"This section provides data and information related to summary for Reed , MI summary

Welcome to the Townfolio for Reed , MI where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

2,715

Median Household Income

26,852

Total Visible Minorities

N/A

Median Age

36.3

What is the Median Age of Reed , MI?

Reed , MI has a median age of 36 years old. Overall, the median age in Reed , MI is increasing at an average of 2.07% per year.

Median Household Income

In Reed , MI, the median household income is $26852 per year. Overall, it is growing at an average of 2.76% per year. In the last two census, its median household income grew by $2145.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Reed , MI has a gini coefficient of 0.56 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are single, making up 15.34 per cent of the population. With a predominantly single population, it can either mean that more households will either have a single occupant or there will more households with multiple residential tenants in it. Furthermore, expect higher discretionary spending in the community as they spend more compared to their married counterparts. Having more people who are not married also mean more people to meet in the community given the higher availability of personal time.

Us Sex By Age

Overall, women outnumber men by 147. people. The 5 to 9 years old age cohort exhibits the largest discrepancy with a difference of 122 people between the sexes. Furthermore, majority of the population is between the ages 5 to 9 years old, comprising 9.06 per cent of the population. Meanwhile, 60.7 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 22.36 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 460 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Reed , MI are those in Management, business, science, and arts occupations, where the median salary hovers around $47938.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Education, training, and library occupations where median salary is at $56250.0. In the services industry, those in Healthcare support occupations earn the most at $26111.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $37708.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $45461.0 per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

92.08%

Housing Vacant

7.92%

No. of Families

598

No. of Non-Families

448

Median Gross Rent

Reed , MI has an average rent of $538 per month. Overall, the average rent in Reed , MI is growing at an average of 3.85% per year. In the last two census, its average rent grew by $14.

Heating Sources

Most people in Reed , MI uses utility gas to heat up their homes. With 888 households using it, it is the leading heating source in Reed , MI. Moreover, 9.85% of households say they use electricity making it the second most popular choice. The third widely used heating source is bottled, tank, or LP gas, with 27 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Reed , MI have three vehicles for transportation. 289 people responding in Reed , MI feel that having three vehicles is sufficient. Moreover, 28.63% of households say they use two vehicles. Moreover, 194 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Reed , MI leave their homes from 6:30am to 7:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 14.16% of respondents, is from 7:30am to 8:00am. However, 126 of commuters still prefer to leave from 4:00pm to 12:00am.

Us Transportation Mode

Majority of commuters in Reed , MI are driving alone in a private car, truck, or van to go to work. Moreover, 16.63% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is walking with 68 commuters have preferring it. Meanwhile, there are 33 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Education with 67 people practicing it in Reed , MI. Business is another popular field of expertise, as 22.86% of inhabitants are involved in it. The third group are those who are in Social Sciences, with 19 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Reed , MI has 92 people or 37.55% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.