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Michigan · Census place 44460

Lake Ann village, MI

Quick answer

Lake Ann village has 235 residents, ranking #659 of 745 places in Michigan. Median household income is $87,500, the median home is worth $329,400 and median gross rent runs $1,219 a month.

Population
235Lake Ann village residents
Median household income
$87,500Past 12 months, inflation adjusted
Median home value
$329,400Owner-occupied units
Median gross rent
$1,219Rent plus utilities, monthly
Median age
45.4 yrsAll residents
Homeownership rate
78.4%Owner-occupied households

What the numbers mean in Lake Ann village

Housing cost measured against local earnings.

A household earning the Lake Ann village median would spend about 16.7% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.6% of residents and 78.4% of households own their home.

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

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