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Charlotte, MI Area and Community Summary Information


Community Summary

Charlotte Michigan
Community Characteristics
Population 8,628 10,186,759
Population Density 1,444 175
Educational Climate Index 4
Median Age 34.59 36.2
Median Dwelling Age 49 35
In Current Residence 5+ years 41 % 40 %
Median Home Sale Price $104,500
Average household Income $49,452 $60,956
Median Value of Home Equity $156,549 $188,110
Median Mortgage Debt $295,053 $381,900
Total Household Expenditure 84 96
Total Crime Risk 92 95
Weather Risk 48 59
Air Pollution Index 74 90
Median Travel Time to Work 18.67 20.11
     

Population Characteristics

Charlotte Michigan
Population 8,628 10,186,759
Population Density 1,444 175
     
Male Population 4,236 5,012,901
Female Population 4,392 5,173,858
     
Population Change Since 1990 4 % 10 %
Population Change Since 2000 3 % 2 %
     

Age

Charlotte Michigan
Median Age 34.59 36.2
     
Population: Age 0-4 567 647,932
Population: Age 5-9 585 661,443
Population: Age 10-14 553 713,813
Population: Age 15-19 554 742,957
Population: Age 20-24 700 717,249
Population: Age 25-29 690 664,001
Population: Age 30-34 599 645,190
Population: Age 35-39 559 683,372
Population: Age 40-44 551 747,888
Population: Age 45-49 555 782,516
Population: Age 50-54 528 738,751
Population: Age 55-59 533 638,722
Population: Age 60-64 393 501,863
Population: Age 65-69 311 371,481
Population: Age 70-74 267 284,457
Population: Age 75-79 254 244,477
Population: Age 80-84 193 200,056
Population: Age 85+ 237 200,591
     

Race Distribution

Charlotte Michigan
Race: White 8,135 8,140,567
Race: American Indian, Eskimo, Aleut 60 59,637
Race: Asian or Pacific Islander 55 256,134
Race: Other 106 122,720
Race: Hawaiian / Pacific Islander 0 4,015
Race: Black 139 1,414,461
     

Hispanic Distribution

Charlotte Michigan
Population: Hispanic 377 408,514
Population: Not Hispanic 8,251 9,778,245
     

Education

Charlotte Michigan
Education: Less than 9th Grade 141 212,719
Education: Some High School 596 577,599
Education: High School Graduate 2,101 2,101,231
Education: Some College 1,310 1,527,549
Education: Associate Degree 511 560,983
Education: Bachelors Degree 712 1,049,725
Education: Graduate Degree 300 673,559
     

Marital Status

Charlotte Michigan
Never Married 1,678 2,242,710
Now Married 3,622 4,253,466
Separated 197 301,239
Widowed 556 530,781
Divorced 867 833,296
     

Households

Charlotte Michigan
Households 3,394 3,926,978
Average Household Size
     
Households: Family 2,262 2,600,668
Households: Non-Family 1,132 1,326,310
     
Households: With Children 1,300 1,314,038
Households: No Children 2,094 2,612,940
     

Housing Characteristics

Charlotte Michigan
Median Dwelling Age 49 35
Median Home Sale Price $104,500
Average household Income $49,452 $60,956
Median Value of Home Equity $156,549 $188,110
Median Mortgage Debt $295,053 $381,900
     

Home Ownership

Charlotte Michigan
Vacant Dwellings 305 644906
Owner-Occupied Dwellings 2282 2945298
Renter-Occupied Dwellings 1112 981680
     

Turnover

Charlotte Michigan
In Current Residence 5+ years 41 % 40 %
Annual Residential Turnover 11 % 10 %
     
Median Years in Residence 3.94 3.9
     

Income Characteristics

Charlotte Michigan
Median household income $47,416 $54,253
Average household Income $49,452 $60,956
Per capita income $20,272 $24,193
Median Disposable Income $40,472 $45,601
     

Income Growth

Charlotte Michigan
Change in Avg. Household Income Since 1990 70 % 75 %
Change in Avg. Household Income Since 2000 20 % 21 %
     

Household Income

Charlotte Michigan
Household Income: $0-$10,000 211 279,679
Household Income: $10,000-$15,000 182 160,863
Household Income: $15,000-$20,000 204 188,965
Household Income: $20,000-$25,000 198 207,188
Household Income: $25,000-$30,000 185 212,750
Household Income: $30,000-$35,000 230 194,533
Household Income: $35,000-$40,000 181 183,048
Household Income: $40,000-$45,000 204 196,504
Household Income: $45,000-$50,000 210 176,103
Household Income: $50,000-$60,000 371 359,104
Household Income: $60,000-$75,000 435 426,422
Household Income: $75,000-$100,000 370 534,857
Household Income: $100,000-$125,000 216 321,286
Household Income: $125,000-$150,000 106 183,793
Household Income: $150,000-$200,000 79 154,355
Household Income: $200,000-$250,000 8 49,233
Household Income: $250,000-$500,000 3 54,872
Household Income: $500,000+ 0 43,423
     

Median Income

Charlotte Michigan
Median Income: Age < 25 $37,250 $33,465
Median Income: Age 25-34 $47,416 $50,981
Median Income: Age 35-44 $48,093 $60,792
Median Income: Age 45-54 $64,097 $69,073
Median Income: Age 55-64 $47,772 $60,196
Median Income: Age 65-74 $36,970 $43,238
Median Income: Age 75+ $31,452 $33,694
     

Cost of Living Index

Charlotte Michigan
Total Household Expenditure 84 96
Contributions 76 95
Personal Insurance 78 95
Apparel 83 95
Education 75 95
Entertainment 83 96
Food And Beverages 86 96
Health Care 87 96
Household Furnishings And Equipment 81 96
Shelter 83 96
Household Operations 79 96
Miscellaneous Expenses 86 96
Personal Care 84 96
Reading 84 96
Tobacco 92 95
Transportation 86 96
Utilities 87 95
Gifts 78 95
     
Sales Tax Rate 6 %
     

Financial Characteristics

Charlotte Michigan
Median Household Net Worth $119,080 $154,924
Average Household Net Worth $383,567 $512,214
Median Value of Home Equity $156,549 $188,110
Median Mortgage Debt $295,053 $381,900
     

Net Worth

Charlotte Michigan
Net Worth: $0 or Less 399 430,242
Net Worth: $1-$5,000 463 491,603
Net Worth: $5,000-$10,000 248 264,532
Net Worth: $10,000-$25,000 431 474,091
Net Worth: $25,000-$50,000 462 523,135
Net Worth: $50,000-$100,000 569 653,096
Net Worth: $100,000-$250,000 664 778,142
Net Worth: $250,000-$500,000 257 310,610
Net Worth: Greater Than $500,000 135 170,663
     

Investments and Debt

Charlotte Michigan
Median Value of Transaction Accounts $22,035 $27,775
Median Value of Certificates of Deposit $6,316 $7,259
Median Value of Savings Bonds $990 $1,138
Median Value of Bonds (Not US Savings) $7,788 $11,985
Median Value of Stocks $26,503 $38,805
Median Value of Mutual Funds $22,913 $31,903
Median Value of Retirement Accounts $53,627 $71,067
Median Value of Cash Value Life Ins $4,914 $6,307
Median Value of Other Managed Accounts $13,120 $16,955
Median Value of Other Financial Assets $3,323 $4,636
Median Value of Any Financial Assets $161,530 $217,829
Median Value of Vehicles Owned $16,440 $18,585
Median Value of Investment Property Equity $29,129 $39,762
Median Value of Business Equity $20,035 $27,455
Median Value of Other Non-Financial Assets $68,699 $102,338
Median Value of Any Non-Financial Assets $4,202 $5,649
Median Installment Loan Debt $55,246 $66,080
Median Lines of Credit Debt $5,557 $7,908
Median Credit Card Debt $478 $670
Median Investment Real Estate Debt $8,351 $8,976
Median Other Debt $12,028 $15,922
Median Total Debts $137,332 $184,410
     

Occupation

Charlotte Michigan
     
Occupations: White Collar 4,456 3,863,210
Occupations: Blue Collar 1,196 1,132,729
     
Business Counts: Professional Specialty Occupations 947 825,293
Business Counts: Sales Professionals 115 112,163
Business Counts: Technologies and Technicians 320 183,981
Business Counts: Sales Workers and Clerks 445 441,319
Business Counts: Administrative Support 1,057 913,354
Business Counts: Technical, Sales and Administrative: Field Occupations 20 11,569
Business Counts: Private Household 0 302
Business Counts: Protective Services 75 74,557
Business Counts: Other Services: Site Based 832 725,720
Business Counts: Other Services: Field Based 40 29,053
Business Counts: Farming, Forestry, and Fishing 100 107,174
Business Counts: Precision, Craft, and Repair: Site Based 470 462,698
Business Counts: Construction, Repair and Mining: Field Based 149 132,496
Business Counts: Machine Operators, Assemblers and Inspectors 144 147,131
Business Counts: Transportation Materials Moving Workers 176 148,286
Business Counts: Handlers, Helpers and Laborers 157 134,944
     
Employees: Agricultural, Forestry, Fishing 19 54,070
Employees: Mining 0 4,104
Employees: Construction 312 197,456
Employees: Manufacturing 564 701,246
Employees: Transportation and Communications 449 159,665
Employees: Wholesale Trade 576 248,604
Employees: Retail Trade 1,097 1,029,120
Employees: Finance, Insurance and Real Estate 277 293,774
Employees: Services 1,997 2,053,937
Employees: Public Administration 361 253,994
     

Transportation & Commute

Charlotte Michigan
Median Travel Time to Work 18.67 20.11
Transportation to Work: Public 2 % 1 %
Transportation to Work: Drive / Carpool 91 % 93 %
Transportation to Work: Walk / Bike / Other 5 % 3 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Charlotte Michigan
Total Crime Risk 92 95
     
Personal Crime Risk 107 110
Murder Risk 6 111
Rape Risk 319 171
Robbery Risk 32 83
Assault Risk 131 116
     
Property Crime Risk 90 94
Burglary Risk 88 93
Larceny Risk 136 87
Motor Vehicle Theft Risk 65 128
     

Temperature & Rain

Charlotte Michigan
Average January High Temperature 28.9 27.5
Average January Low Temperature 15 11.47
Average July High Temperature 80.7 80.65
Average July Low Temperature 59.7 57.31
     
Annual Precipitation 33.83 32.56
     

Weather Risk Index

Charlotte Michigan
Weather Risk 48 59
Earthquake Risk 23 22
Hail Index 35 84
Hurricane Index 15 14
Tornado Index 88 104
Wind Index 88 120
     

Environmental Quality Index

Charlotte Michigan
Air Pollution Index 74 90
Ozone Index 98 98
Carbon Monoxide Index 77 84
Lead Index 17 50
NO2 Index 103 139
Particulate Matter Index 77 81
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
48813
$56,246
Median Value of Home Equity
Zip
1
48813
$182,738
Fastest Growing (change since 2000)
Zip
1
48813
5 %
Longest Commute
Zip
1
48813
21.18
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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