Three Lakes, MI

Michigan

Three Lakes is a small town in Michigan with a population of 222. Residents earn $105,833 per year, which is 41% above the national average.

4.7 /5.0
A+ Excellent
222 Population 37/sq mi density
$105,833 Median Income $47,645 per capita
$258,300 Home Value
39°F Avg Temperature 249 sunny days/yr
A+
Overall
4.7 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,833 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$258,300 home value
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher
Median Income $105,833
41% higher than US avg
Home Value $258,300
8% lower than US avg
Bachelor's+ 37.7%
12% higher than US avg
Obesity Rate 40.0%
25% higher than US avg
Unemployment 0.9%
75% lower than US avg
Poverty Rate 1.2%
90% lower than US avg

How Three Lakes Compares to the U.S. Average (100% = U.S. avg)

People

Population222
Median Age60.5 yrs
Density37/mi²
Male / Female55% / 45%
Largest GroupWhite 95%
Veterans17.2%

Economy

A+
Median Income$105,833
Per Capita$47,645
Unemployment0.9%
Poverty1.2%
County GDP$374M
Commute43 min

Housing

A+
Home Value$258,300
RentN/A
OwnershipN/A
Housing Units253

Health

Obesity40.0%
Uninsured8.2%
Smoking20.2%
Depression31.9%
Heart Disease6.7%

Climate

Avg Temp39°F (4°C)
AQI38 (Good)
Rain38.3 in/yr
Sunny Days249/yr
Elevation1,634 ft (498 m)

Education

A
Bachelor's+37.7%
High School+99.0%
Graduate+9.1%
School Score5.23

Community

2024 VoteR 64% / D 34%
Commute43 min
Broadband91.0%
Libraries1

Is Three Lakes a Good Place to Live?

Based on current data, Three Lakes receives an overall livability score of 4.7 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, abundant sunshine. Areas to be aware of include long commute times, high obesity rates. Three Lakes stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Three Lakes is $105,833, which is significantly higher than the national average — 41% above $75,149. This places Three Lakes among higher-income communities. The job market is very strong with unemployment at just 0.9%. Only 1.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 43 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Three Lakes is $258,300, roughly aligned with the national median of $281,900. At just 2.4x median income, home prices are very affordable relative to local earnings.

Education

Educational attainment is solid, with 37.7% holding a bachelor's degree or higher, near the national average. 99.0% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Three Lakes has a cool climate with an average annual temperature of 39°F. Winters average 13°F in January while summers reach 64°F in July. The area gets 249 sunny days per year. Annual precipitation totals 38.3 inches, including 207.8 inches of snow. Air quality is rated Good with a median AQI of 38.

Three Lakes has a population of 222 with a density of 37 people per square mile. The median age is 60.5 years, 56% older than the national median of 38.9. The city is predominantly White (94.6%), with 4.1% Hispanic.

Population

222
Total Population
37
People / sq mi
60.5yrs
Median Age
56% above US avg
6.0mi²
Land Area

Gender Distribution

Male 55%
Female 45%

Race & Ethnicity

Three Lakes vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Three Lakes vs U.S. Average

The median household income in Three Lakes is $105,833, which is 41% above the national average of $75,149. The unemployment rate is 0.9% (below the 3.6% US average). 1.2% of residents live below the poverty line. Workers commute an average of 43 minutes.

Income: Three Lakes vs U.S.

Commute Mode

Income

Median HH Income$105,833
41% above US avg
Per Capita Income$47,645
Avg Weekly Wage$981
IRS Avg AGI$55,390

Employment & Poverty

Unemployment0.9%
75% below US avg
Poverty Rate1.2%
90% below US avg
Establishments (County)211
County GDP$374M

Business (County)

Restaurants21
Healthcare18
Retail28
Manufacturing19

Tax & Cost of Living

Property Tax (IRS)$3,520
1% above US avg
Effective Tax Rate1.36%

Commute & Transportation

Commute Time42.7 min
Drive Alone65.6%
Public Transit0.0%
Work from Home10.0%

Walkability

The median home value in Three Lakes is $258,300, 8% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$258,300
8% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

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

Ownership & Property

Owner-Occupied93.1%
Housing Units253
Median Year Built1977

Property Tax

Avg Tax (IRS)$3,520
1% above US avg
Effective Rate1.36%
In Three Lakes, 40.0% of adults are obese (above the 32.1% national rate). 8.2% of residents lack health insurance. 20.2% are current smokers. 31.9% report depression. 27.8% are physically inactive.

Health Metrics: Three Lakes vs U.S. Average (%)

Chronic Conditions

Obesity40.0%
25% above US avg
Diabetes11.0%
Heart Disease6.7%
High Blood Pressure33.7%
Asthma12.8%
COPD9.6%
Cancer7.7%
Stroke3.6%

Behaviors & Mental Health

Smoking20.2%
44% above US avg
Binge Drinking17.8%
Physical Inactivity27.8%
Depression31.9%
Mental Distress22.1%
Physical Distress16.0%
Short Sleep38.2%

Healthcare Access

Insurance Rate98.0%
Uninsured8.2%
5% below US avg
Checkup Rate76.7%
Dental Visits58.9%
Premature Death10,296/100K

Food & Exercise

Food Environment7.4/10
Exercise Access17.9%
Healthcare Facilities18
Three Lakes has an average annual temperature of 39°F (4°C). Winters average 13°F in January while summers reach 64°F in July. Annual precipitation is 38.3 inches. The area enjoys 249 sunny days per year. Air quality is rated Good with a median AQI of 38.

Temperature

13°F Jan (-11°C) 64°F Jul (18°C)
Annual Average39.3°F
27% below US avg
January Average13°F (-11°C)
July Average64°F (18°C)
Sunny Days249 days/yr

Precipitation & Snow

Annual Rainfall38.3 inches
1% above US avg
Snowfall207.8 inches/yr

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation1,634 ft (498 m)
Area6.0 sq mi (15.5 km²)
Population Density37/sq mi
Coordinates46.5342°N, 88.1839°W
TimezoneAmerica/Detroit
County FIPS26013
It is classified as Nonmetro — Rural. 37.7% of residents hold a bachelor's degree or higher (12% above US avg). In the 2024 election, the county voted Republican by a 29.8-point margin. 91.0% of households have broadband internet.

2024 Presidential Election (County)

R 64.2%
D 34.4%

Winner: Republican by 29.8 points

Education

Bachelor's Degree+37.7%
12% above US avg
High School+99.0%
Graduate Degree+9.1%
School Test Score5.23
A Education Grade (4.0/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density37/sq mi
Total Area6.0 sq mi

Infrastructure & Services

Broadband Access91.0%
Public Libraries1
Healthcare Facilities18
Restaurants21
Retail Stores28

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute42.7 min
Drive Alone65.6%
Public Transit0.0%
Work from Home10.0%

Nearby Cities

L'Anse, MI 1,916 pop · 19.6 mi West Ishpeming, MI 2,714 pop · 22.4 mi Baraga, MI 1,948 pop · 22.5 mi Ishpeming, MI 6,173 pop · 24.6 mi Negaunee, MI 4,641 pop · 28.3 mi Crystal Falls, MI 1,734 pop · 31.4 mi Trowbridge Park, MI 2,271 pop · 35.3 mi Iron River, MI 3,009 pop · 37.2 mi Marquette, MI 20,691 pop · 37.5 mi Gwinn, MI 1,268 pop · 39.3 mi Harvey, MI 3,080 pop · 39.5 mi K. I. Sawyer, MI 2,791 pop · 41.5 mi Dollar Bay, MI 1,070 pop · 43.7 mi Houghton, MI 8,341 pop · 43.8 mi
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