Skip to content
ZipNumbers

Michigan · Census place 06460

Bear Lake village, MI

Quick answer

Bear Lake village has 265 residents, ranking #644 of 745 places in Michigan. Median household income is $54,886, the median home is worth $126,400 and median gross rent runs $1,000 a month.

Population
265Bear Lake village residents
Median household income
$54,886Past 12 months, inflation adjusted
Median home value
$126,400Owner-occupied units
Median gross rent
$1,000Rent plus utilities, monthly
Median age
43.5 yrsAll residents
Homeownership rate
94.1%Owner-occupied households

What the numbers mean in Bear Lake village

Housing cost measured against local earnings.

A household earning the Bear Lake village median would spend about 21.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.9% of residents and 94.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Michigan.

More Michigan coverage.