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Lathrup Village, MI
Full City Profile · Michigan · Oakland County County
Lathrup Village, MI
At a Glance
How Lathrup Village Compares to the U.S. Average
Each bar shows Lathrup Village's value as a percentage of the national average (100% = U.S. avg)
Is Lathrup Village a Good Place to Live?
Economy & Jobs
Lathrup Village residents earn a median household income of $99,286 , which is 32% above the national average of $75,149. Per capita income is $54,812. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 43,047 business establishments, including 3,099 restaurants.
Housing & Cost of Living
The median home value in Lathrup Village is $270,900 , 4% below the national median of $281,900. Zillow estimates the typical home at $319,183. Median rent is $1,497/month, with 25.4% 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 1956.
Safety & Crime
Lathrup Village reports 73 violent crimes per 100,000 residents , which is 81% below the national average of 380/100K. Property crime is 849/100K. The murder rate is 0.0/100K.
Education
51.1% of adults in Lathrup Village hold a bachelor's degree or higher (52% above the national average). 94.8% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lathrup Village has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 71°F in July. The area gets 260 sunny days per year. Annual precipitation totals 33.0 inches. Air quality is rated Good with a median AQI of 38.