Housing data for Reading, MI

Reading, MI has an estimated 947 residents and 398 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Hillsdale County.

41.7% of households rent.

The median gross rent is $835 a month.

Figures last updated on .

Residents
947 (±179)
Housing units
398 (±64)
Households that rent
41.7%
Median gross rent
$835
Residents since 2015–2019
−5.1%

What stands out in Reading

Households that rent: 41.7% (±10.3 points) in Reading, higher than in Hillsdale County (18.0%).

Median home value: $107,800 (±$24,488) in Reading, lower than in Hillsdale County ($176,100).

Working from home: 2.7% (±2.5 points) in Reading, lower than in Hillsdale County (8.1%).

Median real estate taxes: $1,189 (±$143) in Reading, lower than in Hillsdale County ($1,738).

Housing in Reading at a glance

  • Median rent: $835 median gross rent a month
  • Rent by bedrooms: $633 median gross rent, 2 bedrooms (Small sample: wide margin of error)
  • Rent burden: 31.1% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 41.7% of households rent
  • Income and affordability: $49,342 median household income
  • Home values: $107,800 median home value
  • Homeowner costs: $1,105 median monthly cost with a mortgage
  • Property taxes: $1,189 median real estate taxes a year
  • Types of homes: 8.4% of homes are in buildings of 5 or more units
  • Bedrooms: 65.6% of homes have 3 or more bedrooms
  • Age of homes: 89.0% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 83.9% heat with utility gas
  • Commute and cars: 21.3 minutes average trip to work
  • Crime reported to police: 186 violent crimes per 100,000 residents
  • Growth: −5.1% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 15.6% moved in since 2020
  • Crowding and facilities: 1.1% of homes have more than 1 person per room (Small sample: wide margin of error)

Reading against Hillsdale County, its state and the nation

Estimate (90% margin of error)
ReadingHillsdale CountyMichiganUnited States
Residents947 (±179)45,654 (exact)10,077,761 (exact)334,922,499
Housing units398 (±64)21,515 (±87)4,622,236 (±795)143,775,355
Households that rent41.7% (±10.3 points)18.0% (±1.4 points)26.8% (±0.2 points)34.8%
Median gross rent$835 (±$160)$832 (±$27)$1,129 (±$4)$1,413
Median household income$49,342 (±$15,015)$64,242 (±$2,663)$72,875 (±$293)$80,734
Median home value$107,800 (±$24,488)$176,100 (±$5,498)$231,600 (±$642)$332,700
Median real estate taxes (a year)$1,189 (±$143)$1,738 (±$49)$2,904 (±$9)$3,119
Built before 198089.0% (±14.7 points)62.4% (±2.5 points)62.1% (±0.2 points)49.7%
Average commute21.3 minutes (±2.5)24.0 minutes (±1.0)24.2 minutes (±0.1)26.4 minutes
Households with broadband90.6% (±5.4 points)85.9% (±1.2 points)90.5% (±0.1 points)91.0%
Median age of residents43.8 years (±5.6)43.1 years (±0.3)40.2 years (±0.1)38.9 years

Reading covers 1.0 square miles of land, about 936 residents per square mile (Census Bureau Gazetteer).

How Reading has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents998 (±151)947 (±179)−5.1%Not a measurable change
Housing units399 (±49)398 (±64)−0.3%Not a measurable change
Median gross rent$781 (±$152)$835 (±$160)+6.9%No measurable change after inflation
Median home value$76,000 (±$6,365)$107,800 (±$24,488)+41.8%No measurable change after inflation
Median household income$47,721 (±$7,983)$49,342 (±$15,015)+3.4%No measurable change after inflation
Median owner cost with a mortgage$940 (±$49)$1,105 (±$120)+17.6%No measurable change after inflation
Median real estate taxes$1,110 (±$109)$1,189 (±$143)+7.1%No measurable change after inflation
Households that rent31.8% (±7.0 points)41.7% (±10.3 points)+9.9 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±19.6 points)0.0% (±17.5 points)0.0 percentage pointsNot a measurable change

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.

Crime reported to police in Reading

In 2025, the Reading Police Department reported 186 violent and 93 property crimes per 100,000 residents to the FBI.

Across Hillsdale County, the departments that report recorded 134 violent and 447 property crimes per 100,000 residents that year.

Places near Reading

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Reading Township1.8 mi$829$187,50012.5%
Cambria Township5.2 mi$730$190,5008.9%
Montgomery5.4 mi$1,167$95,0007.0%
Camden5.9 mi$915$103,10033.2%
Camden Township5.9 mi$882$161,60016.8%
Algansee Township6.7 mi$990$232,4008.2%
Hillsdale Township6.9 mi$835$295,5007.1%
Woodbridge Township7.1 mi$786$159,60010.6%

Places in Michigan most like Reading

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Elkton$909$92,300$48,65438.5%
Bronson$938$114,800$46,35932.1%
Springport$926$99,200$46,41735.8%
Bay City$766$97,600$49,42029.9%
Ovid$849$110,600$50,14534.2%
Owosso$784$132,600$54,22931.7%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.

HUD Fair Market Rent for Reading, fiscal year 2027

Hillsdale County, MI, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$712$781$1,022$1,274$1,343

HUD income limits for Reading, fiscal year 2026

Hillsdale County, MI, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,600$29,300$46,850
2 people$21,640$33,450$53,550
3 people$27,320$37,650$60,250
4 people$33,000$41,800$66,900
5 people$38,680$45,150$72,300
6 people$44,360$48,500$77,650
7 people$50,040$51,850$83,000
8 people$55,200$55,200$88,350

These are the limits HUD sets for its housing programs in the Hillsdale County, MI, where HUD’s median family income for fiscal year 2026 is $81,300.

A program can use its own limits; tax-credit and local programs often do.

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 Reading

What is the average rent in Reading, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Reading is $835 (±$160) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many renters are there in Reading?

Reading has an estimated 155 (±46) renting households, 41.7% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Reading?

The median household income in Reading is $49,342 (±$15,015) a year (2020–2024 American Community Survey).

What is the average home value in Reading, MI?

The Census Bureau publishes the median: $107,800 (±$24,488) for owner-occupied homes in Reading (2020–2024 American Community Survey).

What is the average mortgage payment in Reading?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Reading, MI is $1,105 (±$120) a month, including taxes, insurance and utilities.

How much are property taxes in Reading?

The median real estate tax paid by homeowners in Reading, MI is $1,189 (±$143) a year (2020–2024 American Community Survey).

Is Reading growing?

In Reading, the number of residents went from 998 in 2015–2019 to 947 in 2020–2024 (−5.1%), not a measurable change.

Sources

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) for Reading city, Michigan (place:67500, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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 .

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