Deerfield, Michigan Income

Deerfield, Michigan has a population of 850, with a median household income of $68,200.

Current income data for Deerfield.

850

👥

Population

850

💰

Median Income

$68,200

📉

Unemployment

5.10%

🏠

Housing Price

$266,000

🚨

Crime Rate

4.70

🌐

Internet Speed

176.00 Mbps

Deerfield is a small local community located in Michigan. The city has a population that is below 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.

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

Population Overview

Deerfield has a population of 850, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Deerfield is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Deerfield average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Deerfield is 5.10%, which is lower than the state average, indicating a relatively strong job market. Deerfield has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Deerfield continues to play a role in shaping regional trends in Michigan, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Deerfield

What is the population of Deerfield?

The population of Deerfield is approximately 850.

Is Deerfield a good place to live?

Deerfield 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 Deerfield?

The median household income in Deerfield is around $68,200.

How expensive is housing in Deerfield?

The average housing price in Deerfield is approximately $266,000.