Living in Lake Isabella, Michigan
Cost of living, income, home prices, rent and demographics of Lake Isabella · Census data 2020–2024
Lake Isabella has 2,085 residents with a median age of 48.1. The median household income is $77,500 (6% higher than the Michigan median), the median home value is $184,000, the median rent is $964/month.
Lake Isabella at a glance
- Population
- 2,085
- Median age
- 48.1State: 40.2
- Median household income
- $77,500State: $72,875
- Median home value
- $184,000State: $231,600
- Median rent
- $964/moState: $1,129
- Homeowners
- 94.1%
- Bachelor's degree or higher
- 33%
- Average commute
- 25 min
Is Lake Isabella a good place to live?
Pros: Median household income 6% higher than the Michigan median; home values 21% lower than the state median; a poverty rate of 5.8%.
Cons: An average commute of 25 minutes; unemployment of 6.2%.
The weather is best in June to September.
Cost of living in Lake Isabella
Housing is the biggest part of the cost of living. In Lake Isabella the median home value is $184,000, 45% lower than the U.S. median. Renters pay a median of $964 per month, which is 20.6% of household income. Homeowners with a mortgage pay $1,189 a month in housing costs.
Lake Isabella median household income
The median household income in Lake Isabella is $77,500 and the income per person is $37,952. 5.8% of residents live below the poverty line (Michigan: 13.2%).
Housing in Lake Isabella: homes for sale and rent
- Housing units
- 1,111
- Owner-occupied
- 94.1%
- Renter-occupied
- 5.9%
- Vacant
- 27.8%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.60
Lake Isabella demographics
- Population
- 2,085
- Median age
- 48.1
- Under 18
- 22.5%
- 65 and older
- 26%
- Households
- 802
- Foreign-born
- 2.4%
- Veterans
- 11.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Isabella ›
Education in Lake Isabella
33% of adults 25 and older in Lake Isabella have a bachelor's degree or higher (Michigan: 32.4%), and 12.3% have a graduate or professional degree.
Jobs and commute in Lake Isabella
- Unemployment rate
- 6.2%State: 5.7%
- Average commute
- 25 minState: 24 min
- Work from home
- 15.3%
- Drive alone
- 71.7%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 88.5%
Lake Isabella vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Isabella | 2,085 | $77,500 | $184,000 | $964 |
| Beal City | 293 | $74,875 | $197,700 | — |
| Winn | 226 | $136,136 | $209,500 | — |
| Barryton | 394 | $52,875 | $95,900 | $788 |
| Mecosta | 464 | $73,516 | $96,200 | $784 |
| Mount Pleasant | 21,236 | $44,706 | $173,100 | $922 |
| Rosebush | 331 | $44,750 | $104,500 | $591 |
| Farwell | 974 | $42,188 | $98,700 | $513 |
| Canadian Lakes | 2,991 | $78,833 | $270,000 | $789 |
More for people moving to Lake Isabella
Lake Isabella ZIP code ›Weather and climate ›Living in Lake Isabella: FAQ
What is the median household income in Lake Isabella, MI?
The median household income in Lake Isabella is $77,500, 6% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Isabella?
The median home value in Lake Isabella is $184,000, compared with $231,600 in Michigan.
How much is rent in Lake Isabella?
The median gross rent in Lake Isabella is $964 per month, about 20.6% of household income.
Is Lake Isabella, MI a good place to live?
Pluses: median household income 6% higher than the Michigan median; home values 21% lower than the state median; a poverty rate of 5.8%. Minuses: an average commute of 25 minutes; unemployment of 6.2%.
What is the median age in Lake Isabella?
The median age in Lake Isabella is 48.1 years (Michigan: 40.2).
How long is the commute in Lake Isabella?
The average commute to work in Lake Isabella is 25 minutes; 15.3% of workers work from home.
What is the unemployment rate in Lake Isabella?
The unemployment rate in Lake Isabella is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Isabella?
33% of adults in Lake Isabella have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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