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Three Lakes, 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
172
Population
$103,542
Median Income
$285,700
Home Value
62.3
Median Age

Demographics

Three Lakes has a population of 172 with a median age of 62.3. Here is the racial and ethnic breakdown of the population:

White
97.1%
Other
2.9%
Demographic Value
Total Population172
Median Age62.3
White97.1%
Other / Two or More Races2.9%
Three Lakes, Michigan — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.1%Other: 2.9%172PopulationWhiteWhite97.1%OtherOther2.9%

Income & Economy

The median household income in Three Lakes is $103,542, which is 28.4% above the national median of $80,610. The per capita income is $50,259. The poverty rate is 5.8%.

$103,542
Median Household Income
$50,259
Per Capita Income
5.8%
Poverty Rate

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Education

In Three Lakes, 98.7% of residents age 25+ have a high school diploma or higher, and 43.0% hold a bachelor's degree or higher (19.0% with a graduate or professional degree).

HS Diploma+
98.7%
Bachelor's+
43.0%
Graduate+
19.0%
Education Level % of Adults (25+)
High School Diploma or Higher98.7%
Bachelor's Degree or Higher43.0%
Graduate or Professional Degree19.0%

Housing

The median home value in Three Lakes is $285,700, below the national median of $303,400. The homeownership rate is 94.3%.

$285,700
Median Home Value
94.3%
Homeownership Rate
Housing Metric Value
Median Home Value$285,700
Homeownership Rate94.3%
Vacancy Rate64.6%

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 Three Lakes, Michigan?
The population of Three Lakes, Michigan is 172 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Three Lakes, Michigan?
The median household income in Three Lakes, Michigan is $103,542. This is 28.4% above the national median of $80,610.
What is the median home value in Three Lakes, Michigan?
The median home value in Three Lakes, Michigan is $285,700.
What percentage of people in Three Lakes have a college degree?
In Three Lakes, Michigan, 43.0% of adults age 25 and older hold a bachelor's degree or higher, and 98.7% have a high school diploma or higher.
Is Three Lakes, Michigan an affordable place to live?
The home price-to-income ratio in Three Lakes, Michigan is 2.8x (median home value $285,700 vs. median income $103,542), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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