Living in Skidway Lake, Michigan
Cost of living, income, home prices, rent and demographics of Skidway Lake · Census data 2020–2024
Skidway Lake has 3,008 residents with a median age of 42.1. The median household income is $39,265 (46% lower than the Michigan median), the median home value is $59,100, the median rent is $699/month.
Skidway Lake at a glance
- Population
- 3,008
- Median age
- 42.1State: 40.2
- Median household income
- $39,265State: $72,875
- Median home value
- $59,100State: $231,600
- Median rent
- $699/moState: $1,129
- Homeowners
- 86.6%
- Bachelor's degree or higher
- 7.5%
- Average commute
- 31 min
Is Skidway Lake a good place to live?
Pros: Home values 74% lower than the state median.
Cons: Median household income 46% lower than the Michigan median; an average commute of 31 minutes; unemployment of 15.2%; a poverty rate of 37.9%.
The weather is best in June to September.
Cost of living in Skidway Lake
Housing is the biggest part of the cost of living. In Skidway Lake the median home value is $59,100, 82% lower than the U.S. median. Renters pay a median of $699 per month, which is 39.4% of household income. Homeowners with a mortgage pay $841 a month in housing costs.
Skidway Lake median household income
The median household income in Skidway Lake is $39,265 and the income per person is $22,683. 37.9% of residents live below the poverty line (Michigan: 13.2%).
Housing in Skidway Lake: homes for sale and rent
- Housing units
- 2,358
- Owner-occupied
- 86.6%
- Renter-occupied
- 13.4%
- Vacant
- 43.1%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.24
43.1% of homes are vacant most of the year, a sign that Skidway Lake has many vacation and second homes.
Skidway Lake demographics
- Population
- 3,008
- Median age
- 42.1
- Under 18
- 20.1%
- 65 and older
- 19.4%
- Households
- 1,342
- Foreign-born
- 0.9%
- Veterans
- 12.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Skidway Lake ›
Education in Skidway Lake
7.5% of adults 25 and older in Skidway Lake have a bachelor's degree or higher (Michigan: 32.4%), and 4% have a graduate or professional degree.
Jobs and commute in Skidway Lake
- Unemployment rate
- 15.2%State: 5.7%
- Average commute
- 31 minState: 24 min
- Work from home
- 14.4%
- Drive alone
- 75.7%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 88.6%
Skidway Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Skidway Lake | 3,008 | $39,265 | $59,100 | $699 |
| Prescott | 270 | $57,885 | $68,800 | $1,339 |
| West Branch | 2,225 | $41,250 | $147,800 | $842 |
| Sterling | 448 | $61,563 | $89,200 | $775 |
| Whittemore | 492 | $33,214 | $80,900 | $481 |
| Twining | 192 | $44,271 | $85,000 | $905 |
| Omer | 283 | $51,000 | $97,700 | $785 |
| Rose City | 575 | $25,179 | $101,700 | $712 |
| Lupton | 206 | $60,208 | $77,500 | — |
More for people moving to Skidway Lake
Skidway Lake ZIP code ›Weather and climate ›Living in Skidway Lake: FAQ
What is the median household income in Skidway Lake, MI?
The median household income in Skidway Lake is $39,265, 46% 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 Skidway Lake?
The median home value in Skidway Lake is $59,100, compared with $231,600 in Michigan.
How much is rent in Skidway Lake?
The median gross rent in Skidway Lake is $699 per month, about 39.4% of household income.
Is Skidway Lake, MI a good place to live?
Pluses: home values 74% lower than the state median. Minuses: median household income 46% lower than the Michigan median; an average commute of 31 minutes; unemployment of 15.2%; a poverty rate of 37.9%.
What is the median age in Skidway Lake?
The median age in Skidway Lake is 42.1 years (Michigan: 40.2).
How long is the commute in Skidway Lake?
The average commute to work in Skidway Lake is 31 minutes; 14.4% of workers work from home.
What is the unemployment rate in Skidway Lake?
The unemployment rate in Skidway Lake is 15.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Skidway Lake?
7.5% of adults in Skidway 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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