Elsie, MI
1,000Residents
$59,318Median household income
$700/moMedian gross rent
$114,000Median home value
44.1Median age
7%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
1.9×Home value to household income
Median rent takes about 14% of the median household income in Elsie.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $28,000 a year. In Michigan that leaves roughly $1,957 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.