A quick glance at the population statistics of Freeland will give you some insight as to how the city is faring. While a small number of people live in Freeland, most of the residents of the city are middle-class. The median age of Freeland residents is about 43 years. The population is split into three main categories: white-collar workers, blue-collar workers, and those who are under 18 years of age.
A quick look at Freeland's economic data will reveal that the median household income is $44,375. This is above the national average and lower than neighboring communities. However, it's worth noting that Freeland's unemployment rate is 11.1%. Moreover, the city has one eviction per thousand residents. For a more comprehensive picture of the city's economy, take a look at its demographic data.
The median income in Freeland is $78,419. For families with children, the median income is $84,172. The median rent is $1,067 per month. As with many other cities, Freeland is slightly below the national average. Overall, Freeland has a moderately high number of renters, and is slightly higher than the state average. This means that it's easier for many families to find affordable housing, especially if the median income is higher than the national average.
The median age of all Freeland residents was 36.6 years in 2019. It's worth noting that freeland residents are getting younger. Compared to the population of Freeland, Michigan, the median age of residents has risen by -1.02% since the 2010 census. Freeland's median income was $38,723 while its average household income is $45,227. Freeland residents earn an average of $45,227 annually and are largely middle-class. In addition, freeland has an 81% high school graduation rate. About 45 percent dropped out of college.