Living in Manistee Lake, Michigan
Cost of living, income, home prices, rent and demographics of Manistee Lake · Census data 2020–2024
Manistee Lake has 412 residents with a median age of 59.3. The median household income is $56,250 (23% lower than the Michigan median), the median home value is $175,000.
Manistee Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Manistee Lake at a glance
- Population
- 412
- Median age
- 59.3State: 40.2
- Median household income
- $56,250State: $72,875
- Median home value
- $175,000State: $231,600
- Homeowners
- 86.1%
- Bachelor's degree or higher
- 21.7%
- Average commute
- 57 min
Is Manistee Lake a good place to live?
Pros: Home values 24% lower than the state median; a poverty rate of 9.7%.
Cons: Median household income 23% lower than the Michigan median; an average commute of 57 minutes.
The weather is best in June to September.
Cost of living in Manistee Lake
Housing is the biggest part of the cost of living. In Manistee Lake the median home value is $175,000, 47% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,469 a month in housing costs.
Manistee Lake median household income
The median household income in Manistee Lake is $56,250 and the income per person is $35,798. 9.7% of residents live below the poverty line (Michigan: 13.2%).
Housing in Manistee Lake: homes for sale and rent
- Housing units
- 511
- Owner-occupied
- 86.1%
- Renter-occupied
- 13.9%
- Vacant
- 59.1%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.97
59.1% of homes are vacant most of the year, a sign that Manistee Lake has many vacation and second homes.
Manistee Lake demographics
- Population
- 412
- Median age
- 59.3
- Under 18
- 8.5%
- 65 and older
- 31.8%
- Households
- 209
- Foreign-born
- 1%
- Veterans
- 15.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Manistee Lake ›
Education in Manistee Lake
21.7% of adults 25 and older in Manistee Lake have a bachelor's degree or higher (Michigan: 32.4%), and 4.8% have a graduate or professional degree.
Jobs and commute in Manistee Lake
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 57 minState: 24 min
- Work from home
- 3.3%
- Drive alone
- 82.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 81.8%
Manistee Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Manistee Lake | 412 | $56,250 | $175,000 | — |
| Bear Lake | 343 | $67,188 | $201,500 | — |
| Kalkaska | 2,539 | $57,143 | $155,600 | $633 |
| Mancelona | 1,476 | $51,691 | $131,400 | $791 |
| Lakes of the North | 1,524 | $82,188 | $232,100 | — |
| Rapid City | 1,328 | $73,021 | $214,700 | $969 |
| Alden | 133 | $56,250 | $311,400 | — |
| Alba | 282 | $100,870 | — | — |
| South Boardman | 553 | $83,750 | $193,300 | — |
More for people moving to Manistee Lake
Manistee Lake ZIP code ›Weather and climate ›Living in Manistee Lake: FAQ
What is the median household income in Manistee Lake, MI?
The median household income in Manistee Lake is $56,250, 23% 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 Manistee Lake?
The median home value in Manistee Lake is $175,000, compared with $231,600 in Michigan.
Is Manistee Lake, MI a good place to live?
Pluses: home values 24% lower than the state median; a poverty rate of 9.7%. Minuses: median household income 23% lower than the Michigan median; an average commute of 57 minutes.
What is the median age in Manistee Lake?
The median age in Manistee Lake is 59.3 years (Michigan: 40.2).
How long is the commute in Manistee Lake?
The average commute to work in Manistee Lake is 57 minutes; 3.3% of workers work from home.
What is the unemployment rate in Manistee Lake?
The unemployment rate in Manistee Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Manistee Lake?
21.7% of adults in Manistee Lake 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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