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CITY

Lakeport

Michigan · 742 residents · 1.034 sq mi
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The short version

Lakeport has notably lower household income than the US average, with a median household income of $54,236. Population has held roughly steady since 2023. Median home value is $206,400. With a median age of 45.1, the population is older than the US median of 38.9. Households here earn about 26% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 45.1
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
742
−1%since 2023
from 746 in 2023
2020 – 2024
Population density
718 / sq mi
−1%since 2023
from 721 / sq mi in 2023
US average: 281
Median age
45.1
+4%since 2023
from 43.5 in 2023
US average: 38.9
Population, 2020 – 2024
65569473377281120202024Lakeport
2024742
20202024
Section 02

Income & economy

Median household income
$54,236
−5%inflation adjusted, since 2023
from $55,167 in 2023
US average: $82,259
2020 – 2024
Per capita income
$40,477
Unchangedsince 2023
from $40,574 in 2023
US average: $44,673
Households earning $100K+
31.0%
−3.5 ptssince 2023
from 34.5% in 2023
US average: 53.3%
Poverty rate
17.3%
+1.7 ptssince 2023
from 15.6% in 2023
US average: 12.5%
Income inequality (Gini)
0.479
+3%since 2023
from 0.464 in 2023
US average: 0.476
Workforce by industry, 2024
Information17.8%
US avg: 10.8%
Retail trade7%
US avg: 9.9%
Finance & insurance4.7%
US avg: 5.9%
Professional, scientific, technical4.7%
US avg: 5.1%
Wholesale trade2.9%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$206,400
+17%inflation adjusted, since 2023
from $172,000 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,125
−6%inflation adjusted, since 2023
from $1,162 in 2023
US average: $1,442
Owner-occupied
84.9%
−1.6 ptssince 2023
from 86.5% in 2023
15.1% rent
Vacancy rate
35.0%
+6.6 ptssince 2023
from 28.5% in 2023
US average: 10.0%
Owner cost-burdened
3.1%
Unchangedsince 2023
from 3.0% in 2023
US average: 22.9%
Renter cost-burdened
75.0%
+9.8 ptssince 2023
from 65.2% in 2023
US average: 47.4%
Afford Score
3.8
+22%since 2023
from 3.1 in 2023
2020 – 2024
RELATED:See current rent listings in Lakeport on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic92%(686)
Black4.6%(34)
Hispanic / Latino0.7%(5)
Asian2.1%(16)
Other0.7%(5)
Diversity Score19%(142)
2024
White, non-Hispanic95%(705)
Black2.2%(16)
Hispanic / Latino0.4%(3)
Asian1.8%(13)
Other0.7%(5)
Diversity Score12.1%(89)
Diversity Score
12
−36%since 2023
from 19 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
41.4%
−1.2 ptssince 2023
from 42.6% in 2023
US average: 35.6%
High school or higher
94.4%
−0.4 ptssince 2023
from 94.8% in 2023
US average: 89.6%
Graduate degree
22.2%
−0.1 ptssince 2023
from 22.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.3 min
+6%since 2023
from 21.9 min in 2023
US average: 26.5
Drive alone to work
72.2%
+2.7 ptssince 2023
from 69.5% in 2023
US average: 68.9%
Carpooled to work
9.9%
−0.3 ptssince 2023
from 10.3% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
14.6%
−0.9 ptssince 2023
from 15.5% in 2023
US average: 15.0%
Walked to work
0.3%
−0.3 ptssince 2023
from 0.6% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.0%
+0.3 ptssince 2023
from 1.8% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.3%
Unchangedsince 2023
from 2.3% in 2023
US average: 5.2%
Labor force participation
57.0%
+1.1 ptssince 2023
from 55.9% in 2023
US average: 63.5%
Self-employed
13.5%
+1.1 ptssince 2023
from 12.3% in 2023
US average: 13.1%
Management & professional
59.4%
−6.3 ptssince 2023
from 65.7% in 2023
US average: 42.5%
Section 08

People & community

Male
44.9%
+0.8 ptssince 2023
from 44.1% in 2023
Female
55.1%
−0.8 ptssince 2023
from 55.9% in 2023
Foreign born
0.0%
−1.1 ptssince 2023
from 1.1% in 2023
US average: 14.1%
Veterans
20.0%
+1.5 ptssince 2023
from 18.6% in 2023
US average: 6.2%
With a disability
14.2%
−5.8 ptssince 2023
from 20.0% in 2023
US average: 13.3%
Uninsured
4.2%
Unchangedsince 2023
from 4.2% in 2023
US average: 8.4%
Broadband at home
97.1%
−0.3 ptssince 2023
from 97.4% in 2023
US average: 91.0%
English only at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Pop 873
Places similar to Lakeport
Head to head

Compare Lakeport to nearby cities

LAKEPORT VS
Port Huron
Income$50,366−7%
Home value$149,300−28%
Population28,273+3710%
SEE FULL COMPARISON →
LAKEPORT VS
Marysville
Income$66,901+23%
Home value$208,600+1%
Population9,868+1230%
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LAKEPORT VS
New Baltimore
Income$106,033+96%
Home value$323,200+57%
Population12,123+1534%
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LAKEPORT VS
Mount Clemens
Income$52,310−4%
Home value$179,400−13%
Population15,419+1978%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakeport, Michigan?

Lakeport, Michigan has about 742 residents according to the 2024 American Community Survey.

What is the median household income in Lakeport, Michigan?

The typical household in Lakeport, Michigan earns about $54,236 a year. Half of households make more than that, and half make less.

Is Lakeport, Michigan expensive?

In Lakeport, Michigan, the median home is worth about $206,400, and the typical rent is about $1,125 a month.

How educated are people in Lakeport, Michigan?

About 41.4% of adults age 25 and over in Lakeport, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Lakeport, Michigan?

About 17.3% of people in Lakeport, Michigan live below the federal poverty line.

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

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