Michigan · Census place 28000
Fife Lake village, MI
Quick answer
Fife Lake village has 359 residents, ranking #600 of 745 places in Michigan. Median household income is $67,188, the median home is worth $185,200 and median gross rent runs $1,000 a month.
- Population
- 359Fife Lake village residents
- Median household income
- $67,188Past 12 months, inflation adjusted
- Median home value
- $185,200Owner-occupied units
- Median gross rent
- $1,000Rent plus utilities, monthly
- Median age
- 49.3 yrsAll residents
- Homeownership rate
- 86.2%Owner-occupied households
What the numbers mean in Fife Lake village
Housing cost measured against local earnings.
A household earning the Fife Lake village median would spend about 17.9% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 86.2% 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.
- Vandalia village 369
- Grand Beach village 368
- Manistee Lake CDP 364
- Leonard village 359
- Jasper CDP 358
- Painesdale CDP 353
- Zeba CDP 353
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