Fife Lake, MI

Full City Profile · Michigan · Grand Traverse County County

4.1 /5.0
A Great
359 Population 492/sq mi density
$67,188 Median Income $38,253 per capita
$185,200 Home Value $245,923 Zillow
$1,000 Median Rent 33.0% income on rent
43°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$67,188 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$185,200 home value, $1,000/mo rent
C+
Education
3.0 / 5.0
24.4% bachelor's degree or higher

Fife Lake, MI

At a Glance

Median Income
$67,188
11% below
$38,253 per capita
Home Value
$185,200
34% below
Zillow: $245,923
Median Rent
$1,000/mo
14% below
33.0% of income on rent
Bachelor's Degree+
24.4%
28% below
95.3% high school+
Unemployment
2.1%
42% below
4.5% poverty rate
Obesity Rate
35.9%
12% above
14.6% smoking rate
Avg Temperature
43°F

How Fife Lake Compares to the U.S. Average

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

Income
89%
Home Value
66%
Rent
86%
Poverty
36%
Bachelor's
72%
Unemployment
58%
Thin vertical line = U.S. national average (100%)

Is Fife Lake a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fife Lake residents earn a median household income of $67,188 , which is 11% below the national average of $75,149. Per capita income is $38,253. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 4.5% of residents live below the poverty line. The area is home to 3,762 business establishments, including 290 restaurants.

Housing & Cost of Living

The median home value in Fife Lake is $185,200 , 34% below the national median of $281,900. Zillow estimates the typical home at $245,923. Median rent is $1,000/month, with 33.0% 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 1980.

Education

24.4% of adults in Fife Lake hold a bachelor's degree or higher (28% below the national average). 95.3% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Fife Lake has an average annual temperature of 43°F (6°C). Winters average 18°F in January while summers reach 67°F in July. Annual precipitation totals 35.3 inches.

Data Overview

People

Population359
Median Age49.3 yrs
Density492/mi²
Male / Female55% / 45%
Foreign Born0.6%
Veterans13.1%

Economy

A
Median Income$67,188
Per Capita$38,253
Unemployment2.1%
Poverty4.5%
County GDP$7,470M
Avg Weekly Wage$1,140

Housing

A+
Home Value$185,200
Rent$1,000
Ownership86.2%
Zillow$245,923
Housing Units226
Rent Burden33.0%

Health

Obesity35.9%
Diabetes8.7%
Smoking14.6%
Heart Disease5.4%
Premature Death6,589/100K

Climate

Avg Temp43°F
Rain35.3 in/yr
Elevation1,023 ft

Education

C+
Bachelor's+24.4%
High School+95.3%
Graduate+5.2%
School Score5.8/10

Community

2024 VoteR 50% / D 48%
Commute37 min
Broadband96.9%
Internet Speed152 Mbps
EV Stations2
Libraries6

Did You Know?

The median home in Fife Lake was built in 1980.
The nearest airport is Gaylord Regional (44 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.0% of the population has a disability.
Average internet download speed is 152 Mbps.
There are 290 restaurants in the area.
The county recorded 14 fatal vehicle crashes.