Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 64.8 yrs |
|---|---|
| Avg HH Size | 1.61 |
| Below Poverty | 8.2% ▼ 18% below avg |
| College Grads | 38.2% ≈ Avg |
| Unemployment | 3.5% ▼ 28% below avg |
| HS Graduate | 38 (27.9%) |
| Some College | 18 (13.2%) |
| Associates | 28 (20.6%) |
| Bachelors | 20 (14.7%) |
| Graduate Degree | 32 (23.5%) |
Education
Home Value Distribution
Financials
| Median HH Income | $41,250 ▼ 46% below avg |
|---|---|
| Median Home Value | $164,300 ▼ 41% below avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Total Housing Units | 412 |
| Vacant Units | 314 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Trout Lake is a city in Michigan, located in Chippewa County. The city spans 1 ZIP code and is home to approximately 158 residents. It is an older city, with a median age of 64.8 years.
Economically, Trout Lake is a working-class community. The median household income of $41,250 is below the national average. Approximately 8.2% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Trout Lake is an affordable housing market. Median home values stand at $164,300, which is below the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Trout Lake is moderately educated. 38.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.94%).
Trout Lake, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49793 | 158 | $41,250 | $164,300 | — | 3.5% | 38.2% | 100.0% |