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Lake Victoria, 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
1,006
Population
$120,156
Median Income
$370,800
Home Value
46.3
Median Age

Demographics

Lake Victoria has a population of 1,006 with a median age of 46.3. Here is the racial and ethnic breakdown of the population:

White
94.9%
Other
5.1%
Demographic Value
Total Population1,006
Median Age46.3
White94.9%
Other / Two or More Races5.1%
Lake Victoria, Michigan — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 94.9%Other: 5.1%1,006PopulationWhiteWhite94.9%OtherOther5.1%

Income & Economy

The median household income in Lake Victoria is $120,156, which is 49.1% above the national median of $80,610. The per capita income is $58,516.

$120,156
Median Household Income
$58,516
Per Capita Income

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Education

In Lake Victoria, 100.0% of residents age 25+ have a high school diploma or higher, and 54.5% hold a bachelor's degree or higher (28.3% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
54.5%
Graduate+
28.3%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher54.5%
Graduate or Professional Degree28.3%

Housing

The median home value in Lake Victoria is $370,800, above the national median of $303,400. The homeownership rate is 100.0%.

$370,800
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$370,800
Homeownership Rate100.0%
Vacancy Rate2.8%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Frequently Asked Questions

What is the population of Lake Victoria, Michigan?
The population of Lake Victoria, Michigan is 1,006 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Victoria, Michigan?
The median household income in Lake Victoria, Michigan is $120,156. This is 49.1% above the national median of $80,610.
What is the median home value in Lake Victoria, Michigan?
The median home value in Lake Victoria, Michigan is $370,800.
What percentage of people in Lake Victoria have a college degree?
In Lake Victoria, Michigan, 54.5% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Lake Victoria, Michigan an affordable place to live?
The home price-to-income ratio in Lake Victoria, Michigan is 3.1x (median home value $370,800 vs. median income $120,156), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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