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CITY · 2010 ACS

Hardwood Acres

Michigan · 432 residents · 0.532 sq mi
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The short version

Hardwood Acres has roughly average household income, with a median household income of $55,179. Population has grown 36% since 2011. 13% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $141,500. Poverty is rare here, at 4.0% of residents.

At a glance
Average income
near the US median
US median: $52,703
Mid-age
median age 37.0
US median: 37.2
Less educated
13% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
432
+36%vs 2011
vs 318 in 2011
2010 – 2024
Population density
812 / sq mi
+36%vs 2011
vs 598 / sq mi in 2011
US average: 261
Median age
37.0
+2%vs 2011
vs 36.2 in 2011
US average: 37.2
Population, 2010 – 2024
276401527652777201020202024Hardwood Acres
2024611
201020202024
Section 02

Income & economy

Median household income
$55,179
−20%inflation adjusted, since 2011
vs $71,313 in 2011
US average: $52,703
2010 – 2024
Per capita income
$26,036
+11%vs 2011
vs $23,416 in 2011
US average: $27,286
Households earning $100K+
33.9%
−8.0 ptsvs 2011
vs 41.9% in 2011
US average: 33.3%
Poverty rate
4.0%
+4.0 ptsvs 2011
vs 0.0% in 2011
US average: 13.8%
Income inequality (Gini)
0.252
+10%vs 2011
vs 0.229 in 2011
US average: 0.461
Workforce by industry, 2010
Other services11.4%
US avg: 7%
Public administration11.4%
US avg: 4.9%
Retail trade8.9%
US avg: 10.9%
Information7.9%
US avg: 11.5%
Transportation & warehousing3%
US avg: 3.1%
Finance & insurance3%
US avg: 5.1%
Professional, scientific, technical3%
US avg: 4.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 7.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$141,500
+5%inflation adjusted, since 2011
vs $139,500 in 2011
US average: $225,659
2010 – 2024
Owner-occupied
83.0%
−17.0 ptsvs 2011
vs 100.0% in 2011
5.4% rent
Vacancy rate
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 12.1%
Owner cost-burdened
22.7%
−1.2 ptsvs 2011
vs 23.9% in 2011
US average: 30.9%
Renter cost-burdened
100.0%
US average: 46.8%
Afford Score
2.6
+31%vs 2011
vs 2.0 in 2011
2010 – 2024
RELATED:See current rent listings in Hardwood Acres on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic98.4%(313)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other1.6%(5)
Diversity Score3.9%(12)
2010
White, non-Hispanic96.8%(418)
Black0.5%(2)
Hispanic / Latino0.9%(4)
Asian0.5%(2)
Other1.7%(7)
Diversity Score8.6%(37)
Diversity Score
9
+121%vs 2011
vs 4 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
13.4%
−2.9 ptsvs 2011
vs 16.3% in 2011
US average: 27.9%
High school or higher
92.0%
−5.1 ptsvs 2011
vs 97.0% in 2011
US average: 84.9%
Graduate degree
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
22.8 min
−14%vs 2011
vs 26.5 min in 2011
US average: 25.2
Drive alone to work
88.1%
−0.3 ptsvs 2011
vs 88.4% in 2011
US average: 76.2%
Carpooled to work
9.4%
+9.4 ptsvs 2011
vs 0.0% in 2011
US average: 10.4%
Public transit
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.7%
Worked from home
2.5%
−9.1 ptsvs 2011
vs 11.6% in 2011
US average: 4.1%
Walked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
9.4%
−9.5 ptsvs 2011
vs 18.9% in 2011
US average: 12.9%
Management & professional
42.1%
+8.5 ptsvs 2011
vs 33.5% in 2011
US average: 35.2%
Section 08

People & community

Male
49.0%
+8.7 ptsvs 2011
vs 40.3% in 2011
Female
51.0%
−8.7 ptsvs 2011
vs 59.7% in 2011
Foreign born
1.7%
+1.7 ptsvs 2011
vs 0.0% in 2011
US average: 12.8%
Veterans
11.5%
+3.0 ptsvs 2011
vs 8.5% in 2011
US average: 9.9%
Drill deeper

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Compare Hardwood Acres to nearby cities

HARDWOOD ACRES VS
Traverse City
Income$74,087+34%
Home value$415,400+194%
Population15,832+2491%
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HARDWOOD ACRES VS
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Income$51,773−6%
Home value$134,300−5%
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HARDWOOD ACRES VS
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Income$43,858−21%
Home value$156,400+11%
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HARDWOOD ACRES VS
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Income$59,926+9%
Home value$236,300+67%
Population9,917+1523%
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Frequently asked

How many people live in Hardwood Acres, Michigan?

Hardwood Acres, Michigan has about 432 residents according to the 2010 American Community Survey.

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

The typical household in Hardwood Acres, Michigan earns about $55,179 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 $141,500.

How educated are people in Hardwood Acres, Michigan?

About 13.4% 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 4.0% 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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