Beverly Hills, Michigan Median Income

Beverly Hills, Michigan has a population of 10,400, with a median household income of $68,000.

Current median income data for Beverly Hills.

$68,000

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Population

10,400

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Median Income

$68,000

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Unemployment

5.20%

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Housing Price

$265,000

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Crime Rate

4.80

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Internet Speed

214.00 Mbps

Beverly Hills is a small local community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Beverly Hills is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Beverly Hills has a population of 10,400, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Beverly Hills is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Beverly Hills is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Beverly Hills is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Beverly Hills are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Michigan, Beverly Hills shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Beverly Hills offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Beverly Hills

What is the population of Beverly Hills?

The population of Beverly Hills is approximately 10,400.

Is Beverly Hills a good place to live?

Beverly Hills offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Beverly Hills?

The median household income in Beverly Hills is around $68,000.

How expensive is housing in Beverly Hills?

The average housing price in Beverly Hills is approximately $265,000.