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Parchment, MI

Comprehensive demographics, housing data, local amenities, and economic statistics for Parchment.

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Community Insights

Highly Educated
31% hold a bachelor's degree
top 4% nationally
High Incomes
$119k/year
top 6% nationally
Leading Industries
Healthcare · Arts, Food & Hospitality · Wholesale Trade
15% healthcare
Home Value Growth⬆
+8.7% over 2 years
Young Adults
29% of residents
slightly above average
Homeowners
82% of occupied units

People & Demographics

Total Population44,633
Households—
Under 18
24.0%
Age 18–34
29.0%
Age 35–64
32.0%
Age 65+
14.0%
Veterans
9.0%
Active Duty
0.0%

Housing & Living

Median Home Value$462,848
Median Gross Rent$1,447/mo
Owner Occupied
81.6%
Renter Occupied
18.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$118,910
Poverty Rate—

Key Industries

Healthcare15.0%
Professional Services2.0%
Manufacturing0.0%
Retail11.0%
Education2.0%

Amenities & Transit

Transit Score—
Walkability / Amenities—
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
31.0%
Master's or Higher
10.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Parchment?›

The total population of Parchment is approximately 44,633. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in Parchment?›

The housing market in Parchment is predominantly driven by homeowners, with 82% of housing units being owner-occupied and 18% being renter-occupied.

What is the education level of residents in Parchment?›

In Parchment, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.