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Lathrup, 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
4,059
Population
$109,893
Median Income
$310,600
Home Value
50.2
Median Age

Demographics

Lathrup has a population of 4,059 with a median age of 50.2. Here is the racial and ethnic breakdown of the population:

Black
64.0%
White
33.6%
Hispanic
1.3%
Other
1.1%
Demographic Value
Total Population4,059
Median Age50.2
White33.6%
Black or African American64.0%
Hispanic or Latino1.3%
Other / Two or More Races1.1%
Lathrup, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Black: 64.0%White: 33.6%Other: 2.4%4,059PopulationBlackBlack64.0%WhiteWhite33.6%OtherOther2.4%

Income & Economy

The median household income in Lathrup is $109,893, which is 36.3% above the national median of $80,610. The per capita income is $59,577. The poverty rate is 5.6%.

$109,893
Median Household Income
$59,577
Per Capita Income
5.6%
Poverty Rate

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Education

In Lathrup, 95.2% of residents age 25+ have a high school diploma or higher, and 54.8% hold a bachelor's degree or higher (29.4% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
54.8%
Graduate+
29.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher54.8%
Graduate or Professional Degree29.4%

Housing

The median home value in Lathrup is $310,600, above the national median of $303,400. The median monthly rent is $1,483. The homeownership rate is 92.1%.

$310,600
Median Home Value
$1,483/mo
Median Rent
92.1%
Homeownership Rate
Housing Metric Value
Median Home Value$310,600
Median Monthly Rent$1,483
Homeownership Rate92.1%
Vacancy Rate2.8%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Lathrup, Michigan?
The population of Lathrup, Michigan is 4,059 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lathrup, Michigan?
The median household income in Lathrup, Michigan is $109,893. This is 36.3% above the national median of $80,610.
What is the median home value in Lathrup, Michigan?
The median home value in Lathrup, Michigan is $310,600. The median monthly rent is $1,483.
What percentage of people in Lathrup have a college degree?
In Lathrup, Michigan, 54.8% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Lathrup, Michigan an affordable place to live?
The home price-to-income ratio in Lathrup, Michigan is 2.8x (median home value $310,600 vs. median income $109,893), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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