Lakefield, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Lakefield, MI: Quick Facts & Overview
- Population: 3,024 residents (16 people per sq. mi.)
- Average House Price: $158,597
- Average Household Income: $65,865
Lakefield, MI is located in the state of Michigan. It is home to about 3,024 people, with around 16 residents living in every square mile.
If you want to buy a house in Lakefield, the average price is around $158,597. That makes local housing 28% lower than the Michigan average of $221,733, and 49% lower than the national average of $308,592.
The average household in Lakefield earns about $65,865 a year. This income is 10% lower than the average family in Michigan ($73,374), and 16% lower than the national average ($78,686).
Population
3,024
Median Household Income
$65,865
Median Home Value
$158,597
Median Age
45.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,461 |
| Labor Force Participation | 53.2% |
| Unemployment Rate | 11.9% |
| Average Commute Time | 33.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 91.3% |
| Median Rent | $740 |
| Rent Burdened (>30% Income) | 26.3% |
| Total Housing Units | 1,257 |
Additional Census & Housing Profile
Geographic Overview
| County | Saginaw |
| County FIPS | 26145 |
| Metro Area (CBSA) | Saginaw, MI |
| Combined Area (CSA) | Saginaw-Midland-Bay City, MI |
| Population Density | 15.9/sq mi |
| Coordinates (lat/lng) | 43.3464, -84.3305 |
| Timezone | America/Detroit |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 43.9% |
Marital Status
| Married | 59.5% |
| Never Married | 22.6% |
| Divorced | 10.1% |
| Widowed | 7.8% |
Gender
| Male | 50.0% |
| Female | 50.0% |
Health & Poverty
| Uninsured Rate (Health) | 3.1% |
| Poverty Rate | 15.1% |
Key Population Groups
| Veterans | 7.0% |
| Disabled Population | 18.6% |
| Limited English Proficiency | 0.5% |
All ZIP Codes in Lakefield
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 48637 | 3,024 | $65,865 | $158,597 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Merrill, MI | 4.3 miles | 798 |
| Hemlock, MI | 7.1 miles | 1,529 |
| Breckenridge, MI | 8.5 miles | 1,517 |
| St. Charles, MI | 9.8 miles | 1,934 |
| Ashley, MI | 13.2 miles | 483 |
| Shields, MI | 13.8 miles | 7,402 |
| Ithaca, MI | 13.9 miles | 2,817 |
| St. Louis, MI | 14.8 miles | 7,367 |
| Chesaning, MI | 15.4 miles | 2,484 |
| Freeland, MI | 16.2 miles | 7,557 |
| Oakley, MI | 16.2 miles | 257 |
| Alma, MI | 16.5 miles | 9,396 |
| Elsie, MI | 18 miles | 1,000 |
| Henderson, MI | 19.2 miles | 320 |
| Saginaw, MI | 19.8 miles | 112,042 |
| Midland, MI | 19.8 miles | 42,724 |
| Perrinton, MI | 21 miles | 513 |
| Auburn, MI | 21.8 miles | 2,124 |
| Shepherd, MI | 21.9 miles | 1,457 |
| Buena Vista, MI | 22.1 miles | 5,798 |
| Zilwaukee, MI | 22.5 miles | 1,609 |
| Bridgeport, MI | 22.6 miles | 6,884 |
| Burt, MI | 22.8 miles | 1,339 |
| Sanford, MI | 23 miles | 716 |
| Ovid, MI | 23.8 miles | 1,370 |
| New Lothrop, MI | 24.1 miles | 733 |
| Maple Rapids, MI | 24.5 miles | 727 |
| Montrose, MI | 24.9 miles | 2,027 |
| Elm Hall, MI | 25.3 miles | 228 |
| Owosso, MI | 25.5 miles | 14,632 |
| Riverdale, MI | 25.7 miles | 216 |
| Robin Glen-Indiantown, MI | 25.8 miles | 660 |
| St. Johns, MI | 26.4 miles | 7,715 |
| Middletown, MI | 26.5 miles | 799 |
| Corunna, MI | 27.3 miles | 3,037 |
| Bay City, MI | 27.8 miles | 67,120 |
| Birch Run, MI | 27.9 miles | 1,439 |
| Mount Pleasant, MI | 28.2 miles | 21,236 |
| Carson City, MI | 28.3 miles | 1,233 |
| Frankenmuth, MI | 29.7 miles | 5,157 |
| Lake Victoria, MI | 29.8 miles | 1,006 |
| Essexville, MI | 30.6 miles | 3,327 |
| Crystal, MI | 30.6 miles | 1,114 |
| Winn, MI | 31 miles | 226 |
| Hubbardston, MI | 31.1 miles | 464 |
| Coleman, MI | 31.3 miles | 1,206 |
| Fowler, MI | 31.4 miles | 1,387 |
| Flushing, MI | 31.5 miles | 8,284 |
| Laingsburg, MI | 31.5 miles | 1,769 |
| Vernon, MI | 31.9 miles | 697 |
| Lennon, MI | 32 miles | 465 |
| Clio, MI | 32.1 miles | 2,185 |
| Rosebush, MI | 32.7 miles | 331 |
| Reese, MI | 33 miles | 1,274 |
| Durand, MI | 34.6 miles | 3,483 |
| Loomis, MI | 34.8 miles | 200 |
| Bancroft, MI | 35.1 miles | 469 |
| Pewamo, MI | 35.3 miles | 439 |
| Mount Morris, MI | 35.5 miles | 3,117 |
| Edmore, MI | 35.7 miles | 1,514 |
| McBride, MI | 35.9 miles | 195 |
| Morrice, MI | 36 miles | 1,550 |
| Beecher, MI | 36.2 miles | 8,412 |
| Beal City, MI | 36.6 miles | 293 |
| Swartz Creek, MI | 36.7 miles | 5,853 |
| Perry, MI | 36.7 miles | 2,073 |
| Palo, MI | 36.8 miles | 375 |
| Bath, MI | 36.9 miles | 2,896 |
| Westphalia, MI | 37.2 miles | 980 |
| DeWitt, MI | 37.3 miles | 4,777 |
| Shaftsburg, MI | 37.4 miles | 441 |
| Stanton, MI | 37.8 miles | 1,285 |
| Beaverton, MI | 37.8 miles | 1,061 |
| Vassar, MI | 37.9 miles | 2,707 |
| Sheridan, MI | 38.6 miles | 746 |
| Muir, MI | 38.9 miles | 490 |
| Gaines, MI | 39 miles | 552 |
| Flint, MI | 39.1 miles | 295,285 |
| Lake Isabella, MI | 39.4 miles | 2,085 |
| Clare, MI | 39.6 miles | 3,324 |
| Pinconning, MI | 39.8 miles | 1,448 |
| Lyons, MI | 39.9 miles | 896 |
| Weidman, MI | 40.5 miles | 1,156 |
| Wacousta, MI | 40.6 miles | 1,711 |
| Millington, MI | 40.7 miles | 1,122 |
| Byron, MI | 41 miles | 617 |
| Haslett, MI | 41.2 miles | 18,559 |
| Fairgrove, MI | 41.4 miles | 547 |
| East Lansing, MI | 42.1 miles | 45,758 |
| Otisville, MI | 42.4 miles | 988 |
| Farwell, MI | 43.2 miles | 974 |
| Burton, MI | 43.3 miles | 29,500 |
| Edgemont Park, MI | 43.5 miles | 2,551 |
| Portland, MI | 43.7 miles | 3,790 |
| Akron, MI | 43.7 miles | 336 |
| Okemos, MI | 44.5 miles | 26,396 |
| Waverly, MI | 44.6 miles | 23,575 |
| Gladwin, MI | 44.7 miles | 3,098 |
| Otter Lake, MI | 44.8 miles | 379 |
| Lansing, MI | 45.2 miles | 328,527 |