Housing Units, Population and Cost Rank Measures for Michigan
Here we explore the evolution and dynamics of the housing supply in Michigan, the relative cost of Michigan housing, the housing mix and the change in Michigan population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Michigan population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Michigan sections: housing units, housing cost, housing mix, population.
Housing Units and 18+ Population for Michigan
The data below track the total number of housing units in Michigan, the total 18 and over population in Michigan and the ratio of the 18 and over Michigan population to the number of housing units. Over the past 5 years, the number of Michigan housing units increased by 1.97% while the 18 and over population increased by 2.05%. As a result, the ratio of the 18 and over population to housing units increased from 1.693 to 1.694. A lower population to housing units ratio means there are more housing units available per person in the region.
2019 | 1 Year Change | 5 Year Change | |
---|---|---|---|
Michigan Housing Units | 4,629,605 | +0.33% | +1.97% |
Michigan 18+ Population | 7,844,035 | +0.16% | +2.05% |
Michigan 18+ Pop. / Units | 1.694 | -0.003 | +0.001 |
Michigan 18+ Population to Units Ratio Trends: Michigan, US
Michigan Housing Units and 18+ Population History
Date | Michigan Housing Units | Michigan 18+ Population | Michigan 18+ Pop. / Units |
---|---|---|---|
2019 | 4,629,605 | 7,844,035 | 1.694 |
2018 | 4,614,552 | 7,831,650 | 1.697 |
2017 | 4,595,274 | 7,786,450 | 1.694 |
2016 | 4,560,164 | 7,737,117 | 1.697 |
2015 | 4,550,324 | 7,714,752 | 1.695 |
2014 | 4,540,088 | 7,686,241 | 1.693 |
2013 | 4,525,266 | 7,651,883 | 1.691 |
2012 | 4,525,081 | 7,615,737 | 1.683 |
2011 | 4,525,654 | 7,583,102 | 1.676 |
2010 | 4,531,231 | 7,542,667 | 1.665 |
2009 | 4,541,470 | 7,622,155 | 1.678 |
2008 | 4,535,568 | 7,609,643 | 1.678 |
2007 | 4,526,914 | 7,621,612 | 1.684 |
2005 | 4,478,507 | 7,352,920 | 1.642 |
Michigan Relative Housing Cost Percentile by Price and Rent
This data shows where Michigan falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Michigan was at the 23.53% percentile for home prices and the 43.14% percentile for the cost of rent. Over the past 5 years, Michigan home prices have become more expensive compared to the rest of the country and rent in Michigan has become more expensive over the past 5 years relative to the rest of the country.
Michigan Home Price and Rent Percentile
2019 | 1 Year Change (delta) |
5 Year Change (delta) |
|
---|---|---|---|
Michigan Home Price Percentile | 23.53% | 0.00% | +7.84% |
Michigan Rent Percentile | 43.14% | -1.96% | +1.96% |
Michigan Trends in Home Price and Rent Percentile: Michigan, US
Michigan Home Price and Rent Percentile History
Date | Michigan Home Price Percentile | Michigan Rent Percentile |
---|---|---|
2019 | 23.53% | 43.14% |
2018 | 23.53% | 45.10% |
2017 | 21.57% | 43.14% |
2016 | 21.57% | 43.14% |
2015 | 19.61% | 43.14% |
2014 | 15.69% | 41.18% |
2013 | 9.80% | 43.14% |
2012 | 9.80% | 43.14% |
2011 | 9.80% | 39.22% |
2010 | 15.69% | 45.10% |
2009 | 27.45% | 45.10% |
2008 | 37.25% | 49.02% |
2007 | 39.22% | 49.02% |
2005 | 50.98% | 50.98% |
Michigan Housing Units: Owner Occupied, Renter Occupied and Vacant
The data below shows the number of housing units in Michigan by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 5.49% while the total number of rented units in Michigan decreased by 1.10%. Units that were vacant1 decreased by 6.49% over the last 5 years.
Michigan Changes in Owned, Rented and Vacant Units
2019 | 1 Year Change | 5 Year Change | |
---|---|---|---|
Michigan Owner Occ. Units | 2,841,195 | +0.84% | +5.49% |
Michigan Renter Occ. Units | 1,128,685 | -0.99% | -1.10% |
Michigan Vacant Units | 659,725 | +0.40% | -6.49% |
Michigan Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant
The chart below shows the share of each housing type in Michigan as a fraction of total housing units.
Michigan Owned, Rented and Vacant Units History
Date | Michigan Owner Occ. Units | Michigan Renter Occ. Units | Michigan Vacant Units |
---|---|---|---|
2019 | 2,841,195 | 1,128,685 | 659,725 |
2018 | 2,817,484 | 1,139,982 | 657,086 |
2017 | 2,803,372 | 1,126,645 | 665,257 |
2016 | 2,731,283 | 1,152,870 | 676,011 |
2015 | 2,717,217 | 1,141,315 | 691,792 |
2014 | 2,693,284 | 1,141,290 | 705,514 |
2013 | 2,703,957 | 1,128,509 | 692,800 |
2012 | 2,713,964 | 1,105,104 | 706,013 |
2011 | 2,706,280 | 1,066,153 | 753,221 |
2010 | 2,769,474 | 1,037,147 | 724,610 |
2009 | 2,795,638 | 1,024,098 | 721,734 |
2008 | 2,819,355 | 991,446 | 724,767 |
2007 | 2,880,401 | 968,606 | 677,907 |
2005 | 2,903,328 | 984,666 | 590,513 |
Michigan Population
This data shows the population of Michigan for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has decreased by 3.63% while the 18 and over population has increased by 2.05%.The total population of Michigan has increased by 0.78% in the last 5 years.
Changes in Michigan Population
2019 | 1 Year Change | 5 Year Change | |
---|---|---|---|
Michigan Population Under 18 | 2,142,822 | -0.99% | -3.63% |
Michigan Population 18+ | 7,844,035 | +0.16% | +2.05% |
Michigan Total Population | 9,986,857 | -0.09% | +0.78% |
Michigan Population Age Share: Under 18, 18 and Over: 18+, Under 18
Michigan Population History
Date | Michigan Population Under 18 | Michigan Population 18+ | Michigan Total Population |
---|---|---|---|
2019 | 2,142,822 | 7,844,035 | 9,986,857 |
2018 | 2,164,265 | 7,831,650 | 9,995,915 |
2017 | 2,175,861 | 7,786,450 | 9,962,311 |
2016 | 2,191,183 | 7,737,117 | 9,928,300 |
2015 | 2,207,824 | 7,714,752 | 9,922,576 |
2014 | 2,223,636 | 7,686,241 | 9,909,877 |
2013 | 2,243,739 | 7,651,883 | 9,895,622 |
2012 | 2,267,623 | 7,615,737 | 9,883,360 |
2011 | 2,293,085 | 7,583,102 | 9,876,187 |
2010 | 2,334,907 | 7,542,667 | 9,877,574 |
2009 | 2,347,572 | 7,622,155 | 9,969,727 |
2008 | 2,393,779 | 7,609,643 | 10,003,422 |
2007 | 2,450,210 | 7,621,612 | 10,071,822 |
2005 | 2,512,663 | 7,352,920 | 9,865,583 |