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The total population of Shepherd is estimated to be 1,415 with 641 males (45.30%) and 774 females (54.70%). There are 133 more females than males in Shepherd.
The median household income in Shepherd was $64,737 in 2021, which marked an an increase of 643(1%) from $64,094 in 2020. This income is 86.77% 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, Shepherd sees its highest median household income among householders in the age group of 45 to 64 years old, at $74,566. Overall, the median household income for the village of Shepherd stands at $64,737.
In Shepherd, the median income for all workers aged 15 years and older, regardless of work hours, was $36,819 for males and $30,582 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,821 for males and $42,730 for females.
In Shepherd, there are just two different racial groups among households. Among these, American Indian and Alaska Native households report a median household income of $73,525, while White households have a median household income of $64,561.
In 2022, the population of Shepherd was 1,510, a 0.67% increase year-by-year from 2021. Previously, in 2021, Shepherd's population was 1,500, an increase of 0.27% compared to a population of 1,496 in 2020.
The median age in Shepherd, MI is 34.6, as per 2021 ACS 5-Year Estimates. Of the total population, 22.47% were under the age of 15, 18.82% aged 15 to 29, 44.57% aged 30 to 64, 12.62% aged 65 to 84, and 1.53% were 85 years of age and older.
Racial distribution of Shepherd population: 90.88% are White, 1.46% are Black or African American, 2.04% are American Indian and Alaska Native and 5.62% are multiracial.