Parchment, Michigan

Population

Down 2.0% since 2020.

1,887

people, the 262nd-largest of Michigan's cities and towns.

Census Population Estimates, 2025. Rank among Michigan's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

Nearly every job here goes to someone who lives somewhere else.

96.5%

of 977 jobs located in Parchment are filled by in-commuters.

Census LEHD LODES, 2021. Sources: Census LEHD LODES

Rent

Median rent is up 75% since the 2005–2009 survey, before inflation.

$1,045

a month. Michigan's median is $1,129.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $1,167 gap between neighbors, the sharpest rent edge between adjacent tracts in Kalamazoo County.

• $1,165 Tract 29.09
• $2,332 Tract 29.08

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$808–$1,211

is the monthly rent range local workforce wages support.

• $1,045 median

Supportable rent computed by the Almanac from 2021 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 0 homes permitted, 2022–2025
• 98% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.2–1.0% to the 992 homes here.

2–10

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2021 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 21% less than Michigan's.

$184,000

median home value in Parchment.

• $184,000 Parchment
• $231,600 Michigan
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year