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Michigan · Census place 44880

Lake Odessa village, MI

Quick answer

Lake Odessa village has 2,174 residents, ranking #294 of 745 places in Michigan. Median household income is $71,157, the median home is worth $150,300 and median gross rent runs $688 a month.

Population
2,174Lake Odessa village residents
Median household income
$71,157Past 12 months, inflation adjusted
Median home value
$150,300Owner-occupied units
Median gross rent
$688Rent plus utilities, monthly
Median age
35 yrsAll residents
Homeownership rate
79.8%Owner-occupied households

What the numbers mean in Lake Odessa village

Housing cost measured against local earnings.

A household earning the Lake Odessa village median would spend about 11.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.5% of residents and 79.8% 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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