Lake, MI

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Lake, MI: Quick Facts & Overview

  • Population: 5,268 residents (94 people per sq. mi.)
  • Average House Price: $140,724
  • Average Household Income: $57,036

Lake, MI is located in the state of Michigan. It is home to about 5,268 people, with around 94 residents living in every square mile.

If you want to buy a house in Lake, the average price is around $140,724. That makes local housing 37% lower than the Michigan average of $221,733, and 54% lower than the national average of $308,592.

The average household in Lake earns about $57,036 a year. This income is 22% lower than the average family in Michigan ($73,374), and 28% lower than the national average ($78,686).

Population 5,268
Median Household Income $57,036
Median Home Value $140,724
Median Age 48.9 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$24,945
Labor Force Participation46.5%
Unemployment Rate5.8%
Average Commute Time32.7 mins

Housing & Community Metrics

Home Ownership Rate91.9%
Median Rent$907
Rent Burdened (>30% Income)32.2%
Total Housing Units2,019

Additional Census & Housing Profile

Geographic Overview

CountyClare
County FIPS26035
Metro Area (CBSA)-
Population Density94.3/sq mi
Coordinates (lat/lng)43.8520, -85.0053
TimezoneAmerica/Detroit
National Ranking4
IncorporatedNo

Household Structure

Average Family Size3.08
Dual Income Families33.0%

Marital Status

Married51.6%
Never Married26.3%
Divorced15.1%
Widowed7.1%

Gender

Male52.0%
Female48.0%

Health & Poverty

Uninsured Rate (Health)7.6%
Poverty Rate17.3%

Key Population Groups

Veterans9.7%
Disabled Population25.1%
Limited English Proficiency-

All ZIP Codes in Lake

ZIP Code Population Median Household Income Median Home Value
48632 5,268 $57,036 $140,724

Nearby Cities

City Distance Population
Farwell, MI 6.9 miles 974
Barryton, MI 9.8 miles 394
Weidman, MI 10.5 miles 1,156
Clare, MI 12.2 miles 3,324
Beal City, MI 13.5 miles 293
Evart, MI 13.8 miles 1,667
Lake Isabella, MI 14.5 miles 2,085
Harrison, MI 15 miles 2,110
Rosebush, MI 15.9 miles 331
Loomis, MI 17.5 miles 200
Marion, MI 18.5 miles 581
Mecosta, MI 19.5 miles 464
Mount Pleasant, MI 21 miles 21,236
Coleman, MI 21.8 miles 1,206
Hersey, MI 21.8 miles 360
Winn, MI 23.6 miles 226
Canadian Lakes, MI 23.7 miles 2,991
Reed City, MI 25 miles 2,517
Paris, MI 25.5 miles 202
Beaverton, MI 25.8 miles 1,061
Le Roy, MI 25.8 miles 202
Big Rapids, MI 26 miles 8,477
McBain, MI 26 miles 706
Gladwin, MI 27.3 miles 3,098
Falmouth, MI 27.3 miles 222
Shepherd, MI 27.6 miles 1,457
Tustin, MI 28.4 miles 203
Stanwood, MI 29 miles 162
Edmore, MI 30.8 miles 1,514
Lakeview, MI 31.3 miles 1,030
Morley, MI 33.3 miles 624
Sanford, MI 33.4 miles 716
Riverdale, MI 33.5 miles 216
Houghton Lake, MI 33.6 miles 5,769
Wedgewood, MI 33.7 miles 241
Cadillac, MI 34.2 miles 10,445
Lake City, MI 34.5 miles 705
McBride, MI 34.6 miles 195
Elm Hall, MI 34.9 miles 228
Prudenville, MI 35.3 miles 1,350
Haring, MI 35.6 miles 199
Luther, MI 36.1 miles 303
Jennings, MI 36.2 miles 254
St. Louis, MI 36.4 miles 7,367
Alma, MI 37 miles 9,396
Stanton, MI 38.8 miles 1,285
Howard City, MI 39.2 miles 1,636
Breckenridge, MI 40.5 miles 1,517
Crystal, MI 40.8 miles 1,114
Trufant, MI 40.8 miles 572
Midland, MI 41.7 miles 42,724
Baldwin, MI 42.3 miles 1,261
Manton, MI 43.3 miles 1,511
White Cloud, MI 43.5 miles 1,280
Ithaca, MI 43.8 miles 2,817
Pierson, MI 44.3 miles 119
Sheridan, MI 44.6 miles 746
Merrill, MI 45.4 miles 798
St. Helen, MI 45.8 miles 2,929
Harrietta, MI 46.8 miles 230
Carson City, MI 47 miles 1,233
West Branch, MI 48 miles 2,225
Greenville, MI 48.1 miles 8,995
Roscommon, MI 48.7 miles 1,118
Hemlock, MI 48.9 miles 1,529
Perrinton, MI 49.2 miles 513
Auburn, MI 49.5 miles 2,124
Newaygo, MI 50 miles 2,512
Freeland, MI 50.2 miles 7,557
Sterling, MI 50.6 miles 448