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ZipNumbers

Michigan · Census place 46040

Lapeer city, MI

Quick answer

Lapeer city has 9,053 residents, ranking #110 of 745 places in Michigan. Median household income is $53,038, the median home is worth $165,300 and median gross rent runs $947 a month.

Population
9,053Lapeer city residents
Median household income
$53,038Past 12 months, inflation adjusted
Median home value
$165,300Owner-occupied units
Median gross rent
$947Rent plus utilities, monthly
Median age
38.8 yrsAll residents
Homeownership rate
49.9%Owner-occupied households

What the numbers mean in Lapeer city

Housing cost measured against local earnings.

A household earning the Lapeer city median would spend about 21.4% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21% of residents and 49.9% 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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