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Bear Lake, MI
Full City Profile · Michigan · Crawford County County
3.4
/5.0
B
Good
265
Population
46/sq mi density
$54,886
Median Income
$25,865 per capita
$126,400
Home Value
$296,765 Zillow
$1,000
Median Rent
29.8% income on rent
43°F
Avg Temperature
270 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$54,886 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$126,400 home value, $1,000/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
19.6% bachelor's degree or higher
Housing Overview
Median Home Value
$126,400
55% below
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
94.1%
44% above US avg (65.4%)
Total Housing Units
644
Median year built: 1979
Home Value by Source
Census Median
$126,400
Zillow (ZHVI)
$296,765
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.1%
Owner-Occupied
5.9%
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
Census median rent:
$1,000/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
94.1%
Complete Housing Data
Home Values
| Census Median Value | $126,400 |
| Zillow Home Value (ZHVI) | $296,765 |
Rent
| Census Median Rent | $1,000 |
| 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 | 94.1% |
| Renter-Occupied | 5.9% |
| Homeownership Rate | 94.1% |
| Total Housing Units | 644 |
| Median Year Built | 1979 |
| Rent Burden | 29.8% |