Elk Rapids vs Detroit
| Elk Rapids | Detroit | |
|---|---|---|
| Population | 1,568 | 636,787 |
| Median Household Income | $70,938 | $39,938 |
| Median Home Value | $393,400 | $83,900 |
| Median Gross Rent | $1,056/mo | $1,074/mo |
| Homeownership Rate | 75.2% | 50.3% |
| Unemployment Rate | 1.3% | 14.0% |
| Bachelor's Degree or Higher | 45.4% | 18.1% |
| Median Age | 57.7 | 35.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.