All Countries
Lake Odessa, MI
Full City Profile · Michigan · Ionia County County
Lake Odessa, MI
At a Glance
How Lake Odessa Compares to the U.S. Average
Each bar shows Lake Odessa's value as a percentage of the national average (100% = U.S. avg)
Is Lake Odessa a Good Place to Live?
Economy & Jobs
Lake Odessa residents earn a median household income of $71,157 , which is 5% below the national average of $75,149. Per capita income is $34,531. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). 6.8% of residents live below the poverty line. The area is home to 1,090 business establishments, including 85 restaurants.
Housing & Cost of Living
The median home value in Lake Odessa is $150,300 , 47% below the national median of $281,900. Zillow estimates the typical home at $250,705. Median rent is $688/month, with 25.0% 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 1964.
Safety & Crime
Lake Odessa reports 98 violent crimes per 100,000 residents , which is 74% below the national average of 380/100K. Property crime is 786/100K. The murder rate is 0.0/100K.
Education
20.4% of adults in Lake Odessa hold a bachelor's degree or higher (39% below the national average). 91.7% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Lake Odessa has an average annual temperature of 47°F (8°C). Winters average 22°F in January while summers reach 71°F in July. The area gets 260 sunny days per year. Annual precipitation totals 35.9 inches. Air quality is rated Good with a median AQI of 38.