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Carp Lake, MI

Full City Profile · Michigan · Emmet County County

2.1 /5.0
C Fair
407 Population 198/sq mi density
$27,318 Median Income $21,835 per capita
$170,800 Home Value $244,655 Zillow
$565 Median Rent 28.8% income on rent
42°F Avg Temperature 258 sunny days/yr
247 Violent Crime/100K 5,062 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$27,318 median income, 3.5% unemployment
B
Affordability
3.1 / 5.0
$170,800 home value, $565/mo rent
F
Safety
1.0 / 5.0
247 violent crimes/100K
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher

Income Overview

Median Household Income
$27,318
64% below
US avg: $75,149
Per Capita Income
$21,835
44% below
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
32.4%
161% above
US avg: 12.4%

Income Comparison: Carp Lake vs. U.S. Average

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

Median Household
US: $75,149
$27,318
36%
Per Capita
US: $39,052
$21,835
56%
IRS Avg AGI
US: $72,000
$92,368
128%
Avg Weekly Wage
US: $1,432
$1,066
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,066
26% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
3.4%
78% below US avg (15.2%)
Drive Alone
94.3%
29% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,559M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 94.3%
Public Transit 0%
Work From Home 3.4%
Other 2.3%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,558
Restaurants
145
Healthcare
188
Retail
248
Manufacturing
59

Tax & Financial

IRS Avg Adjusted Gross Income
$92,368
28% above US avg ($72,000)
Avg Property Tax
$10,226
192% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$27,318
Per Capita Income$21,835
IRS Avg Adjusted Gross Income$92,368
Avg Weekly Wage$1,066
County GDP$2,559M

Hardship Indicators

Unemployment Rate3.5%
Poverty Rate32.4%
Gini Coefficient0.463
Cost of Living Index96.2

Commute

Mean Commute22 minutes
Drive Alone94.3%
Public Transit0.0%
Work From Home3.4%

Businesses

Total Establishments1,558
Restaurants145
Healthcare188
Retail248
Manufacturing59

Tax

IRS Avg AGI$92,368
Avg Property Tax$10,226