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CITY · 2020 ACS

Waldron

Michigan · 505 residents · 1 sq mi
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The short version

Waldron has notably lower household income than the US average, with a median household income of $49,342. Population has declined 14% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $55,900.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.4
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
More affordable
home values down 32%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
505
−14%since 2000
from 590 in 2000
1990 – 2025
Population density
505 / sq mi
−14%since 2000
from 590 / sq mi in 2000
US average: 280
Median age
39.4
+18%since 2000
from 33.4 in 2000
US average: 38.8
Population, 1990 – 2024
4765155545926311990201020202024Waldron
2024603
1990201020202024
Section 02

Income & economy

Median household income
$49,342
+8%inflation adjusted, since 2000
from $30,417 in 2000
US average: $66,278
1990 – 2024
Per capita income
$19,995
+33%since 2000
from $15,083 in 2000
US average: $35,364
Households earning $100K+
21.2%
+14.3 ptssince 2009
from 6.9% in 2009
US average: 43.9%
Poverty rate
18.9%
+2.6 ptssince 2000
from 16.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade48.2%
US avg: 10%
Information12.4%
US avg: 11.1%
Finance & insurance7.1%
US avg: 5.5%
Professional, scientific, technical7.1%
US avg: 4.7%
Transportation & warehousing1.3%
US avg: 2.5%
Wholesale trade0.9%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$55,900
−32%inflation adjusted, since 2000
from $55,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$844
+62%inflation adjusted, since 2000
from $346 in 2000
US average: $1,124
Owner-occupied
64.6%
−7.3 ptssince 2000
from 71.9% in 2000
35.4% rent
Afford Score
1.1
−37%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Waldron on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.1%(573)
Black0.3%(2)
Hispanic / Latino1%(6)
Asian0%(0)
Other0%
Diversity Score3.4%(20)
2020
White, non-Hispanic93.9%(474)
Black0.6%(3)
Hispanic / Latino1%(5)
Asian0%(0)
Other5.3%(27)
Diversity Score16.2%(82)
Diversity Score
16
+376%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.7%
+6.9 ptssince 2000
from 3.8% in 2000
US average: 32.9%
High school or higher
90.3%
+12.9 ptssince 2000
from 77.4% in 2000
US average: 88.5%
Graduate degree
1.7%
−0.4 ptssince 2000
from 2.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.1 min
+14%since 2000
from 23.7 min in 2000
US average: 26.9
Drive alone to work
67.4%
−1.5 ptssince 2009
from 68.9% in 2009
US average: 75.1%
No vehicle available
4.5%
+1.1 ptssince 2009
from 3.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.9%
−17.6 ptssince 2011
from 18.5% in 2011
US average: 5.4%
Labor force participation
54.0%
−2.4 ptssince 2011
from 56.3% in 2011
US average: 63.4%
Management & professional
15.5%
−34.5 ptssince 2009
from 50.0% in 2009
US average: 39.3%
Section 08

People & community

Male
49.6%
+0.4 ptssince 2009
from 49.3% in 2009
Female
50.4%
−0.4 ptssince 2009
from 50.7% in 2009
Foreign born
1.3%
+1.3 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
2.6%
−83.4 ptssince 2013
from 86.0% in 2013
US average: 8.8%
Drill deeper

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Pop 529
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Head to head

Compare Waldron to nearby cities

WALDRON VS
Hillsdale
Income$51,038+3%
Home value$130,900+134%
Population8,002+1355%
SEE FULL COMPARISON →
WALDRON VS
Bryan
Income$52,865+7%
Home value$144,400+158%
Population8,579+1460%
SEE FULL COMPARISON →
WALDRON VS
Adrian
Income$50,209+2%
Home value$138,000+147%
Population20,191+3571%
SEE FULL COMPARISON →
WALDRON VS
Napoleon
Income$76,639+55%
Home value$146,600+162%
Population8,680+1478%
SEE FULL COMPARISON →
Frequently asked

How many people live in Waldron, Michigan?

Waldron, Michigan has about 505 residents according to the 2020 American Community Survey.

What is the median household income in Waldron, Michigan?

The typical household in Waldron, Michigan earns about $49,342 a year. Half of households make more than that, and half make less.

Is Waldron, Michigan expensive?

In Waldron, Michigan, the median home is worth about $55,900, and the typical rent is about $844 a month.

How educated are people in Waldron, Michigan?

About 10.7% of adults age 25 and over in Waldron, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Waldron, Michigan?

About 18.9% of people in Waldron, Michigan live below the federal poverty line.

Has Waldron, Michigan grown since 1990?

Yes, Waldron, Michigan has shrunk since 1990. The population has lost about 87 residents, a change of about -15 percent over that period.

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

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