Elk Rapids vs Dearborn
| Elk Rapids | Dearborn | |
|---|---|---|
| Population | 1,568 | 108,414 |
| Median Household Income | $70,938 | $65,324 |
| Median Home Value | $393,400 | $218,800 |
| Median Gross Rent | $1,056/mo | $1,327/mo |
| Homeownership Rate | 75.2% | 68.4% |
| Unemployment Rate | 1.3% | 6.6% |
| Bachelor's Degree or Higher | 45.4% | 34.6% |
| Median Age | 57.7 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.