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Lake Odessa, 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
2,155
Population
$62,813
Median Income
$148,600
Home Value
31.0
Median Age

Demographics

Lake Odessa has a population of 2,155 with a median age of 31.0. Here is the racial and ethnic breakdown of the population:

White
83.4%
Other
7.1%
Hispanic
4.7%
Black
4.2%
Asian
0.6%
Demographic Value
Total Population2,155
Median Age31.0
White83.4%
Black or African American4.2%
Asian0.6%
Hispanic or Latino4.7%
Other / Two or More Races7.1%
Lake Odessa, Michigan — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 83.4%Other: 7.1%Hispanic/Latino: 4.7%Black: 4.2%Other: 0.6%2,155PopulationWhiteWhite83.4%OtherOther7.1%Hispanic/LatinoHispanic/Latino4.7%BlackBlack4.2%OtherOther0.6%

Income & Economy

The median household income in Lake Odessa is $62,813, which is 22.1% below the national median of $80,610. The per capita income is $29,413. The poverty rate is 13.5%.

$62,813
Median Household Income
$29,413
Per Capita Income
13.5%
Poverty Rate

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Education

In Lake Odessa, 92.2% of residents age 25+ have a high school diploma or higher, and 21.3% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).

HS Diploma+
92.2%
Bachelor's+
21.3%
Graduate+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher92.2%
Bachelor's Degree or Higher21.3%
Graduate or Professional Degree7.9%

Housing

The median home value in Lake Odessa is $148,600, below the national median of $303,400. The median monthly rent is $770. The homeownership rate is 77.4%.

$148,600
Median Home Value
$770/mo
Median Rent
77.4%
Homeownership Rate
Housing Metric Value
Median Home Value$148,600
Median Monthly Rent$770
Homeownership Rate77.4%
Vacancy Rate6.8%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Lake Odessa, Michigan?
The population of Lake Odessa, Michigan is 2,155 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Odessa, Michigan?
The median household income in Lake Odessa, Michigan is $62,813. This is 22.1% below the national median of $80,610.
What is the median home value in Lake Odessa, Michigan?
The median home value in Lake Odessa, Michigan is $148,600. The median monthly rent is $770.
What percentage of people in Lake Odessa have a college degree?
In Lake Odessa, Michigan, 21.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.2% have a high school diploma or higher.
Is Lake Odessa, Michigan an affordable place to live?
The home price-to-income ratio in Lake Odessa, Michigan is 2.4x (median home value $148,600 vs. median income $62,813), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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