Shepherd, MI
1,457Residents
$70,156Median household income
$789/moMedian gross rent
$157,000Median home value
32.9Median age
27%Adults with a bachelor’s degree or higher
66%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 13% of the median household income in Shepherd.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $32,000 a year. In Michigan that leaves roughly $2,211 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.