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Wedgewood, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Wedgewood, Michigan had a total population of 241, the 658th largest community in Michigan, with a median household income of $131,563, which is 81% higher than the state average. The poverty rate is 0.0%.

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

Key Takeaways

Wedgewood Quick Facts

Population 241
Median Household Income $131,563
Median Home Value $322,700
Poverty Rate 0.0%
Unemployment Rate 0.0%
Median Age 60.9 years
Homeownership Rate 100.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 41.8%
High School Graduation Rate 92.9%
Diversity Index 19/100
Population 241 658th of 745
Median Income $131,563 top 10%
Poverty Rate 0.0%
Median Home Value $322,700 top 20%

How Wedgewood 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
Population273241-11.7%
Median household income$133,125$131,563-1.2%
Median home value$300,000$322,700+7.6%

How Wedgewood Compares

Economy & Housing

Household Income Distribution

Under $25K 8.6%
$25K-$50K 7.4%
$50K-$100K 24.7%
$100K+ 59.3%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
8.6%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
7.4%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
16.1%
$75K-$100K
8.6%
$100K-$125K
6.2%
$125K-$150K
30.9%
$150K-$200K
13.6%
$200K+
8.6%

Employment

0.0% Unemployment Rate State: 5.7%|National: 5.2%
41.6% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

19out 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

Wedgewood Rankings in Michigan

#658 Population of 745
#24 Median Income of 732
#126 Education of 745
#83 Home Value of 730

Other Cities in Wexford County

CityPopulationMedian IncomePovertyHome Value
Cadillac 10,445 $51,773 18.2% $134,300
Manton 1,511 $45,982 13.5% $125,000
Buckley 936 $67,083 13.8% $205,500
Mesick 423 $41,094 17.3% $123,800
Harrietta 230 $45,938 25.7% $154,200
Haring 199 $105,441 0.0% $158,100
Boon 99 $77,083 19.2% $97,100
Caberfae 35 $59,000 0.0% $200,000

Cities Similar to Wedgewood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elm Hall228N/A$75,0002.0%58.9%
Winn226$136,136$209,5000.0%2.6%
Falmouth222N/A$145,00015.2%9.0%
Riverdale216N/A$90,50016.5%40.3%
Emmett207$120,074$145,8009.3%1.9%

A note before these figures: with a population of 241, Wedgewood'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

Wedgewood is a small community located in Michigan, within Wexford County. The total population is 241. It ranks as the 658th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Wedgewood is 60.9 years. This is 51% higher than the state median of 40.2 years. Only 8.3% of residents are under 18, indicating fewer families with children. 22.0% 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 Wedgewood is $131,563. This is 81% higher than the state median of $72,875. It is also 63% higher than the national median of $80,734. The ACS records no residents below the poverty line in Wedgewood. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Wedgewood, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $322,700. Housing costs are 39% higher than the state median of $231,600. With a home-value-to-income ratio of just 2.5x, Wedgewood is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 73.2%.

Race & Ethnicity

Wedgewood has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Black or African American residents account for 10.4%.

Education

41.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% higher 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 92.9%. Notably, 28.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Wedgewood, 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 Wedgewood, Michigan?

Wedgewood, Michigan has a population of 241 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wedgewood, MI?

The median household income in Wedgewood is $131,563, which is 63% higher than the national median of $80,734.

What is the poverty rate in Wedgewood, MI?

The ACS sample for Wedgewood recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Wedgewood, Michigan?

Wedgewood's population is 89.6% White, 10.4% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wedgewood, MI?

The median home value in Wedgewood is $322,700. The home-value-to-income ratio is 2.5x.

How educated is Wedgewood, Michigan?

41.8% of adults (25+) in Wedgewood hold a bachelor's degree or higher, and 28.1% hold a graduate or professional degree.