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
Housing Overview
Median Home Value
$143,100
49% below
US avg: $281,900
Homeownership Rate
93.8%
43% above US avg (65.4%)
Total Housing Units
644
Median year built: 1979
Home Value by Source
Census Median
$143,100
Zillow (ZHVI)
$321,280
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.8%
Owner-Occupied
6.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Affordability & Housing Stock
Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
93.8%
Complete Housing Data
Home Values
| Census Median Value | $143,100 |
| Zillow Home Value (ZHVI) | $321,280 |
Rent
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 93.8% |
| Renter-Occupied | 6.2% |
| Homeownership Rate | 93.8% |
| Total Housing Units | 644 |
| Median Year Built | 1979 |
| Rent Burden | 29.8% |