Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.4 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 7.8% ▼ 22% below avg |
| College Grads | 39.3% ≈ Avg |
| Unemployment | 2.3% ▼ 52% below avg |
| No HS Diploma | 8 (0.4%) |
| HS Graduate | 762 (35.3%) |
| Some College | 214 (9.9%) |
| Associates | 325 (15.1%) |
| Bachelors | 206 (9.6%) |
| Graduate Degree | 641 (29.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,389 ≈ Avg |
|---|---|
| Median Home Value | $203,900 ▼ 27% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $963/mo |
| Total Housing Units | 1,967 |
| Vacant Units | 789 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bear Lake is a city in Michigan, located in Manistee County. The city spans 1 ZIP code and is home to approximately 2,903 residents. It is a mature city, with a median age of 53.4 years.
Economically, Bear Lake is a solidly middle-class community. The median household income of $71,389 is near the national average. Approximately 7.8% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Bear Lake is an affordable housing market. Median home values stand at $203,900, which is below the national average. Renters typically pay around $963 per month. Homeownership is high at 95.4%, typical of suburban and family-oriented communities.
The population of Bear Lake is moderately educated. 39.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.25%).
Bear Lake, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49614 | 2,903 | $71,389 | $203,900 | $963 | 2.3% | 39.3% | 95.4% |