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$310,000
2 Beds · 1 Baths · 905 Sq. Ft.
Lake, MI 48632 has a population of approximately 5,061 and experiences a population change rate of -1.90%. The population density is 39.9 / sq mi .
The median household income for Lake, MI 48632 is $42,929, with 2,058 households and an average household size of 2.43.
The median value of a home in Lake, MI 48632 is $128,100 with an appreciation rate of 15.70%. 42.11% of housing in the state is owned while 4.33% is rented.
The cost of living in Lake, MI 48632 is 87.2 %.
The unemployment rate in Lake, MI 48632 is 6.10%, and recent job growth is at 2.18%. Future job growth is projected at 27.43%.
The sales tax rate in Lake, MI 48632 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Lake, MI 48632 are $13,259, and the school ratio is 16.3:1.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 11.5 degrees. The average rainfall is approximately 33.3 inches per year, with 65.7 inches of snow per year.
