City profile · Michigan · Census ACS 2023

Lakeport, MI

Population, income, housing, safety, climate and schools for Lakeport - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

746
Residents
$55,167
Median income
$172,000
Median home
$1,411
Median rent (state)

Lakeport - the verdict

Nationally, Lakeport sits in the 28th percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

28th
percentile, household income
34th
percentile, home value
55th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Lakeport, MI

Census ACS 2023 estimates count 746 residents in Lakeport, a small town within Michigan. Median household income here is $55,167 per year, below the median for U.S. cities on this measure, with a poverty rate of 3.7%. Lakeport's housing stock carries a median value of $172,000, and the median resident age is 43.5 years. 42.6% of adults here have a bachelor's degree or higher; 54.6% of working-age residents are in the labor force.

Living costs in Michigan run below the national norm: on BEA's 100-equals-national-average cost index, Michigan scores 96.2 (Below Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,411 monthly. EIA 2023 residential energy data puts Michigan's average monthly utility costs around $238 (state average). Natural-hazard exposure scores 82.0 out of 100 on FEMA's National Risk Index (High).

Population

746 residents

Census ACS 2023 - Michigan

Median Household Income

$55,167 /yr

Poverty 3.7%

Cost of Living Index (state)

96.2 (US=100)

Below Average - BEA RPP 2024, Michigan average

How does Lakeport compare to other US cities?

Where Lakeport sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 28% higher than other cities
Home value 34% pricier than other cities
Median rent 55% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Lakeport against every qualifying US city; each in-state rank narrows that to Michigan only. Full formula and direction notes: methodology.

Michigan-relative analysis

Bachelor's Degree or Higher places Lakeport toward the top of Michigan's cities

Among the 727 Michigan cities PlainCities tracks with reported bachelor's degree or higher data, Lakeport ranks #109 - the 85th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Lakeport only against its own state's cities, not the full US field.

Median Household Income
#437 of 718
39th percentile in Michigan
Median Gross Rent
#61 of 727
76th percentile in Michigan
Median Home Value
#295 of 721
59th percentile in Michigan
Poverty Rate
#540 of 727
25th percentile in Michigan
Bachelor's Degree or Higher
#109 of 727
85th percentile in Michigan

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Michigan only, not a livability score. See the methodology for the source and calculation.

28thIncome percentile

28th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Lakeport's home value compares nationally

Median home value vs. every US city (population 1,000+)

$172,000 Among the most affordable more affordable than 66% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). This entry sits in this band. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Lakeport $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Lakeport, MI Lakeport, MI's reported median household income shown against the U.S. national quintile-share pattern (not Lakeport, MI-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Lakeport, MI median $55,167/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Lakeport, MI's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Lakeport, MI. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 42.6%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 3.7%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 54.6%

Census ACS S2301, share of working-age residents in the labor force

Population
746
Median Income
$55,167
Median Home Value
$172,000
Median Age
43.5
Poverty Rate
3.7%
Labor force participation
54.6%
Bachelor's Degree+
42.6%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
69.5%
Carpool
10.3%
Public Transit
0.0%
Walk
0.6%
Work from Home
15.5%
Other
4.1%

Based on 341 workers 16 and over.

Monthly Utility Costs

State-average estimates for Michigan - EIA 2023 residential energy data

Electricity
$105
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$48
avg/month
Total Utilities
$238
estimated/month

Estimates reflect Michigan state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Michigan state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Lakeport sits in

Cost of Living Index
96.2
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,411/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
82.0 / 100
High
FEMA NRI composite score (county)

Similar Cities in Michigan

Sanford
743 people
Hillman
750 people
Saugatuck
751 people
Benzonia
735 people
Hardwood Acres
735 people
Oscoda
757 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Lakeport's 746 residents (Census ACS 5-Year 2023).

Marco Shores-Hammock Bay, FL
746 people
Glenwood, GA
746 people
Oldenburg, IN
746 people
Mortons Gap, KY
746 people
Fairfield, MT
746 people
Cedar Crest, NM
746 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Lakeport's $55,167 (Census ACS 5-Year 2023, table B19013).

Latrobe, PA
$55,168 median income
Eureka, IL
$55,172 median income
Neosho, MO
$55,159 median income
Wellston, OH
$55,159 median income
Las Cruces, NM
$55,176 median income
Coolidge, GA
$55,156 median income

Race & Ethnicity Composition

Race and ethnicity - Lakeport, MI Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Lakeport, MI - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 92.0% ETHNICITY, Hispanic or Latino (any race) 0.7% White 92.0% Black or African American 4.6% Asian 2.1% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.0% Two or more races 1.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Lakeport compares to nearby Michigan cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Lakeport (this city) 746 $55,167
Sanford 743 $69,667
Hillman 750 $41,000
Saugatuck 751 $118,309
Census ACS 5-year FIPS MI OMB Bulletin 23-01

What do people ask about Lakeport, MI?

What is the population of Lakeport, MI? +

The population of Lakeport, MI stands at 746 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Lakeport, MI? +

Median annual household income in Lakeport runs $55,167, based on Census ACS 2023 data.

What is the cost of living in Lakeport? +

BEA does not publish a city-level cost-of-living figure for Lakeport; the closest available measure is the Michigan state average, a cost of living index of 96.2 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Michigan vary by metro area.

What is the median home value in Lakeport, MI? +

Lakeport's median home value sits at $172,000, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.