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CITY

Hardwood Acres

Michigan · 611 residents · 0.532 sq mi
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The short version

Hardwood Acres is significantly wealthier than the US average, with a median household income of $109,196. Population has fallen 17% since 2023, a loss of 124 residents. 46% of adults hold a bachelor's degree or higher. Median home value is $276,700. Poverty is rare here, at 3.4% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.4
US median: 38.9
More educated
46% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
611
−17%since 2023
from 735 in 2023
2010 – 2024
Population density
1,148 / sq mi
−17%since 2023
from 1,382 / sq mi in 2023
US average: 281
Median age
39.4
+9%since 2023
from 36.2 in 2023
US average: 38.9
Population, 2010 – 2024
276401527652777201020202024Hardwood Acres
2024611
201020202024
Age distribution, 2024
Under 51.8%(11)
US avg: 5.6%
5 to 92.9%(18)
US avg: 6%
10 to 1414.4%(88)
US avg: 6.4%
15 to 1914.2%(87)
US avg: 6.6%
20 to 247%(43)
US avg: 6.5%
25 to 340%(0)
US avg: 13.7%
35 to 4426.8%(164)
US avg: 13.2%
45 to 5423.9%(146)
US avg: 12.2%
55 to 641.8%(11)
US avg: 12.7%
65 to 742%(12)
US avg: 10.2%
75 to 843.4%(21)
US avg: 5.1%
85 and over1.6%(10)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$109,196
−1%inflation adjusted, since 2023
from $107,128 in 2023
US average: $82,259
2010 – 2024
Per capita income
$37,385
−9%since 2023
from $41,030 in 2023
US average: $44,673
Households earning $100K+
85.0%
−0.3 ptssince 2023
from 85.4% in 2023
US average: 53.3%
Poverty rate
3.4%
+0.7 ptssince 2023
from 2.7% in 2023
US average: 12.5%
Income inequality (Gini)
0.245
−35%since 2023
from 0.378 in 2023
US average: 0.476
Workforce by industry, 2024
Information14.6%
US avg: 10.8%
Retail trade11.5%
US avg: 9.9%
Wholesale trade10.8%
US avg: 6.9%
Transportation & warehousing3.5%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$276,700
+12%inflation adjusted, since 2023
from $240,500 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
79.7%
−2.2 ptssince 2023
from 82.0% in 2023
20.3% rent
Vacancy rate
6.3%
+0.4 ptssince 2023
from 6.0% in 2023
US average: 10.0%
Owner cost-burdened
12.7%
+0.8 ptssince 2023
from 11.9% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
2.5
+13%since 2023
from 2.2 in 2023
2010 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
Gentrification Score
86
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
RELATED:See current rent listings in Hardwood Acres on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(735)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
2024
White, non-Hispanic100%(611)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score
0
from 0 in 2023
2011 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Ancestry
English28.6%(175)
Irish22.3%(136)
American20.3%(124)
German9.3%(57)
Portuguese8.2%(50)
Polish6.9%(42)
RANKED:Largest English population · Largest Irish population · Largest American population · Largest German population · Largest Portuguese population
Section 05

Education

Bachelor's degree or higher
46.2%
+12.1 ptssince 2023
from 34.1% in 2023
US average: 35.6%
High school or higher
88.7%
−2.4 ptssince 2023
from 91.2% in 2023
US average: 89.6%
Graduate degree
7.1%
+0.3 ptssince 2023
from 6.8% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.6 min
−6%since 2023
from 25.2 min in 2023
US average: 26.5
Drive alone to work
72.2%
Unchangedsince 2023
from 72.2% in 2023
US average: 68.9%
Carpooled to work
27.8%
Unchangedsince 2023
from 27.8% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
58.3%
+2.3 ptssince 2023
from 56.0% in 2023
US average: 63.5%
Self-employed
9.0%
−10.5 ptssince 2023
from 19.6% in 2023
US average: 13.1%
Management & professional
60.8%
+22.0 ptssince 2023
from 38.8% in 2023
US average: 42.5%
Section 08

People & community

Male
44.5%
−7.0 ptssince 2023
from 51.6% in 2023
Female
55.5%
+7.0 ptssince 2023
from 48.4% in 2023
Foreign born
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
6.2%
+0.3 ptssince 2023
from 5.9% in 2023
US average: 6.2%
With a disability
8.3%
−2.3 ptssince 2023
from 10.6% in 2023
US average: 13.3%
Uninsured
22.3%
+3.5 ptssince 2023
from 18.8% in 2023
US average: 8.4%
Broadband at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 91.0%
English only at home
98.0%
+0.3 ptssince 2023
from 97.7% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Marital status
Men 15+
Never married35.3%(77)
Married59.2%(129)
Widowed0%(0)
Divorced5.5%(12)
Women 15+
Never married29.7%(82)
Married42.4%(117)
Widowed3.6%(10)
Divorced24.3%(67)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
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Head to head

Compare Hardwood Acres to nearby cities

HARDWOOD ACRES VS
Traverse City
Income$74,087−32%
Home value$415,400+50%
Population15,832+2491%
SEE FULL COMPARISON →
HARDWOOD ACRES VS
Cadillac
Income$51,773−53%
Home value$134,300−51%
Population10,438+1608%
SEE FULL COMPARISON →
HARDWOOD ACRES VS
Big Rapids
Income$43,858−60%
Home value$156,400−43%
Population8,623+1311%
SEE FULL COMPARISON →
HARDWOOD ACRES VS
Sturgeon Bay
Income$59,926−45%
Home value$236,300−15%
Population9,917+1523%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hardwood Acres, Michigan?

Hardwood Acres, Michigan has about 611 residents according to the 2024 American Community Survey.

What is the median household income in Hardwood Acres, Michigan?

The typical household in Hardwood Acres, Michigan earns about $109,196 a year. Half of households make more than that, and half make less.

Is Hardwood Acres, Michigan expensive?

In Hardwood Acres, Michigan, the median home is worth about $276,700.

How educated are people in Hardwood Acres, Michigan?

About 46.2% of adults age 25 and over in Hardwood Acres, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Hardwood Acres, Michigan?

About 3.4% of people in Hardwood Acres, Michigan live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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