Three Lakes, MI
Full City Profile · Michigan · Baraga County County
4.7
/5.0
A+
Excellent
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
A+
Overall
4.7 / 5.0
Strong
A+
Economy
5.0 / 5.0
$105,833 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$258,300 home value, /mo rent
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher
Top Industries in Three Lakes (4)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
520 jobs
22 firms
$62,086/yr
Retail Trade
153 jobs
24 firms
$32,026/yr
Construction
79 jobs
16 firms
$65,629/yr
Wholesale Trade
52 jobs
5 firms
$76,109/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Manufacturing
2.13
Retail Trade
0.52
Construction
0.51
Wholesale Trade
0.44
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 520 | 22 | $1,194 | $62,086 | 2.13 |
| Retail Trade | 153 | 24 | $616 | $32,026 | 0.52 |
| Construction | 79 | 16 | $1,262 | $65,629 | 0.51 |
| Wholesale Trade | 52 | 5 | $1,464 | $76,109 | 0.44 |