Carp Lake, MI

Full City Profile · Michigan · Emmet County County

2.3 /5.0
C Fair
407 Population 198/sq mi density
$27,318 Median Income $21,835 per capita
$170,800 Home Value $253,956 Zillow
$565 Median Rent 28.8% income on rent
43°F Avg Temperature
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Economy
1.4 / 5.0
$27,318 median income, 8.3% unemployment
B
Affordability
3.1 / 5.0
$170,800 home value, $565/mo rent
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher

Carp Lake, MI

At a Glance

Median Income
$27,318
64% below
$21,835 per capita
Home Value
$170,800
39% below
Zillow: $253,956
Median Rent
$565/mo
51% below
28.8% of income on rent
Bachelor's Degree+
16.3%
52% below
95.4% high school+
Unemployment
8.3%
131% above
32.4% poverty rate
Obesity Rate
36.1%
12% above
18.4% smoking rate
Avg Temperature
43°F

How Carp Lake Compares to the U.S. Average

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

Income
36%
Home Value
61%
Rent
49%
Poverty
261%
Bachelor's
48%
Unemployment
231%
Thin vertical line = U.S. national average (100%)

Is Carp Lake a Good Place to Live?

C
2.3 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Carp Lake residents earn a median household income of $27,318 , which is 64% below the national average of $75,149. Per capita income is $21,835. The unemployment rate stands at 8.3% (131% above the U.S. rate of 3.6%). 32.4% of residents live below the poverty line. The area is home to 1,558 business establishments, including 145 restaurants.

Housing & Cost of Living

The median home value in Carp Lake is $170,800 , 39% below the national median of $281,900. Zillow estimates the typical home at $253,956. Median rent is $565/month, with 28.8% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1977.

Education

16.3% of adults in Carp Lake hold a bachelor's degree or higher (52% below the national average). 95.4% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Carp Lake has an average annual temperature of 43°F (6°C). Winters average 18°F in January while summers reach 66°F in July. Annual precipitation totals 30.0 inches.

Data Overview

People

Population407
Median Age40.3 yrs
Density198/mi²
Male / Female46% / 54%
Foreign Born0.0%
Veterans4.6%

Economy

F
Median Income$27,318
Per Capita$21,835
Unemployment8.3%
Poverty32.4%
County GDP$2,559M
Avg Weekly Wage$1,066

Housing

B
Home Value$170,800
Rent$565
Ownership67.7%
Zillow$253,956
Housing Units459
Rent Burden28.8%

Health

Obesity36.1%
Diabetes10.2%
Smoking18.4%
Heart Disease6.3%
Premature Death6,730/100K

Climate

Avg Temp43°F
Rain30.0 in/yr
Elevation733 ft

Education

C
Bachelor's+16.3%
High School+95.4%
Graduate+8.6%
School Score6.1/10

Community

2024 VoteR 55% / D 44%
Commute22 min
Broadband81.9%
Internet Speed176 Mbps
EV Stations9
Libraries5

Did You Know?

The median home in Carp Lake was built in 1977.
The nearest airport is Pellston Regional/Emmet County (9 miles).
The Gini coefficient (income inequality) is 0.463 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
25.6% of the population has a disability.
Average internet download speed is 176 Mbps.
There are 145 restaurants in the area.
The county recorded 6 fatal vehicle crashes.