Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 58.6 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 5.7% ▼ 43% below avg |
| College Grads | 61.7% ▲ 59% above avg |
| Unemployment | 2.6% ▼ 47% below avg |
| No HS Diploma | 5 (0.4%) |
| HS Graduate | 236 (18.1%) |
| Some College | 77 (5.9%) |
| Associates | 182 (13.9%) |
| Bachelors | 169 (12.9%) |
| Graduate Degree | 638 (48.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,954 ▲ 11% above avg |
|---|---|
| Median Home Value | $532,100 ▲ 91% above avg |
| Home/Income Ratio | 6.3x (nat avg ~3.5x) |
| Median Rent | $889/mo |
| Total Housing Units | 1,523 |
| Vacant Units | 732 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Leelanau is a city in Michigan, located in Leelanau County. The city spans 1 ZIP code and is home to approximately 1,813 residents. It is an older city, with a median age of 58.6 years.
Economically, Lake Leelanau is a middle-income community. The median household income of $84,954 is near the national average. Approximately 5.7% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Lake Leelanau is a premium housing market. Median home values stand at $532,100, which is significantly above the national average. Renters typically pay around $889 per month. Homeownership is high at 96.8%, typical of suburban and family-oriented communities.
The population of Lake Leelanau is highly educated. 61.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (95.75%).
Lake Leelanau, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49653 | 1,813 | $84,954 | $532,100 | $889 | 2.6% | 61.7% | 96.8% |