Bear Lake, MI

Full City Profile · Michigan · Crawford County County

3.8 /5.0
B+ Good
245 Population 46/sq mi density
$53,750 Median Income $37,853 per capita
$143,100 Home Value $321,280 Zillow
42°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$53,750 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$143,100 home value, /mo rent
B
Education
3.0 / 5.0
25.2% bachelor's degree or higher

Bear Lake, MI

At a Glance

Median Income
$53,750
28% below
$37,853 per capita
Home Value
$143,100
49% below
Zillow: $321,280
Bachelor's Degree+
25.2%
25% below
97.9% high school+
Unemployment
6.3%
75% above
3.3% poverty rate
Obesity Rate
34.8%
8% above
14.6% smoking rate
Avg Temperature
42°F

How Bear Lake Compares to the U.S. Average

Each bar shows Bear Lake's value as a percentage of the national average (100% = U.S. avg)

Income
72%
Home Value
51%
Poverty
27%
Bachelor's
75%
Unemployment
175%
Thin vertical line = U.S. national average (100%)

Is Bear Lake a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Bear Lake residents earn a median household income of $53,750 , which is 28% below the national average of $75,149. Per capita income is $37,853. The unemployment rate stands at 6.3% (75% above the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 278 business establishments, including 45 restaurants.

Housing & Cost of Living

The median home value in Bear Lake is $143,100 , 49% below the national median of $281,900. Zillow estimates the typical home at $321,280. The cost of living index is 96.2 (100 = national average). The median home was built in 1979.

Education

25.2% of adults in Bear Lake hold a bachelor's degree or higher (25% below the national average). 97.9% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Bear Lake has an average annual temperature of 42°F (5°C). Winters average 17°F in January while summers reach 65°F in July. Annual precipitation totals 36.5 inches.

Data Overview

People

Population245
Median Age70.1 yrs
Density46/mi²
Male / Female41% / 59%
Foreign Born2.4%
Veterans6.0%

Economy

B
Median Income$53,750
Per Capita$37,853
Unemployment6.3%
Poverty3.3%
County GDP$563M
Avg Weekly Wage$1,003

Housing

A+
Home Value$143,100
Rent
Ownership93.8%
Zillow$321,280
Housing Units644
Rent Burden29.8%

Health

Obesity34.8%
Diabetes9.6%
Smoking14.6%
Heart Disease6.0%
Premature Death8,506/100K

Climate

Avg Temp42°F
Rain36.5 in/yr
Elevation1,217 ft

Education

B
Bachelor's+25.2%
High School+97.9%
Graduate+7.0%
School Score6.0/10

Community

2024 VoteR 66% / D 32%
Commute23 min
Broadband95.9%
Internet Speed100 Mbps
EV Stations9
Libraries2

Did You Know?

The median home in Bear Lake was built in 1979.
The nearest airport is Gaylord Regional (24 miles).
The Gini coefficient (income inequality) is 0.401 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
30.6% of the population has a disability.
The county recorded 2 fatal vehicle crashes.