What is the median household income in Coloma, MI?
The median household income in Coloma, MI is $68,889 (±$11,631) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,016 a month would take about $40,600 a year at the common guideline of spending no more than 30% of income on rent.
In Coloma, the median household income went from $44,100 in 2015–2019 to $68,889 in 2020–2024 (+56.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $68,889 (±$11,631)
- Median renter income
- $55,588 (±$16,833)
- Income to afford median rent
- about $40,600
Income in Coloma against Berrien County, its state and the nation
| Coloma | Berrien County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $68,889 (±$11,631) | $65,425 (±$1,108) | $72,875 (±$293) | $80,734 |
| Median renter household income | $55,588 (±$16,833) | $35,627 (±$2,181) | $42,352 (±$376) | $52,966 |
| Median owner household income | $82,500 (±$15,072) | $79,711 (±$1,813) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,016 (±$127) | $942 (±$24) | $1,129 (±$4) | $1,413 |
In Coloma, median household income is not measurably different from Berrien County ($65,425).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Berrien County, Coloma ranks 14 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 778 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Coloma
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,016 a month ($12,192 a year) needs an income of about $40,600 a year.
The median renting household in Coloma earns $55,588 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $44,100 (±$5,215) | $68,889 (±$11,631) | +56.2% | Up after inflation |
| Median gross rent | $781 (±$49) | $1,016 (±$127) | +30.1% | No measurable change after inflation |
| Median home value | $106,100 (±$6,640) | $177,100 (±$15,715) | +66.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Coloma
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Coloma | — | $68,889 (±$11,631) | — |
| Coloma Charter Township | 1.5 mi | $60,417 (±$11,197) | Not measurably different |
| Paw Paw Lake | 2.4 mi | $67,674 (±$23,227) | Not measurably different |
| Watervliet | 2.6 mi | $61,167 (±$12,710) | Not measurably different |
| Hagar Township | 3.2 mi | $67,273 (±$17,123) | Not measurably different |
| Watervliet Township | 3.2 mi | $58,616 (±$16,947) | Not measurably different |
| Bainbridge Township | 5.8 mi | $74,574 (±$10,416) | Not measurably different |
| Hartford Township | 6.7 mi | $54,659 (±$21,381) | Not measurably different |
| Benton Charter Township | 6.7 mi | $38,688 (±$3,707) | Lower |
Nearby places with a measurably lower figure: Benton Charter Township, MI ($38,688).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Berrien County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 8 | Lake Charter Township | $83,241 (±$20,322) |
| 9 | Berrien Township | $79,148 (±$11,872) |
| 10 | Sodus Township | $78,402 (±$7,134) |
| 11 | Baroda Township | $75,337 (±$10,909) |
| 12 | Bainbridge Township | $74,574 (±$10,416) |
| 13 | Pipestone Township | $72,533 (±$9,386) |
| 14 | Coloma | $68,889 (±$11,631) |
| 15 | Three Oaks Township | $68,438 (±$8,209) |
| 16 | Hagar Township | $67,273 (±$17,123) |
| 17 | Buchanan Township | $66,783 (±$6,677) |
| 18 | Bridgman | $66,603 (±$11,848) |
| 19 | New Buffalo | $64,702 (±$24,988) |
| 20 | Niles Township | $63,459 (±$4,270) |
Showing 13 of 30 places in Berrien County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Coloma
What is the median household income in Coloma?
The median household income in Coloma is $68,889 (±$11,631) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Coloma?
About $40,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,016 a month.
Have incomes in Coloma kept up with inflation?
In Coloma, the median household income went from $44,100 in 2015–2019 to $68,889 in 2020–2024 (+56.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Coloma?
The median renting household in Coloma, MI earns $55,588 (±$16,833) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Coloma city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Coloma city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Coloma city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Coloma city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Coloma city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Coloma city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Coloma city, Michigan (place:17320, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Coloma at a glance
- Median rent in Coloma
- Renters and owners in Coloma
- Home values in Coloma
- Homeowner costs in Coloma
- Property taxes in Coloma
- Types of homes in Coloma
- Bedrooms in Coloma
- Age of homes in Coloma
- Heating fuel in Coloma
- Commute and cars in Coloma
- Population growth in Coloma
- How long people stay in Coloma
- Michigan landlord and tenant rules
- Housing across Berrien County
- Michigan places ranked by median household income
- Housing data for every place in Michigan