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Hardwood Acres CDP, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Hardwood Acres CDP, Michigan has a total population of 735, the 486th largest city in Michigan, with a median household income of $107,128, which is 51% higher than the state average. The poverty rate is 2.7%.

Key Takeaways

Hardwood Acres CDP Quick Facts

Population 735
Median Household Income $107,128
Median Home Value $240,500
Poverty Rate 2.7%
Unemployment Rate 0.0%
Median Age 36.2 years
Homeownership Rate 82.0%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 34.1%
High School Graduation Rate 91.2%
Diversity Index 0/100
Population 735 486th of 745
Median Income $107,128 top 10%
Poverty Rate 2.7% 78% lower national
Median Home Value $240,500 top 20%

How Hardwood Acres CDP Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 5.8% | National: 5.2%
56.0% Labor Force Participation

Housing Overview

Owner 82.0%
Renter 18.1%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

0out 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

Hardwood Acres CDP Rankings in Michigan

#486 Population of 745
#48 Median Income of 745
#173 Education of 745
#147 Home Value of 745

Cities Similar to Hardwood Acres CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hartland CDP722$108,750$310,80039.2%0.0%
Pittsford CDP711N/A$111,70017.0%26.7%
Presque Isle Harbor CDP722$101,250$252,70043.1%4.2%
Saugatuck city751$118,309$619,40075.5%11.6%
Mackinac Island city663$100,125$834,60038.1%17.3%

Population Overview

Hardwood Acres CDP is a small community located in Michigan. The total population is 735. It ranks as the 486th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Hardwood Acres CDP is 36.2 years. This is 10% lower than the state median of 40.1 years. With 35.8% of the population under 18, Hardwood Acres CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Hardwood Acres CDP is $107,128. This is 51% higher than the state median of $71,149. Compared to the national median of $78,538, household income here is 36% higher. The poverty rate stands at 2.7%. This is 79% lower than the state poverty rate of 13.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.8%. The median home value is $240,500. Housing costs are 11% higher than the state median of $217,600. With a home-value-to-income ratio of just 2.2x, Hardwood Acres CDP is one of the most affordable housing markets in the area. 82.0% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.9%.

Race & Ethnicity

Hardwood Acres CDP has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.

Education

34.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% higher 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 91.2%.

Data Sources & Methodology

All demographic data for Hardwood Acres CDP, 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 Hardwood Acres CDP, Michigan?

Hardwood Acres CDP, Michigan has a population of 735 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hardwood Acres CDP, MI?

The median household income in Hardwood Acres CDP is $107,128, which is 36% higher the national median of $78,538.

What is the poverty rate in Hardwood Acres CDP, MI?

The poverty rate in Hardwood Acres CDP is 2.7%. This means approximately 20 residents live below the federal poverty line.

What is the racial makeup of Hardwood Acres CDP, Michigan?

Hardwood Acres CDP's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hardwood Acres CDP, MI?

The median home value in Hardwood Acres CDP is $240,500. The home-value-to-income ratio is 2.2x.

How educated is Hardwood Acres CDP, Michigan?

34.1% of adults (25+) in Hardwood Acres CDP hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.