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Three Lakes, MI
Full City Profile · Michigan · Baraga County County
3.8
/5.0
B+
Good
222
Population
37/sq mi density
$105,833
Median Income
$47,645 per capita
$258,300
Home Value
$193,218 Zillow
39°F
Avg Temperature
249 sunny days/yr
70
Violent Crime/100K
1,265 property/100K
B+
Overall
3.8 / 5.0
Good 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, /mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher
Income Overview
Median Household Income
$105,833
41% above
US avg: $75,149
Per Capita Income
$47,645
22% above
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
1.2%
90% below
US avg: 12.4%
Income Comparison: Three Lakes vs. U.S. Average
Each bar shows Three Lakes’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$105,833
141%
Per Capita
US: $39,052
$47,645
122%
IRS Avg AGI
US: $72,000
$55,390
77%
Avg Weekly Wage
US: $1,432
$981
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$981
31% below US avg ($1,432)
Mean Commute Time
43 min
55% above US avg (28 min)
Work From Home
10.0%
34% below US avg (15.2%)
Drive Alone
65.6%
10% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$374M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
65.6%
Public Transit
0%
Work From Home
10%
Other
24.4%
Average commute time
43 minutes
US avg: 28 min
Business Landscape
Total Establishments
211
Restaurants
21
Healthcare
18
Retail
28
Manufacturing
19
Tax & Financial
IRS Avg Adjusted Gross Income
$55,390
23% below US avg ($72,000)
Avg Property Tax
$3,520
1% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $105,833 |
| Per Capita Income | $47,645 |
| IRS Avg Adjusted Gross Income | $55,390 |
| Avg Weekly Wage | $981 |
| County GDP | $374M |
Hardship Indicators
| Unemployment Rate | 0.9% |
| Poverty Rate | 1.2% |
| Gini Coefficient | 0.456 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 43 minutes |
| Drive Alone | 65.6% |
| Public Transit | 0.0% |
| Work From Home | 10.0% |
Businesses
| Total Establishments | 211 |
| Restaurants | 21 |
| Healthcare | 18 |
| Retail | 28 |
| Manufacturing | 19 |
Tax
| IRS Avg AGI | $55,390 |
| Avg Property Tax | $3,520 |