Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.3 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 14.2% ▲ 42% above avg |
| College Grads | 22.2% ▼ 43% below avg |
| Unemployment | 4.0% ▼ 19% below avg |
| No HS Diploma | 9 (1.1%) |
| HS Graduate | 304 (38.3%) |
| Some College | 191 (24.1%) |
| Associates | 113 (14.2%) |
| Bachelors | 52 (6.6%) |
| Graduate Degree | 124 (15.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $56,875 ▼ 25% below avg |
|---|---|
| Median Home Value | $119,600 ▼ 57% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $775/mo |
| Total Housing Units | 789 |
| Vacant Units | 340 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Chase is a city in Michigan, located in Lake County. The city spans 1 ZIP code and is home to approximately 1,030 residents. It is a mature city, with a median age of 54.3 years.
Economically, Chase is a solidly middle-class community. The median household income of $56,875 is below the national average. Approximately 14.2% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Chase is one of the more affordable housing markets in the country. Median home values stand at $119,600, which is well below the national average. Renters typically pay around $775 per month. Homeownership is high at 88.9%, typical of suburban and family-oriented communities.
The population of Chase is less-educated. 22.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.14%).
Chase, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49623 | 1,030 | $56,875 | $119,600 | $775 | 4.0% | 22.2% | 88.9% |