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Millers Lake, MI

Full City Profile · Michigan · Lapeer County County

3.6 /5.0
B+ Good
505 Population 334/sq mi density
$68,068 Median Income $22,031 per capita
$216,000 Home Value $219,251 Zillow
47°F Avg Temperature 260 sunny days/yr
432 Violent Crime/100K 3,785 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$68,068 median income, 0.0% unemployment
A+
Affordability
4.9 / 5.0
$216,000 home value, /mo rent
F
Safety
1.0 / 5.0
432 violent crimes/100K (14% above avg)
A+
Education
5.0 / 5.0
59.5% bachelor's degree or higher

Housing Overview

Median Home Value
$216,000
23% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
299
Median year built: 1953

Home Value by Source

Census Median
$216,000
Zillow (ZHVI)
$219,251
Median Sale Price
$319,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
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

Market Indicators (Redfin)

Median Days on Market
198 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$319
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Census Median Value$216,000
Zillow Home Value (ZHVI)$219,251
Median Sale Price$319,000
Price Per Sq Ft$319

Rent

FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market198
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$319

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units299
Median Year Built1953
Rent Burden31.0%