Watervale, MI

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Watervale, MI: Quick Facts & Overview

  • Population: 528 residents (18 people per sq. mi.)
  • Average House Price: $238,390
  • Average Household Income: $77,955

Watervale, MI is located in the state of Michigan. It is home to about 528 people, with around 18 residents living in every square mile.

If you want to buy a house in Watervale, the average price is around $238,390. That makes local housing 8% higher than the Michigan average of $221,733, and 23% lower than the national average of $308,592.

The average household in Watervale earns about $77,955 a year. This income is 6% higher than the average family in Michigan ($73,374), and 1% lower than the national average ($78,686).

Population 528
Median Household Income $77,955
Median Home Value $238,390
Median Age 64.9 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$42,702
Labor Force Participation50.4%
Unemployment Rate13.5%
Average Commute Time17.0 mins

Housing & Community Metrics

Home Ownership Rate96.8%
Median Rent-
Rent Burdened (>30% Income)-
Total Housing Units278

Additional Census & Housing Profile

Geographic Overview

CountyBenzie
County FIPS26019
Metro Area (CBSA)Traverse City, MI
Population Density18.4/sq mi
Coordinates (lat/lng)44.5536, -86.2145
TimezoneAmerica/Detroit
National Ranking4
IncorporatedNo

Household Structure

Average Family Size2.39
Dual Income Families29.7%

Marital Status

Married50.0%
Never Married19.1%
Divorced15.2%
Widowed15.7%

Gender

Male51.1%
Female48.9%

Health & Poverty

Uninsured Rate (Health)4.2%
Poverty Rate5.3%

Key Population Groups

Veterans9.7%
Disabled Population24.1%
Limited English Proficiency-

All ZIP Codes in Watervale

ZIP Code Population Median Household Income Median Home Value
49613 528 $77,955 $238,390

Nearby Cities

City Distance Population
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Leland, MI 39.3 miles 400
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Custer, MI 41.6 miles 275
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