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Lake Ann, MI

Full City Profile · Michigan · Grand Traverse County County

3.4 /5.0
B Good
235 Population 522/sq mi density
$87,500 Median Income $49,832 per capita
$329,400 Home Value $386,757 Zillow
$1,219 Median Rent 29.4% income on rent
46°F Avg Temperature 270 sunny days/yr
305 Violent Crime/100K 1,840 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$87,500 median income, 5.0% unemployment
A+
Affordability
4.6 / 5.0
$329,400 home value, $1,219/mo rent
F
Safety
1.0 / 5.0
305 violent crimes/100K
B+
Education
3.9 / 5.0
36.1% bachelor's degree or higher

Lake Ann, MI

At a Glance

Median Income
$87,500
16% above
$49,832 per capita
Home Value
$329,400
17% above
Zillow: $386,757
Median Rent
$1,219/mo
5% above
29.4% of income on rent
Violent Crime
305/100K
20% below
1,840/100K property
Bachelor's Degree+
36.1%
7% above
96.7% high school+
Unemployment
5.0%
39% above
0.0% poverty rate
Obesity Rate
34.5%
7% above
12.8% smoking rate
Avg Temperature
46°F
270 sunny days/yr

How Lake Ann Compares to the U.S. Average

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

Income
116%
Home Value
117%
Rent
105%
Poverty
0%
Bachelor's
107%
Unemployment
139%
Crime
80%
Thin vertical line = U.S. national average (100%)

Is Lake Ann a Good Place to Live?

B
3.4 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Ann residents earn a median household income of $87,500 , which is 16% above the national average of $75,149. Per capita income is $49,832. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). 0.0% 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 Lake Ann is $329,400 , 17% above the national median of $281,900. Zillow estimates the typical home at $386,757. Median rent is $1,219/month, with 29.4% 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 1976.

Safety & Crime

Lake Ann reports 305 violent crimes per 100,000 residents , which is 20% below the national average of 380/100K. Property crime is 1,840/100K.

Education

36.1% of adults in Lake Ann hold a bachelor's degree or higher (7% above the national average). 96.7% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Lake Ann has an average annual temperature of 46°F (8°C). Winters average 22°F in January while summers reach 69°F in July. The area gets 270 sunny days per year. Annual precipitation totals 35.7 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population235
Median Age45.4 yrs
Density522/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans7.5%

Economy

A
Median Income$87,500
Per Capita$49,832
Unemployment5.0%
Poverty0.0%
County GDP$7,470M
Avg Weekly Wage$1,140

Housing

A+
Home Value$329,400
Rent$1,219
Ownership78.4%
Zillow$386,757
Housing Units200
Rent Burden29.4%

Crime

F
Violent305/100K
Property1,840/100K

Health

Obesity34.5%
Diabetes8.4%
Smoking12.8%
Heart Disease5.1%
Premature Death6,589/100K

Climate

Avg Temp46°F
Sunny Days270/yr
Rain35.7 in/yr
AQI38 (Good)
Elevation816 ft

Education

B+
Bachelor's+36.1%
High School+96.7%
Graduate+10.2%
School Score5.8/10

Community

2024 VoteR 50% / D 48%
Commute22 min
Broadband92.2%
Internet Speed152 Mbps
EV Stations5
Libraries6

Did You Know?

The median home in Lake Ann was built in 1976.
The nearest airport is Gaylord Regional (59 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 152 Mbps.
There are 290 restaurants in the area.
The county recorded 14 fatal vehicle crashes.