Central Lake, MI
Full City Profile · Michigan · Antrim County County
Central Lake, MI
At a Glance
How Central Lake Compares to the U.S. Average
Each bar shows Central Lake's value as a percentage of the national average (100% = U.S. avg)
Is Central Lake a Good Place to Live?
Economy & Jobs
Central Lake residents earn a median household income of $58,900 , which is 22% below the national average of $75,149. Per capita income is $23,458. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 599 business establishments, including 60 restaurants.
Housing & Cost of Living
The median home value in Central Lake is $152,800 , 46% below the national median of $281,900. Zillow estimates the typical home at $352,037. Median rent is $994/month, with 23.8% 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 1967.
Education
23.7% of adults in Central Lake hold a bachelor's degree or higher (30% below the national average). 95.1% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Central Lake has an average annual temperature of 46°F (8°C). Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 32.8 inches.