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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

Waldron Quick Facts

Population 603
Median Household Income $52,750
Median Home Value $83,700
Poverty Rate 8.8%
Unemployment Rate 5.3%
Median Age 39.2 years
Homeownership Rate 73.1%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 7.5%
High School Graduation Rate 93.9%
Diversity Index 12/100
Population 603 519th of 745
Median Income $52,750 bottom 30%
Poverty Rate 8.8% 29% lower than national
Median Home Value $83,700 bottom 10%

How Waldron 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
Population605603-0.3%
Median household income$45,750$52,750+15.3%
Median home value$82,600$83,700+1.3%

How Waldron Compares

Economy & Housing

Household Income Distribution

Under $25K 23.9%
$25K-$50K 25.8%
$50K-$100K 38.1%
$100K+ 12.3%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
6.3%
$15K-$20K
3.0%
$20K-$25K
9.0%
$25K-$30K
3.7%
$30K-$35K
4.5%
$35K-$40K
3.0%
$40K-$45K
8.2%
$45K-$50K
6.3%
$50K-$60K
9.7%
$60K-$75K
15.7%
$75K-$100K
12.7%
$100K-$125K
6.3%
$125K-$150K
3.7%
$150K-$200K
1.5%
$200K+
0.8%

Employment

5.3% Unemployment Rate State: 5.7%|National: 5.2%
69.1% Labor Force Participation

Housing Overview

Owner 73.1%
Renter 26.9%
Affordability Index Very Affordable
1.6x home value to income ratio
Median gross rent $850/mo 19.3% of median household income annually

People & Demographics

Diversity Index

12out 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

Waldron Rankings in Michigan

#519 Population of 745
#520 Median Income of 732
#679 Education of 745
#684 Home Value of 730

Other Cities in Hillsdale County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Camden608$51,250$103,1001.8%28.6%
Peck589$54,758$117,0006.1%11.1%
Cement City629$52,708$104,5009.4%24.8%
Maybee634$54,706$251,00023.4%16.1%
Tekonsha575$55,000$98,30018.5%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.