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Fife 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
343
Population
$68,472
Median Income
$202,300
Home Value
54.2
Median Age

Demographics

Fife Lake has a population of 343 with a median age of 54.2. Here is the racial and ethnic breakdown of the population:

White
95.6%
Other
3.5%
Hispanic
0.9%
Demographic Value
Total Population343
Median Age54.2
White95.6%
Hispanic or Latino0.9%
Other / Two or More Races3.5%
Fife Lake, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.6%Other: 3.5%Other: 0.9%343PopulationWhiteWhite95.6%OtherOther3.5%OtherOther0.9%

Income & Economy

The median household income in Fife Lake is $68,472, which is 15.1% below the national median of $80,610. The per capita income is $36,607. The poverty rate is 7.3%.

$68,472
Median Household Income
$36,607
Per Capita Income
7.3%
Poverty Rate

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Education

In Fife Lake, 97.2% of residents age 25+ have a high school diploma or higher, and 22.9% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).

HS Diploma+
97.2%
Bachelor's+
22.9%
Graduate+
4.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.2%
Bachelor's Degree or Higher22.9%
Graduate or Professional Degree4.5%

Housing

The median home value in Fife Lake is $202,300, below the national median of $303,400. The median monthly rent is $1,632. The homeownership rate is 79.9%.

$202,300
Median Home Value
$1,632/mo
Median Rent
79.9%
Homeownership Rate
Housing Metric Value
Median Home Value$202,300
Median Monthly Rent$1,632
Homeownership Rate79.9%
Vacancy Rate38.8%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Fife Lake, Michigan?
The population of Fife Lake, Michigan is 343 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fife Lake, Michigan?
The median household income in Fife Lake, Michigan is $68,472. This is 15.1% below the national median of $80,610.
What is the median home value in Fife Lake, Michigan?
The median home value in Fife Lake, Michigan is $202,300. The median monthly rent is $1,632.
What percentage of people in Fife Lake have a college degree?
In Fife Lake, Michigan, 22.9% of adults age 25 and older hold a bachelor's degree or higher, and 97.2% have a high school diploma or higher.
Is Fife Lake, Michigan an affordable place to live?
The home price-to-income ratio in Fife Lake, Michigan is 3.0x (median home value $202,300 vs. median income $68,472), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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