Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs |
|---|---|
| Avg HH Size | 2.88 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 33.0% ▼ 15% below avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 4 (0.1%) |
| HS Graduate | 1,088 (30%) |
| Some College | 628 (17.3%) |
| Associates | 706 (19.5%) |
| Bachelors | 533 (14.7%) |
| Graduate Degree | 662 (18.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,423 ≈ Avg |
|---|---|
| Median Home Value | $212,900 ▼ 24% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $772/mo |
| Total Housing Units | 2,295 |
| Vacant Units | 279 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Odessa is a city in Michigan, located in Ionia County. The city spans 1 ZIP code and is home to approximately 5,801 residents. It is a middle-aged city, with a median age of 38.6 years.
Economically, Lake Odessa is a middle-income community. The median household income of $79,423 is near the national average. Approximately 6.1% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Lake Odessa is an affordable housing market. Median home values stand at $212,900, which is below the national average. Renters typically pay around $772 per month. Homeownership is high at 86.3%, typical of suburban and family-oriented communities.
The population of Lake Odessa is moderately educated. 33.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.23%).
Lake Odessa, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48849 | 5,801 | $79,423 | $212,900 | $772 | 4.7% | 33.0% | 86.3% |