Michigan · Census place 71360
Sand Lake village, MI
Quick answer
Sand Lake village has 480 residents, ranking #556 of 745 places in Michigan. Median household income is $32,083, the median home is worth $152,800 and median gross rent runs $561 a month.
- Population
- 480Sand Lake village residents
- Median household income
- $32,083Past 12 months, inflation adjusted
- Median home value
- $152,800Owner-occupied units
- Median gross rent
- $561Rent plus utilities, monthly
- Median age
- 43.8 yrsAll residents
- Homeownership rate
- 52.5%Owner-occupied households
What the numbers mean in Sand Lake village
Housing cost measured against local earnings.
A household earning the Sand Lake village median would spend about 21% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.9% of residents and 52.5% 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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