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According to statistics, the population in Suttons Bay, MI amounts to 533, which shows decline -1% compared to the previous year. The median age of the city’s residents is 68. The average household income is $72,750, shifting growth 17% from the past year, and the average property value in Suttons Bay, MI growth 5% to $331,000 throughout the year.
Population | 533 |
Median Age | 68.1 |
Poverty Rate | 7% |
Household Income | $72,750 |
Number Of Employees | 165 |
Median Property Value | $331,000 |
The average household income in Suttons Bay, MI grew from $62,308 to $72,750 in the past year. This data is an estimate based upon 246 households in Suttons Bay, MI . The chart below presents how household income is distributed in Suttons Bay, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Suttons Bay, MI shifted from $315,700 to $331,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Suttons Bay, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Suttons Bay, MI properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Suttons Bay, MI compared to median property taxes around the country. The prevalent amount of property taxes in Suttons Bay, MI equals $3000, which is less than the national average.