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CITY

Lake Ann

Michigan · 254 residents (2025 est.) · 0.449 sq mi
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The short version

Lake Ann has lower-than-average household income, with a median household income of $70,625. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $338,900. With a median age of 47.5, the population is older than the US median of 38.9. Poverty is rare here, at 3.7% of residents.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.5
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
Less affordable
home values up 49%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
273
−1%since 2000
from 276 in 2000
1990 – 2025
Population density
608 / sq mi
−1%since 2000
from 615 / sq mi in 2000
US average: 281
Median age
47.5
+12%since 2000
from 42.3 in 2000
US average: 38.9

PEP 2025 EST:254 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1732413103784461990201020202024Lake Ann
2024273
1990201020202024
Section 02

Income & economy

Median household income
$70,625
−10%inflation adjusted, since 2000
from $42,917 in 2000
US average: $82,259
1990 – 2024
Per capita income
$46,437
+167%since 2000
from $17,387 in 2000
US average: $44,673
Households earning $100K+
48.8%
+34.4 ptssince 2009
from 14.4% in 2009
US average: 53.3%
Poverty rate
3.7%
−1.1 ptssince 2000
from 4.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.446
+19%since 2010
from 0.376 in 2010
US average: 0.476
Workforce by industry, 2024
Information20.3%
US avg: 10.8%
Wholesale trade12.2%
US avg: 6.9%
Other services11.5%
US avg: 6.7%
Retail trade10.8%
US avg: 9.9%
Public administration4.7%
US avg: 4.8%
Finance & insurance2%
US avg: 5.9%
Education & health services2%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$338,900
+49%inflation adjusted, since 2000
from $125,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,200
+23%inflation adjusted, since 2000
from $536 in 2000
US average: $1,442
Owner-occupied
82.9%
−0.3 ptssince 2000
from 83.2% in 2000
17.1% rent
Vacancy rate
31.7%
−4.5 ptssince 2009
from 36.2% in 2009
US average: 10.0%
Owner cost-burdened
25.5%
−10.6 ptssince 2009
from 36.1% in 2009
US average: 22.9%
Renter cost-burdened
33.3%
−6.7 ptssince 2009
from 40.0% in 2009
US average: 47.4%
Afford Score
4.8
+65%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
77
RELATED:See current rent listings in Lake Ann on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.7%(267)
Black0%(0)
Hispanic / Latino1.8%(5)
Asian0.4%(1)
Other0%
Diversity Score5.4%(15)
2024
White, non-Hispanic83.9%(229)
Black7%(19)
Hispanic / Latino0%(0)
Asian1.8%(5)
Other7.3%(20)
Diversity Score35.7%(98)
Diversity Score
36
+563%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.9%
+12.2 ptssince 2000
from 20.7% in 2000
US average: 35.6%
High school or higher
95.6%
+5.7 ptssince 2000
from 89.9% in 2000
US average: 89.6%
Graduate degree
9.3%
+6.3 ptssince 2000
from 3.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.2 min
+13%since 2000
from 18.7 min in 2000
US average: 26.5
Drive alone to work
77.4%
−6.7 ptssince 2009
from 84.1% in 2009
US average: 68.9%
Carpooled to work
8.9%
+1.0 ptssince 2009
from 7.9% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
10.3%
+2.3 ptssince 2009
from 7.9% in 2009
US average: 15.0%
Walked to work
3.4%
+3.4 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
8.1%
+8.1 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.9%
−13.8 ptssince 2011
from 17.7% in 2011
US average: 5.2%
Labor force participation
64.2%
−6.4 ptssince 2011
from 70.6% in 2011
US average: 63.5%
Self-employed
10.1%
+0.3 ptssince 2009
from 9.8% in 2009
US average: 13.1%
Management & professional
46.6%
−15.5 ptssince 2009
from 62.1% in 2009
US average: 42.5%
Section 08

People & community

Male
46.9%
+0.6 ptssince 2009
from 46.3% in 2009
Female
53.1%
−0.6 ptssince 2009
from 53.7% in 2009
Foreign born
8.8%
+6.1 ptssince 2009
from 2.7% in 2009
US average: 14.1%
Veterans
7.9%
−35.9 ptssince 2009
from 43.9% in 2009
US average: 6.2%
With a disability
24.5%
+9.3 ptssince 2012
from 15.2% in 2012
US average: 13.3%
Uninsured
0.4%
−85.4 ptssince 2013
from 85.8% in 2013
US average: 8.4%
Broadband at home
91.9%
+27.8 ptssince 2017
from 64.1% in 2017
US average: 91.0%
English only at home
90.9%
−5.7 ptssince 2016
from 96.6% in 2016
US average: 77.7%
Spanish at home
0.0%
−2.6 ptssince 2016
from 2.6% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Lake Ann to nearby cities

LAKE ANN VS
Traverse City
Income$74,087+5%
Home value$415,400+23%
Population15,832+6133%
SEE FULL COMPARISON →
LAKE ANN VS
Cadillac
Income$51,773−27%
Home value$134,300−60%
Population10,438+4009%
SEE FULL COMPARISON →
LAKE ANN VS
Big Rapids
Income$43,858−38%
Home value$156,400−54%
Population8,623+3295%
SEE FULL COMPARISON →
LAKE ANN VS
Sturgeon Bay
Income$59,926−15%
Home value$236,300−30%
Population9,917+3804%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Ann, Michigan?

Lake Ann, Michigan has about 273 residents according to the 2024 American Community Survey.

What is the median household income in Lake Ann, Michigan?

The typical household in Lake Ann, Michigan earns about $70,625 a year. Half of households make more than that, and half make less.

Is Lake Ann, Michigan expensive?

In Lake Ann, Michigan, the median home is worth about $338,900, and the typical rent is about $1,200 a month.

How educated are people in Lake Ann, Michigan?

About 32.9% of adults age 25 and over in Lake Ann, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Lake Ann, Michigan?

About 3.7% of people in Lake Ann, Michigan live below the federal poverty line.

Has Lake Ann, Michigan grown since 1990?

Yes, Lake Ann, Michigan has grown since 1990. The population has added about 54 residents, a change of about 25 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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