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Lake Ann, 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
273
Population
$70,625
Median Income
$338,900
Home Value
47.5
Median Age

Demographics

Lake Ann has a population of 273 with a median age of 47.5. Here is the racial and ethnic breakdown of the population:

White
83.9%
Other
7.3%
Black
7.0%
Asian
1.8%
Demographic Value
Total Population273
Median Age47.5
White83.9%
Black or African American7.0%
Asian1.8%
Other / Two or More Races7.3%
Lake Ann, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 83.9%Other: 7.3%Black: 7.0%Other: 1.8%273PopulationWhiteWhite83.9%OtherOther7.3%BlackBlack7.0%OtherOther1.8%

Income & Economy

The median household income in Lake Ann is $70,625, which is 12.4% below the national median of $80,610. The per capita income is $46,437. The poverty rate is 3.7%.

$70,625
Median Household Income
$46,437
Per Capita Income
3.7%
Poverty Rate

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Education

In Lake Ann, 95.6% of residents age 25+ have a high school diploma or higher, and 32.9% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).

HS Diploma+
95.6%
Bachelor's+
32.9%
Graduate+
9.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.6%
Bachelor's Degree or Higher32.9%
Graduate or Professional Degree9.3%

Housing

The median home value in Lake Ann is $338,900, above the national median of $303,400. The median monthly rent is $1,200. The homeownership rate is 82.9%.

$338,900
Median Home Value
$1,200/mo
Median Rent
82.9%
Homeownership Rate
Housing Metric Value
Median Home Value$338,900
Median Monthly Rent$1,200
Homeownership Rate82.9%
Vacancy Rate31.7%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Lake Ann, Michigan?
The population of Lake Ann, Michigan is 273 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Ann, Michigan?
The median household income in Lake Ann, Michigan is $70,625. This is 12.4% below the national median of $80,610.
What is the median home value in Lake Ann, Michigan?
The median home value in Lake Ann, Michigan is $338,900. The median monthly rent is $1,200.
What percentage of people in Lake Ann have a college degree?
In Lake Ann, Michigan, 32.9% of adults age 25 and older hold a bachelor's degree or higher, and 95.6% have a high school diploma or higher.
Is Lake Ann, Michigan an affordable place to live?
The home price-to-income ratio in Lake Ann, Michigan is 4.8x (median home value $338,900 vs. median income $70,625), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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