Payment, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Payment, MI: Quick Facts & Overview
- Population: 18,681 residents (17 people per sq. mi.)
- Average House Price: $158,997
- Average Household Income: $60,658
Payment, MI is located in the state of Michigan. It is home to about 18,681 people, with around 17 residents living in every square mile.
If you want to buy a house in Payment, the average price is around $158,997. That makes local housing 28% lower than the Michigan average of $221,733, and 48% lower than the national average of $308,592.
The average household in Payment earns about $60,658 a year. This income is 17% lower than the average family in Michigan ($73,374), and 23% lower than the national average ($78,686).
Population
18,681
Median Household Income
$60,658
Median Home Value
$158,997
Median Age
37.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,747 |
| Labor Force Participation | 63.6% |
| Unemployment Rate | 4.6% |
| Average Commute Time | 14.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 67.2% |
| Median Rent | $795 |
| Rent Burdened (>30% Income) | 30.5% |
| Total Housing Units | 7,984 |
Additional Census & Housing Profile
Geographic Overview
| County | Chippewa |
| County FIPS | 26033 |
| Metro Area (CBSA) | Sault Ste. Marie, MI |
| Population Density | 16.6/sq mi |
| Coordinates (lat/lng) | 46.5303, -84.1403 |
| Timezone | America/Detroit |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.89 |
| Dual Income Families | 57.9% |
Marital Status
| Married | 41.4% |
| Never Married | 36.8% |
| Divorced | 14.4% |
| Widowed | 7.5% |
Gender
| Male | 49.1% |
| Female | 50.9% |
Health & Poverty
| Uninsured Rate (Health) | 6.2% |
| Poverty Rate | 14.6% |
Key Population Groups
| Veterans | 7.1% |
| Disabled Population | 16.1% |
| Limited English Proficiency | 0.5% |
All ZIP Codes in Payment
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 49783 | 18,681 | $60,658 | $158,997 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Sault Ste. Marie, MI | 11.5 miles | 13,335 |
| Brimley, MI | 22.6 miles | 345 |
| Kincheloe, MI | 23.5 miles | 2,524 |
| De Tour Village, MI | 38.9 miles | 212 |