Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.0 yrs |
|---|---|
| Avg HH Size | 2.14 |
| Below Poverty | 14.6% ▲ 46% above avg |
| College Grads | 31.4% ▼ 19% below avg |
| Unemployment | 6.4% ▲ 30% above avg |
| No HS Diploma | 22 (0.9%) |
| HS Graduate | 761 (30.8%) |
| Some College | 483 (19.6%) |
| Associates | 429 (17.4%) |
| Bachelors | 216 (8.7%) |
| Graduate Degree | 559 (22.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,567 ▼ 9% below avg |
|---|---|
| Median Home Value | $174,000 ▼ 38% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,110/mo |
| Total Housing Units | 2,724 |
| Vacant Units | 1,190 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fife Lake is a city in Michigan, located in Grand Traverse County. The city spans 1 ZIP code and is home to approximately 3,325 residents. It is a mature city, with a median age of 51 years.
Economically, Fife Lake is a solidly middle-class community. The median household income of $69,567 is near the national average. Approximately 14.6% of residents live below the poverty line. The unemployment rate is 6.4%, above the national average.
The real estate market in Fife Lake is an affordable housing market. Median home values stand at $174,000, which is below the national average. Renters typically pay around $1,110 per month. Homeownership is high at 90.4%, typical of suburban and family-oriented communities.
The population of Fife Lake is moderately educated. 31.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.99%).
Fife Lake, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49633 | 3,325 | $69,567 | $174,000 | $1,110 | 6.4% | 31.4% | 90.4% |