Owosso, MI 48867 has a population of approximately 27,429 and experiences a population change rate of -2.18%. The population density is 199.1 / sq mi .
Owosso, MI 48867 has a population of approximately 27,429 and experiences a population change rate of -2.18%. The population density is 199.1 / sq mi .
The median household income for Owosso, MI 48867 is $50,700, with 11,425 households and an average household size of 2.35.
The median value of a home in Owosso, MI 48867 is $139,500 with an appreciation rate of 12.20%. 64.30% of housing in the state is owned while 26.91% is rented.
The cost of living in Owosso, MI 48867 is 83.3 %.
The unemployment rate in Owosso, MI 48867 is 3.70%, and recent job growth is at 3.54%. Future job growth is projected at 37.85%.
The sales tax rate in Owosso, MI 48867 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Owosso, MI 48867 are $14,195, and the school ratio is 16.5:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 32.6 inches per year, with 35.3 inches of snow per year.