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Shepherd, Michigan Demographics & Population 2026

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

During the 2020–2024 ACS period, Shepherd, Michigan had a total population of 1,457, the 375th largest village in Michigan, with a median household income of $70,156, which is 4% lower than the state average. The poverty rate is 17.0%.

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

Key Takeaways

Shepherd Quick Facts

Population 1,457
Median Household Income $70,156
Median Home Value $157,000
Poverty Rate 17.0%
Unemployment Rate 0.9%
Median Age 32.9 years
Homeownership Rate 66.4%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 26.6%
High School Graduation Rate 97.8%
Diversity Index 26/100
Population 1,457 375th of 745
Median Income $70,156 above average
Poverty Rate 17.0% 36% higher than national
Median Home Value $157,000 average

How Shepherd 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
Population1,4381,457+1.3%
Median household income$76,591$70,156-8.4%
Median home value$147,800$157,000+6.2%

How Shepherd Compares

Economy & Housing

Household Income Distribution

Under $25K 12.7%
$25K-$50K 21.8%
$50K-$100K 45.5%
$100K+ 20.0%
Detailed income brackets
Under $10K
0.9%
$10K-$15K
5.2%
$15K-$20K
0.4%
$20K-$25K
6.3%
$25K-$30K
1.6%
$30K-$35K
4.8%
$35K-$40K
5.5%
$40K-$45K
4.8%
$45K-$50K
5.0%
$50K-$60K
9.1%
$60K-$75K
9.8%
$75K-$100K
26.6%
$100K-$125K
7.7%
$125K-$150K
7.1%
$150K-$200K
3.2%
$200K+
2.0%

Employment

0.9% Unemployment Rate State: 5.7%|National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 66.4%
Renter 33.6%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $789/mo 13.5% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 45 | National average: 61

Education

Shepherd Rankings in Michigan

#375 Population of 745
#251 Median Income of 732
#259 Education of 745
#391 Home Value of 730

Other Cities in Isabella County

CityPopulationMedian IncomePovertyHome Value
Mount Pleasant 21,236 $44,706 31.4% $173,100
Lake Isabella 2,085 $77,500 5.8% $184,000
Weidman 1,156 N/A 52.3% N/A
Rosebush 331 $44,750 17.5% $104,500
Beal City 293 $74,875 5.5% $197,700
Winn 226 $136,136 2.6% $209,500
Loomis 200 $71,500 2.0% $87,600

Cities Similar to Shepherd

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Birch Run1,439$70,521$191,00014.9%13.5%
Pinconning1,448$64,565$79,60026.4%12.1%
Three Oaks1,503$66,985$215,70027.6%9.1%
Fowler1,387$74,282$197,40022.9%3.1%
Shorewood-Tower Hills-Harbert1,459$83,204$343,00049.2%5.7%

Population Overview

Shepherd is a small community located in Michigan, within Isabella County. The total population is 1,457. It ranks as the 375th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Shepherd is 32.9 years. This is 18% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Shepherd is $70,156. This is 4% lower than the state median of $72,875. It is also 13% lower than the national median of $80,734. The poverty rate stands at 17.0%. This is 28% higher than the state poverty rate of 13.2%. The unemployment rate is 0.9%. This is 85% lower than the state rate of 5.7%. The median home value is $157,000. Housing costs are 32% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.2x, Shepherd is one of the most affordable housing markets in the area. 66.4% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 73.2%.

Race & Ethnicity

Shepherd has a predominantly White (non-Hispanic) population, comprising 85.9% of all residents. Hispanic or Latino residents account for 3.8%. The Black or African American population (1.8%) is well below the state average of 13.1%. The Asian population (0.5%) is well below the state average of 3.4%.

Education

26.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower 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 97.8%.

Data Sources & Methodology

All demographic data for Shepherd, 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 Shepherd, Michigan?

Shepherd, Michigan has a population of 1,457 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Shepherd, MI?

The median household income in Shepherd is $70,156, which is 13% lower than the national median of $80,734.

What is the poverty rate in Shepherd, MI?

The poverty rate in Shepherd is 17.0%. This means approximately 245 residents live below the federal poverty line.

What is the racial makeup of Shepherd, Michigan?

Shepherd's population is 85.9% White, 1.8% Black, 3.8% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Shepherd, MI?

The median home value in Shepherd is $157,000. The home-value-to-income ratio is 2.2x.

How educated is Shepherd, Michigan?

26.6% of adults (25+) in Shepherd hold a bachelor's degree or higher, and 8.6% hold a graduate or professional degree.