Michigan · Census place 44520
Lake Fenton CDP, MI
Quick answer
Lake Fenton CDP has 6,168 residents, ranking #154 of 745 places in Michigan. Median household income is $112,676, the median home is worth $372,800 and median gross rent runs $1,343 a month.
- Population
- 6,168Lake Fenton CDP residents
- Median household income
- $112,676Past 12 months, inflation adjusted
- Median home value
- $372,800Owner-occupied units
- Median gross rent
- $1,343Rent plus utilities, monthly
- Median age
- 51.1 yrsAll residents
- Homeownership rate
- 89.4%Owner-occupied households
What the numbers mean in Lake Fenton CDP
Housing cost measured against local earnings.
A household earning the Lake Fenton CDP median would spend about 14.3% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.8% of residents and 89.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Huntington Woods city 6,322
- Manistee city 6,275
- Ishpeming city 6,173
- Rockford city 6,162
- Northville city 6,080
- Milan city 6,070
- Holly village 5,971
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