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CITY · 2020 ACS

Lake Ann

Michigan · 273 residents · 0.449 sq mi
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The short version

Lake Ann has roughly average household income, with a median household income of $65,833. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $268,800. With a median age of 53.9, the population is older than the US median of 38.8. Poverty is rare here, at 1.8% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 53.9
US median: 38.8
Average education
29% hold a bachelor's degree
US average: 33%
Less affordable
home values up 43%, inflation adjusted
US median home: $265,253
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: 280
Median age
53.9
+27%since 2000
from 42.3 in 2000
US average: 38.8
Population, 1990 – 2024
1732413103784461990201020202024Lake Ann
2024273
1990201020202024
Section 02

Income & economy

Median household income
$65,833
+2%inflation adjusted, since 2000
from $42,917 in 2000
US average: $66,278
1990 – 2024
Per capita income
$35,671
+105%since 2000
from $17,387 in 2000
US average: $35,364
Households earning $100K+
41.3%
+26.9 ptssince 2009
from 14.4% in 2009
US average: 43.9%
Poverty rate
1.8%
−3.0 ptssince 2000
from 4.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information23.9%
US avg: 11.1%
Retail trade9.7%
US avg: 10%
Wholesale trade9%
US avg: 6.7%
Finance & insurance9%
US avg: 5.5%
Professional, scientific, technical4.5%
US avg: 4.7%
Education & health services4.5%
US avg: 0.8%
Transportation & warehousing1.5%
US avg: 2.5%
Other services1.5%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$268,800
+43%inflation adjusted, since 2000
from $125,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$950
+18%inflation adjusted, since 2000
from $536 in 2000
US average: $1,124
Owner-occupied
77.2%
−6.0 ptssince 2000
from 83.2% in 2000
22.8% rent
Afford Score
4.1
+40%since 2000
from 2.9 in 2000
1990 – 2024
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)
2020
White, non-Hispanic86.1%(235)
Black2.2%(6)
Hispanic / Latino5.1%(14)
Asian0%(0)
Other2.7%(7)
Diversity Score24.3%(66)
Diversity Score
24
+350%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
29.0%
+8.3 ptssince 2000
from 20.7% in 2000
US average: 32.9%
High school or higher
94.0%
+4.1 ptssince 2000
from 89.9% in 2000
US average: 88.5%
Graduate degree
4.5%
+1.5 ptssince 2000
from 3.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.5 min
+47%since 2000
from 18.7 min in 2000
US average: 26.9
Drive alone to work
86.2%
+2.0 ptssince 2009
from 84.1% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.9%
−14.8 ptssince 2011
from 17.7% in 2011
US average: 5.4%
Labor force participation
68.3%
−2.3 ptssince 2011
from 70.6% in 2011
US average: 63.4%
Management & professional
40.3%
−21.8 ptssince 2009
from 62.1% in 2009
US average: 39.3%
Section 08

People & community

Male
46.4%
+0.1 ptssince 2009
from 46.3% in 2009
Female
53.6%
−0.1 ptssince 2009
from 53.7% in 2009
Foreign born
2.3%
−0.4 ptssince 2009
from 2.7% in 2009
US average: 13.5%
Uninsured
5.0%
−80.8 ptssince 2013
from 85.8% in 2013
US average: 8.8%
Drill deeper

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Places similar to Lake Ann
Head to head

Compare Lake Ann to nearby cities

LAKE ANN VS
Traverse City
Income$74,087+13%
Home value$415,400+55%
Population15,832+6133%
SEE FULL COMPARISON →
LAKE ANN VS
Cadillac
Income$51,773−21%
Home value$134,300−50%
Population10,438+4009%
SEE FULL COMPARISON →
LAKE ANN VS
Big Rapids
Income$43,858−33%
Home value$156,400−42%
Population8,623+3295%
SEE FULL COMPARISON →
LAKE ANN VS
Sturgeon Bay
Income$59,926−9%
Home value$236,300−12%
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 2020 American Community Survey.

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

The typical household in Lake Ann, Michigan earns about $65,833 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 $268,800, and the typical rent is about $950 a month.

How educated are people in Lake Ann, Michigan?

About 29.0% 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 1.8% 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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