Living in Lapeer, Michigan
Cost of living, income, home prices, rent and demographics of Lapeer · Census data 2020–2024
Lapeer has 9,082 residents with a median age of 39.8. The median household income is $52,716 (28% lower than the Michigan median), the median home value is $178,400, the median rent is $1,002/month.
Lapeer at a glance
- Population
- 9,082
- Median age
- 39.8State: 40.2
- Median household income
- $52,716State: $72,875
- Median home value
- $178,400State: $231,600
- Median rent
- $1,002/moState: $1,129
- Homeowners
- 50.5%
- Bachelor's degree or higher
- 16.5%
- Average commute
- 25 min
Is Lapeer a good place to live?
Pros: Home values 23% lower than the state median; unemployment of 3.6%.
Cons: Median household income 28% lower than the Michigan median; an average commute of 25 minutes; a poverty rate of 24.5%.
The weather is best in June to September.
Cost of living in Lapeer
Housing is the biggest part of the cost of living. In Lapeer the median home value is $178,400, 46% lower than the U.S. median. Renters pay a median of $1,002 per month, which is 33.2% of household income. Homeowners with a mortgage pay $1,309 a month in housing costs.
Lapeer median household income
The median household income in Lapeer is $52,716 and the income per person is $30,586. 24.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Lapeer: homes for sale and rent
- Housing units
- 3,990
- Owner-occupied
- 50.5%
- Renter-occupied
- 49.5%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.13
Lapeer demographics
- Population
- 9,082
- Median age
- 39.8
- Under 18
- 20.2%
- 65 and older
- 17.3%
- Households
- 3,701
- Foreign-born
- 1%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lapeer ›
Education in Lapeer
16.5% of adults 25 and older in Lapeer have a bachelor's degree or higher (Michigan: 32.4%), and 3.6% have a graduate or professional degree.
Jobs and commute in Lapeer
- Unemployment rate
- 3.6%State: 5.7%
- Average commute
- 25 minState: 24 min
- Work from home
- 8.9%
- Drive alone
- 73.7%
- Public transit
- 0.3%
- Walk to work
- 3%
- Homes with broadband
- 85.9%
Lapeer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lapeer | 9,082 | $52,716 | $178,400 | $1,002 |
| Metamora | 693 | $85,750 | $270,900 | $794 |
| Attica | 627 | $39,318 | $186,300 | — |
| Columbiaville | 754 | $54,135 | $142,600 | $770 |
| Barnes Lake | 952 | $79,400 | $225,900 | — |
| Millers Lake | 554 | $70,298 | $216,700 | — |
| Davison | 5,076 | $48,814 | $181,200 | $891 |
| Dryden | 1,182 | $70,352 | $208,300 | $1,238 |
| Imlay City | 3,721 | $59,911 | $150,000 | $895 |
More for people moving to Lapeer
Lapeer ZIP code ›Weather and climate ›Living in Lapeer: FAQ
What is the median household income in Lapeer, MI?
The median household income in Lapeer is $52,716, 28% lower 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 Lapeer?
The median home value in Lapeer is $178,400, compared with $231,600 in Michigan.
How much is rent in Lapeer?
The median gross rent in Lapeer is $1,002 per month, about 33.2% of household income.
Is Lapeer, MI a good place to live?
Pluses: home values 23% lower than the state median; unemployment of 3.6%. Minuses: median household income 28% lower than the Michigan median; an average commute of 25 minutes; a poverty rate of 24.5%.
What is the median age in Lapeer?
The median age in Lapeer is 39.8 years (Michigan: 40.2).
How long is the commute in Lapeer?
The average commute to work in Lapeer is 25 minutes; 8.9% of workers work from home.
What is the unemployment rate in Lapeer?
The unemployment rate in Lapeer is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lapeer?
16.5% of adults in Lapeer 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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