Cement City: Housing & Real Estate
Housing in Cement City centers on a median value of $104,500 (estimated market value runs 9% higher at $113,511), with median rent $1,006 (about the same as Lenawee County median $987; 1.1× below Michigan median $1,129). Homeownership rate: 81.0%. That's 1.9× below the Lenawee County median ($196,800); 2.2× below the Michigan median ($231,600). Market is warm. Vacancy rate 9.2%. New construction makes up 0.4% of stock. A municipal building code is in effect.
- 2.0× annual income — home value vs. household income (vs Michigan 3.0×).
- 8.7 years to break even renting at the median (vs Michigan 15y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent 13% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $104,500 — 0.5× the Michigan median ($193,400). Median rent $1,006/month. homeownership rate 81.0% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.0× |
|---|---|
| Affordability · Rent To Income Pct | 22.9% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $838 (vs Michigan $1,009) |
| Fair Market Rent · One-bedroom rent | $946 (vs Michigan $1,122) |
| Fair Market Rent · Two-bedroom rent | $1,165 (vs Michigan $1,411) |
| Fair Market Rent · Three-bedroom rent | $1,534 (vs Michigan $1,724) |
| Fair Market Rent · Four-bedroom rent | $1,626 (vs Michigan $1,868) |
| Fair Market Rent · HUD FMR area | Jackson, MI MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $113,511 |
| Median Home Value | $104,500 (vs Michigan $193,400) |
| Median Rent | $1,006 (vs Michigan $1,101) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 9.2% |
| Housing Market · New construction (% of stock) | 0.4% |
| Housing Market · Price Appreciation 2Yr | 3.6% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Michigan median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Michigan median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Michigan median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.0% (vs Michigan 0.6%) |
| Broadband · Broadband-capable premises | 206 |
| Electricity · Electricity rate (¢/kWh) | 19.30¢/kWh |
| Electricity · Customers | 4516367 |
| Electricity · Revenue Millions | $6,466 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Michigan median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Michigan median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 81.0% (vs Michigan 65.9%) |
|---|---|
| Median Year Built | 1950 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12