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Millers 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
554
Population
$70,298
Median Income
$216,700
Home Value
14.8
Median Age

Demographics

Millers Lake has a population of 554 with a median age of 14.8. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population554
Median Age14.8
White100.0%
Millers Lake, Michigan — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%554PopulationWhiteWhite100.0%

Income & Economy

The median household income in Millers Lake is $70,298, which is 12.8% below the national median of $80,610. The per capita income is $21,718. The poverty rate is 21.5%.

$70,298
Median Household Income
$21,718
Per Capita Income
21.5%
Poverty Rate

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Education

In Millers Lake, 100.0% of residents age 25+ have a high school diploma or higher, and 56.8% hold a bachelor's degree or higher.

HS Diploma+
100.0%
Bachelor's+
56.8%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher56.8%

Housing

The median home value in Millers Lake is $216,700, below the national median of $303,400. The homeownership rate is 100.0%.

$216,700
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$216,700
Homeownership Rate100.0%
Vacancy Rate31.4%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Millers Lake, Michigan?
The population of Millers Lake, Michigan is 554 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Millers Lake, Michigan?
The median household income in Millers Lake, Michigan is $70,298. This is 12.8% below the national median of $80,610.
What is the median home value in Millers Lake, Michigan?
The median home value in Millers Lake, Michigan is $216,700.
What percentage of people in Millers Lake have a college degree?
In Millers Lake, Michigan, 56.8% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Millers Lake, Michigan an affordable place to live?
The home price-to-income ratio in Millers Lake, Michigan is 3.1x (median home value $216,700 vs. median income $70,298), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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