Last updated: 2024 BLS data · Page refreshed:
Chippewa Lake has a population of 638 with a median age of 55.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 638 |
| Median Age | 55.3 |
| White | 96.1% |
| Asian | 1.1% |
| Hispanic or Latino | 0.9% |
| Other / Two or More Races | 1.9% |
The median household income in Chippewa Lake is $73,958, which is 8.3% below the national median of $80,610. The per capita income is $38,922. The poverty rate is 5.5%.
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In Chippewa Lake, 96.7% of residents age 25+ have a high school diploma or higher, and 27.4% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.7% |
| Bachelor's Degree or Higher | 27.4% |
| Graduate or Professional Degree | 8.9% |
The median home value in Chippewa Lake is $181,300, below the national median of $303,400. The median monthly rent is $1,038. The homeownership rate is 81.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $181,300 |
| Median Monthly Rent | $1,038 |
| Homeownership Rate | 81.1% |
| Vacancy Rate | 20.5% |
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