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The total population of Armada is estimated to be 2,039 with 936 males (45.90%) and 1,103 females (54.10%). There are 167 more females than males in Armada.
The median household income in Armada was $106,470 in 2021, which marked an an increase of 11,569(12.19%) from $94,901 in 2020. This income is 142.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Armada sees its highest median household income among householders in the age group of 45 to 64 years old, at $138,492. Overall, the median household income for the village of Armada stands at $106,470.
In Armada, the median income for all workers aged 15 years and older, regardless of work hours, was $68,307 for males and $39,056 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,093 for males and $54,721 for females.
In Armada, population is primarily represented by White households, reporting a median income of $106,632.
In 2022, the population of Armada was 1,672, a 0.83% decrease year-by-year from 2021. Previously, in 2021, Armada's population was 1,686, a decline of 0.77% compared to a population of 1,699 in 2020.
The median age in Armada, MI is 40.2, as per 2021 ACS 5-Year Estimates. Of the total population, 23.92% were under the age of 15, 11.30% aged 15 to 29, 47.61% aged 30 to 64, 14.47% aged 65 to 84, and 2.70% were 85 years of age and older.
Racial distribution of Armada population: 96.45% are White, 0.61% are Black or African American, 0.14% are Asian, 0.43% are Native Hawaiian and other Pacific Islander and 2.36% are multiracial.