Is Chitek Lake a Good Place to Live?
Based on current data, Chitek Lake receives an overall livability score of 2.6 out of 5.0, earning a grade of C+. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate. Chitek Lake has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Chitek Lake is $65,000, 14% below the national average of $75,149. At 28.9%, unemployment is notably high. The poverty rate of 31.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 11 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Chitek Lake is $231,833, 18% below the national median — offering relatively affordable homeownership. Renters pay a median of $840 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.6x indicates a reasonably affordable housing market.
Education
3.3% of residents hold a bachelor's degree, below the national average of 33.7%. 29.4% have completed high school.
Climate & Weather
Chitek Lake has a cool climate with an average annual temperature of 34°F. Winters average -0°F in January while summers reach 62°F in July. With 304 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 17.7 inches. Air quality is rated Good with a median AQI of 27.