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Carp Lake, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
380
Population
$27,474
Median Income
$180,000
Home Value
40.0
Median Age

Demographics

Carp Lake has a population of 380 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:

White
91.6%
Other
7.6%
Black
0.8%
Demographic Value
Total Population380
Median Age40.0
White91.6%
Black or African American0.8%
Other / Two or More Races7.6%
Carp Lake, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 91.6%Other: 7.6%Other: 0.8%380PopulationWhiteWhite91.6%OtherOther7.6%OtherOther0.8%

Income & Economy

The median household income in Carp Lake is $27,474, which is 65.9% below the national median of $80,610. The per capita income is $22,801. The poverty rate is 48.2%.

$27,474
Median Household Income
$22,801
Per Capita Income
48.2%
Poverty Rate

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Education

In Carp Lake, 93.8% of residents age 25+ have a high school diploma or higher, and 16.9% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).

HS Diploma+
93.8%
Bachelor's+
16.9%
Graduate+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher93.8%
Bachelor's Degree or Higher16.9%
Graduate or Professional Degree7.9%

Housing

The median home value in Carp Lake is $180,000, below the national median of $303,400. The median monthly rent is $570. The homeownership rate is 62.9%.

$180,000
Median Home Value
$570/mo
Median Rent
62.9%
Homeownership Rate
Housing Metric Value
Median Home Value$180,000
Median Monthly Rent$570
Homeownership Rate62.9%
Vacancy Rate67.9%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Carp Lake, Michigan?
The population of Carp Lake, Michigan is 380 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carp Lake, Michigan?
The median household income in Carp Lake, Michigan is $27,474. This is 65.9% below the national median of $80,610.
What is the median home value in Carp Lake, Michigan?
The median home value in Carp Lake, Michigan is $180,000. The median monthly rent is $570.
What percentage of people in Carp Lake have a college degree?
In Carp Lake, Michigan, 16.9% of adults age 25 and older hold a bachelor's degree or higher, and 93.8% have a high school diploma or higher.
Is Carp Lake, Michigan an affordable place to live?
The home price-to-income ratio in Carp Lake, Michigan is 6.6x (median home value $180,000 vs. median income $27,474), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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