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 18.4%
High School Graduation Rate 97.2%
Diversity Index 38/100
Population 324 612th of 745
Median Income $57,500 average
Poverty Rate 8.2% 34% lower national
Median Home Value $61,000 bottom 10%

How Gaastra city Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 5.8% | National: 5.2%
51.8% Labor Force Participation

Housing Overview

Owner 96.4%
Renter 3.6%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

38out of 100
Low Diversity

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

State average: 44 | National average: 60

Education

Gaastra city Rankings in Michigan

#612 Population of 745
#400 Median Income of 745
#398 Education of 745
#712 Home Value of 745

Other Cities in Iron County

CityPopulationMedian IncomePovertyHome Value
Iron River city 3,009 $48,750 23.2% $75,000
Crystal Falls city 1,734 $59,712 21.8% $79,900
Caspian city 553 $36,750 25.7% $69,400

Cities Similar to Gaastra city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Onekama village323N/A$182,30023.7%1.9%
Akron village312$57,500$75,5005.9%14.0%
Hersey village317$60,000$113,50016.6%7.9%
Montgomery village318$54,000$93,10011.1%28.5%
Gagetown village324$51,719$76,5008.9%13.0%

Population Overview

Gaastra city is a small community located in Michigan, within Iron County. The total population is 324. It ranks as the 612th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Gaastra city is 38.4 years. This is 4% lower than the state median of 40.1 years. With 32.7% of the population under 18, Gaastra city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Gaastra city is $57,500. This is 19% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 8.2%. This is 37% lower than the state poverty rate of 13.1%. The unemployment rate is 0.9%. This is 85% lower than the state rate of 5.8%. The median home value is $61,000. Housing costs are 72% lower than the state median of $217,600. With a home-value-to-income ratio of just 1.1x, Gaastra city is one of the most affordable housing markets in the area. 96.4% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Gaastra city is White (non-Hispanic), making up 77.2% of the population. Black or African American residents account for 5.9%. The Black or African American population (5.9%) is well below the state average of 13.2%.

Education

18.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% 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 97.2%.

Data Sources & Methodology

All demographic data for Gaastra city, 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 Gaastra city, Michigan?

Gaastra city, Michigan has a population of 324 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gaastra city, MI?

The median household income in Gaastra city is $57,500, which is 27% lower the national median of $78,538.

What is the poverty rate in Gaastra city, MI?

The poverty rate in Gaastra city is 8.2%. This means approximately 25 residents live below the federal poverty line.

What is the racial makeup of Gaastra city, Michigan?

Gaastra city's population is 77.2% White, 5.9% Black, 4.6% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Gaastra city, MI?

The median home value in Gaastra city is $61,000. The home-value-to-income ratio is 1.1x.

How educated is Gaastra city, Michigan?

18.4% of adults (25+) in Gaastra city hold a bachelor's degree or higher, and 4.7% hold a graduate or professional degree.