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Stephenson city, Michigan Demographics & Population 2026

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

As of 2026, Stephenson city, Michigan has a total population of 931, the 452nd largest city in Michigan, with a median household income of $43,529, which is 39% lower than the state average. The poverty rate is 21.9%.

Key Takeaways

Stephenson city Quick Facts

Population 931
Median Household Income $43,529
Median Home Value $97,700
Poverty Rate 21.9%
Unemployment Rate 2.6%
Median Age 41.5 years
Homeownership Rate 71.8%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 16.0%
High School Graduation Rate 92.8%
Diversity Index 20/100
Population 931 452nd of 745
Median Income $43,529 bottom 20%
Poverty Rate 21.9% 76% higher national
Median Home Value $97,700 bottom 20%

How Stephenson city Compares

Economy & Housing

Employment

2.6% Unemployment Rate State: 5.8% | National: 5.2%
52.7% Labor Force Participation

Housing Overview

Owner 71.8%
Renter 28.2%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

20out 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

Stephenson city Rankings in Michigan

#452 Population of 745
#624 Median Income of 745
#461 Education of 745
#599 Home Value of 745

Other Cities in Menominee County

CityPopulationMedian IncomePovertyHome Value
Menominee city 8,370 $49,646 16.3% $97,800

Cities Similar to Stephenson city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lewiston CDP980$41,266$159,10018.8%18.3%
Hesperia village1,007$44,271$121,3007.2%18.1%
Attica CDP863$41,981$184,90012.2%9.7%
Hubbell CDP970$49,545$77,10017.9%5.2%
Bellaire village929$53,750$182,80037.6%10.7%

Population Overview

Stephenson city is a small community located in Michigan, within Menominee County. The total population is 931. It ranks as the 452nd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Stephenson city is 41.5 years. This is 3% higher than the state median of 40.1 years. 12.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Stephenson city is $43,529. This is 39% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 45% lower. The poverty rate stands at 21.9%. This is 68% higher than the state poverty rate of 13.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.6%. This is 56% lower than the state rate of 5.8%. The median home value is $97,700. Housing costs are 55% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.2x, Stephenson city is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.9%.

Race & Ethnicity

Stephenson city has a predominantly White (non-Hispanic) population, comprising 88.7% of all residents. Hispanic or Latino residents account for 2.4%. The Hispanic or Latino population (2.4%) is well below the state average of 5.7%. The Asian population (1.4%) is well below the state average of 3.3%.

Education

16.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% 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 92.8%.

Data Sources & Methodology

All demographic data for Stephenson 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 Stephenson city, Michigan?

Stephenson city, Michigan has a population of 931 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Stephenson city is $43,529, which is 45% lower the national median of $78,538.

What is the poverty rate in Stephenson city, MI?

The poverty rate in Stephenson city is 21.9%. This means approximately 192 residents live below the federal poverty line.

What is the racial makeup of Stephenson city, Michigan?

Stephenson city's population is 88.7% White, 0.0% Black, 2.4% Hispanic/Latino, and 1.4% Asian.

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

The median home value in Stephenson city is $97,700. The home-value-to-income ratio is 2.2x.

How educated is Stephenson city, Michigan?

16.0% of adults (25+) in Stephenson city hold a bachelor's degree or higher, and 1.0% hold a graduate or professional degree.