Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

8 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,267

Average Rent as Percentage of Gross Income

Median rent for 2018: $776

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $4,252
--Home Prepared Food $2,396
--Restaurant/Takeaway Food $1,856
Alcoholic Beverages $312
Housing $10,777
--Rent/Mortgage/Upkeep/Taxes $6,301
--Utilities $2,172
--Operations $818
--Supplies $401
--Furnishings $1,088
Apparel $1,000
--Men & Boys $224
--Women & Girls $405
--Children < 2 $4
--Footwear $211
Transportation $5,234
--New Vehicles $979
--Used Vehicles $1,118
--Fuel $1,130
--Insurance $523
--Public Transit $439
Healthcare $2,666
Entertainment $1,729
--Pets $354
--Toys $84
Personal Care Products $413
Books & Literature $59
Education $755
Tobacco Products $186
Miscellaneous $531
Retirement $1,012
Non-health Insurance $3,914
Total Expenditures $32,840

Selected Population Data

Period Geography Population
2014 Armada village, Michigan 2,012
2015 Armada village, Michigan 1,998
2016 Armada village, Michigan 1,864
2017 Armada village, Michigan 1,855
2018 Armada village, Michigan 1,796