Lake Fenton
Lake Fenton is significantly wealthier than the US average, with a median household income of $94,761. Population has grown 21% since 2000. 50% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $281,700. With a median age of 46.8, the population is older than the US median of 38.8. Households here earn about 60% more than the Michigan median.
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How many people live in Lake Fenton, Michigan?
Lake Fenton, Michigan has about 5,905 residents according to the 2020 American Community Survey.
What is the median household income in Lake Fenton, Michigan?
The typical household in Lake Fenton, Michigan earns about $94,761 a year. Half of households make more than that, and half make less.
Is Lake Fenton, Michigan expensive?
In Lake Fenton, Michigan, the median home is worth about $281,700, and the typical rent is about $987 a month.
How educated are people in Lake Fenton, Michigan?
About 49.6% of adults age 25 and over in Lake Fenton, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Lake Fenton, Michigan?
About 6.2% of people in Lake Fenton, Michigan live below the federal poverty line.
Has Lake Fenton, Michigan grown since 1990?
Yes, Lake Fenton, Michigan has grown since 1990. The population has added about 1,814 residents, a change of about 44 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024