All Countries
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
Housing Overview
Median Home Value
$329,400
17% above
US avg: $281,900
Median Rent
$1,219/mo
5% above
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
200
Median year built: 1976
Home Value by Source
Census Median
$329,400
Zillow (ZHVI)
$386,757
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.4%
Owner-Occupied
21.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,219/mo
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
78.4%
Complete Housing Data
Home Values
| Census Median Value | $329,400 |
| Zillow Home Value (ZHVI) | $386,757 |
Rent
| Census Median Rent | $1,219 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 78.4% |
| Renter-Occupied | 21.6% |
| Homeownership Rate | 78.4% |
| Total Housing Units | 200 |
| Median Year Built | 1976 |
| Rent Burden | 29.4% |