Waldron, Michigan Demographics & Population 2026
During the 2020–2024 ACS period, Waldron, Michigan had a total population of 603, the 519th largest village in Michigan, with a median household income of $52,750, which is 28% lower than the state average. The poverty rate is 8.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 7.5% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
Waldron Quick Facts
How Waldron Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 605 | 603 | -0.3% |
| Median household income | $45,750 | $52,750 | +15.3% |
| Median home value | $82,600 | $83,700 | +1.3% |
How Waldron Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
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+)
Waldron Rankings in Michigan
Explore Michigan Rankings
Other Cities in Hillsdale County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hillsdale | 8,002 | $51,038 | 22.9% | $130,900 |
| Jonesville | 2,319 | $65,200 | 17.8% | $162,900 |
| Lake LeAnn | 1,657 | $89,076 | 4.3% | $266,600 |
| Litchfield | 1,566 | $53,182 | 11.4% | $117,000 |
| Reading | 947 | $49,342 | 24.6% | $107,800 |
| Pittsford | 707 | $45,833 | 24.5% | $105,700 |
| Camden | 608 | $51,250 | 28.6% | $103,100 |
| North Adams | 435 | $52,813 | 12.2% | $99,500 |
| Montgomery | 301 | $51,250 | 38.5% | $95,000 |
| Allen | 170 | $66,111 | 10.0% | $131,300 |
Cities Similar to Waldron
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Camden | 608 | $51,250 | $103,100 | 1.8% | 28.6% |
| Peck | 589 | $54,758 | $117,000 | 6.1% | 11.1% |
| Cement City | 629 | $52,708 | $104,500 | 9.4% | 24.8% |
| Maybee | 634 | $54,706 | $251,000 | 23.4% | 16.1% |
| Tekonsha | 575 | $55,000 | $98,300 | 18.5% | 21.6% |
A note before these figures: with a population of 603, Waldron'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
Waldron is a small community located in Michigan, within Hillsdale County. The total population is 603. It ranks as the 519th most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Waldron is 39.2 years. This is 2% lower than the state median of 40.2 years.
Economy, Income & Housing
The median household income in Waldron is $52,750. This is 28% lower than the state median of $72,875. It is also 35% lower than the national median of $80,734. The poverty rate stands at 8.8%. This is 33% lower than the state poverty rate of 13.2%. The unemployment rate is 5.3%. This is 7% lower than the state rate of 5.7%. The median home value is $83,700. Housing costs are 64% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.6x, Waldron is one of the most affordable housing markets in the area. 73.1% of occupied housing units are owner-occupied.
Race & Ethnicity
Waldron has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Hispanic or Latino residents account for 1.2%. The Hispanic or Latino population (1.2%) is well below the state average of 5.9%.
Education
7.5% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 77% 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 93.9%.
Data Sources & Methodology
All demographic data for Waldron, 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 Waldron, Michigan?
Waldron, Michigan has a population of 603 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Waldron, MI?
The median household income in Waldron is $52,750, which is 35% lower than the national median of $80,734.
What is the poverty rate in Waldron, MI?
The poverty rate in Waldron is 8.8%. This means approximately 53 residents live below the federal poverty line.
What is the racial makeup of Waldron, Michigan?
Waldron's population is 93.9% White, 0.0% Black, 1.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Waldron, MI?
The median home value in Waldron is $83,700. The home-value-to-income ratio is 1.6x.
How educated is Waldron, Michigan?
7.5% of adults (25+) in Waldron hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.