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Central Lake, MI

Full City Profile · Michigan · Antrim County County

4.0 /5.0
A Great
976 Population 996/sq mi density
$58,900 Median Income $23,458 per capita
$152,800 Home Value $327,850 Zillow
$994 Median Rent 23.8% income on rent
46°F Avg Temperature 270 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A
Economy
4.2 / 5.0
$58,900 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$152,800 home value, $994/mo rent
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher

Income Overview

Median Household Income
$58,900
22% below
US avg: $75,149
Per Capita Income
$23,458
40% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$58,900
78%
Per Capita
US: $39,052
$23,458
60%
IRS Avg AGI
US: $72,000
$79,571
111%
Avg Weekly Wage
US: $1,432
$826
58%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$826
42% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
5.6%
63% below US avg (15.2%)
Drive Alone
74.8%
2% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$855M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.8%
Public Transit 0%
Work From Home 5.6%
Other 19.6%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
599
Restaurants
60
Healthcare
51
Retail
98
Manufacturing
41

Tax & Financial

IRS Avg Adjusted Gross Income
$79,571
11% above US avg ($72,000)
Avg Property Tax
$8,941
155% 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$58,900
Per Capita Income$23,458
IRS Avg Adjusted Gross Income$79,571
Avg Weekly Wage$826
County GDP$855M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate4.9%
Gini Coefficient0.428
Cost of Living Index96.2

Commute

Mean Commute23 minutes
Drive Alone74.8%
Public Transit0.0%
Work From Home5.6%

Businesses

Total Establishments599
Restaurants60
Healthcare51
Retail98
Manufacturing41

Tax

IRS Avg AGI$79,571
Avg Property Tax$8,941