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Hardwood Acres, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Hardwood Acres, Michigan had a total population of 611, the 517th largest community in Michigan, with a median household income of $109,196, which is 50% higher than the state average. The poverty rate is 3.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hardwood Acres Quick Facts

Population 611
Median Household Income $109,196
Median Home Value $276,700
Poverty Rate 3.4%
Unemployment Rate 0.0%
Median Age 39.4 years
Homeownership Rate 79.7%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 46.2%
High School Graduation Rate 88.7%
Diversity Index 0/100
Population 611 517th of 745
Median Income $109,196 top 10%
Poverty Rate 3.4% 72% lower than national
Median Home Value $276,700 top 20%

How Hardwood Acres Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population735611-16.9%
Median household income$107,128$109,196+1.9%
Median home value$240,500$276,700+15.1%

How Hardwood Acres Compares

Economy & Housing

Household Income Distribution

Under $25K 10.1%
$25K-$50K 4.8%
$50K-$100K 15.9%
$100K+ 69.1%
Detailed income brackets
Under $10K
10.1%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
4.8%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
0.0%
$75K-$100K
15.9%
$100K-$125K
38.2%
$125K-$150K
15.9%
$150K-$200K
9.7%
$200K+
5.3%

Employment

0.0% Unemployment Rate State: 5.7%|National: 5.2%
58.3% Labor Force Participation

Housing Overview

Owner 79.7%
Renter 20.3%
Affordability Index Very Affordable
2.5x 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: 45 | National average: 61

Education

Hardwood Acres Rankings in Michigan

#517 Population of 745
#56 Median Income of 732
#103 Education of 745
#120 Home Value of 730

Other Cities in Benzie County

CityPopulationMedian IncomePovertyHome Value
Frankfort 1,225 $54,327 12.3% $350,000
Benzonia 718 $61,875 14.1% $209,100
Thompsonville 490 $66,250 18.3% $115,800
Bendon 315 $69,750 15.0% $196,200
Lake Ann 273 $70,625 3.7% $338,900
Beulah 218 $71,000 13.9% $485,700
Elberta 174 $114,375 0.0% $267,600
Honor 172 $45,341 9.9% $223,800
Crystal Mountain 166 $120,938 2.4% $547,400
Nessen City 149 $62,222 31.5% $160,400

Cities Similar to Hardwood Acres

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dansville599$119,107$206,00019.7%7.0%
Trufant572$93,750$123,6008.6%4.2%
Mackinac Island561$95,000$733,30041.0%13.1%
Suttons Bay555$125,357$523,20065.2%9.2%
Cannonsburg510N/AN/A58.4%0.0%

A note before these figures: with a population of 611, Hardwood Acres's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Hardwood Acres is a small community located in Michigan, within Benzie County. The total population is 611. It ranks as the 517th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Hardwood Acres is 39.4 years. This is 2% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Hardwood Acres is $109,196. This is 50% higher than the state median of $72,875. It is also 35% higher than the national median of $80,734. The poverty rate stands at 3.4%. This is 74% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Hardwood Acres, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $276,700. Housing costs are 19% higher than the state median of $231,600. With a home-value-to-income ratio of just 2.5x, Hardwood Acres is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 73.2%.

Race & Ethnicity

Every resident counted in Hardwood Acres was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

46.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% higher than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Hardwood Acres, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hardwood Acres, Michigan?

Hardwood Acres, Michigan has a population of 611 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Hardwood Acres is $109,196, which is 35% higher than the national median of $80,734.

What is the poverty rate in Hardwood Acres, MI?

The poverty rate in Hardwood Acres is 3.4%. This means approximately 21 residents live below the federal poverty line.

What is the racial makeup of Hardwood Acres, Michigan?

Hardwood Acres'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, MI?

The median home value in Hardwood Acres is $276,700. The home-value-to-income ratio is 2.5x.

How educated is Hardwood Acres, Michigan?

46.2% of adults (25+) in Hardwood Acres hold a bachelor's degree or higher, and 7.1% hold a graduate or professional degree.