Stephenson, Michigan Demographics & Population 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

During the 2020–2024 ACS period, Stephenson, Michigan had a total population of 902, the 457th largest city in Michigan, with a median household income of $44,600, which is 39% lower than the state average. The poverty rate is 15.5%.

Key Takeaways

Household income is 39% below the state average, indicating significant economic challenges.
Housing is very affordable with a home-value-to-income ratio of just 2.3x.

Stephenson Quick Facts

Population 90290% MOE ±133

Median Household Income $44,60090% MOE ±$7,112

Median Home Value $101,80090% MOE ±$15,231

Poverty Rate 15.5%90% MOE ±6.2 pts

Unemployment Rate 6.1%90% MOE ±3.5 pts

Median Age 41.6 years90% MOE ±5.7 years

Homeownership Rate 73.4%90% MOE ±16.7 pts

Affordability Ratio 2.3x

Bachelor's Degree or Higher 16.3%90% MOE ±5.8 pts

Adults 25+ with high school education or higher 95.8%

Diversity Index 16/100

Population 902 457th of 745

Median Income $44,600 bottom 20%

Poverty Rate 15.5% 24% higher than national

Median Home Value $101,800 bottom 20%

How Stephenson Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric	2015–2019	2020–2024	Change
Population	937	902	No clear change (-3.7%)
Median household income	$47,799	$44,600	No clear change (-6.7%)
Median home value¹	$96,980	$101,800	No clear change (+5.0%)
Median gross rent	$683	$688	No clear change (+0.7%)

¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

How Stephenson Compares

Median Household Income

Stephenson

$44,600

$72,875

National

$80,734

Median Home Value

Stephenson

$101,800

$231,600

National

$332,700

Economy & Housing

Household Income Distribution

Under $25K 22.1%

$25K-$50K 32.5%

$50K-$100K 31.4%

$100K+ 14.1%

Detailed income brackets

Under $10K

5.9%

$10K-$15K

2.7%

$15K-$20K

9.0%

$20K-$25K

4.5%

$25K-$30K

4.5%

$30K-$35K

7.7%

$35K-$40K

1.3%

$40K-$45K

15.4%

$45K-$50K

3.5%

$50K-$60K

9.0%

$60K-$75K

6.1%

$75K-$100K

16.2%

$100K-$125K

5.3%

$125K-$150K

2.1%

$150K-$200K

6.1%

$200K+

0.5%

Employment

6.1% Unemployment Rate State: 5.7%|National: 5.2%

50.2% Labor Force Participation

Housing Overview

Owner 73.4%

Renter 26.6%

Affordability Index Very Affordable

2.3x home value to income ratio

Median gross rent $688/mo 18.5% of median household income annually

People & Demographics

Age Distribution

Under 18

18.2%

18-34

23.4%

35-54

21.6%

55-74

27.4%

75+

9.4%

Race & Ethnicity

Diversity Index

Very Low Diversity

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

State average: 45 | National average: 61

Education

Educational Attainment (Adults 25+)

Stephenson Rankings in Michigan

#457 Population of 745

#634 Median Income of 732

#460 Education of 745

#614 Home Value of 730

Explore Michigan Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Other Cities in Menominee County

City	Population	Median Income	Poverty	Home Value
Menominee	8,326	$49,432	16.4%	$104,400
Hermansville	666	$66,964	8.1%	$82,700
Powers	360	$35,417	15.3%	$99,400
Carney	177	$48,750	18.1%	$114,200
Daggett	174	$48,500	12.6%	$108,000

Cities Similar to Stephenson

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

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Springport	871	$46,417	$99,200	7.3%	25.0%
Quinnesec	892	$38,713	$154,900	5.6%	27.6%
Reading	947	$49,342	$107,800	12.0%	24.6%
Chassell	899	$54,148	$167,600	42.8%	17.0%
Farwell	974	$42,188	$98,700	11.4%	25.9%

A note before these figures: with a population of 902, Stephenson'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

Stephenson is a small community located in Michigan, within Menominee County. The total population is 902. It ranks as the 457th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Stephenson is 41.6 years. This is 3% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Stephenson is $44,600. This is 39% lower than the state median of $72,875. It is also 45% lower than the national median of $80,734. The poverty rate stands at 15.5%. This is 17% higher than the state poverty rate of 13.2%. The unemployment rate is 6.1%. This is 8% higher than the state rate of 5.7%. The median home value is $101,800. Housing costs are 56% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.3x, Stephenson is one of the most affordable housing markets in the area. 73.4% of occupied housing units are owner-occupied.

Race & Ethnicity

Stephenson has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 1.4%. The Black or African American population (0.9%) is well below the state average of 13.1%. The Hispanic or Latino population (1.4%) is well below the state average of 5.9%. The Asian population (0.8%) is well below the state average of 3.4%.

Education

16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% 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 95.8%.

Data Sources & Methodology

All demographic data for Stephenson, 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 Stephenson, Michigan?

Stephenson, Michigan has a population of 902 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Stephenson, MI?

The median household income in Stephenson is $44,600, which is 45% lower than the national median of $80,734.

What is the poverty rate in Stephenson, MI?

The poverty rate in Stephenson is 15.5%. This means approximately 132 residents live below the federal poverty line.

What is the racial makeup of Stephenson, Michigan?

Stephenson's population is 91.2% White, 0.9% Black, 1.4% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Stephenson, MI?

The median home value in Stephenson is $101,800. The home-value-to-income ratio is 2.3x.

How educated is Stephenson, Michigan?

16.3% of adults (25+) in Stephenson hold a bachelor's degree or higher, and 1.1% hold a graduate or professional degree.