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
Compare with nearby places
Places of similar size in Michigan.
- Cass City village 2,189
- Bronson city 2,183
- West Branch city 2,177
- Leslie city 2,167
- Clio city 2,165
- Yale city 2,157
- Morenci city 2,149
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