289: Where Michigan Is Growing (and Where the Price Data Makes No Sense) | Living In Michigan
About this episode
This episode discusses Michigan's population growth and housing market trends based on recent Census data.
Where Michigan Is Growing (and Where the Price Data Makes No Sense) Michigan added about 56,000 people since 2020, but 26 of our 83 counties actually lost population over that same stretch. The fastest growing county in the state? Not Oakland. Not Kent. It is Lake County, a place most lifelong Michiganders could not find on a map. Meanwhile, one of Michigan's biggest cities added a grand total of six residents last year. In this episode, I break down the newest U.S. Census Bureau estimates covering 2020 through 2025 and lay my own MLS price data over the top of them, and the results genuinely surprised me. The fastest growing township in Michigan saw home prices go DOWN. All ten of the fastest shrinking communities in the state, every single one in Wayne County, saw home prices go UP, including one that jumped roughly 40 percent in three years. You will hear: Why Kent County and Grand Rapids are leading Michigan in raw population growth, and what that means for buyers competing there. Why northern Michigan is growing at more than double the state's rate while the Traverse City region faces a shortage of roughly 30,000 housing units by 2027. Why Lyon Township, the fastest growing…
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