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CITY · 2020 ACS

Three Lakes

Michigan · 167 residents · 5.993 sq mi
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The short version

Three Lakes is significantly wealthier than the US average, with a median household income of $95,417. Population has declined 5% since 2021. Median home value is $246,200. With a median age of 61.8, the population is older than the US median of 38.8. Poverty is rare here, at 1.1% of residents. Households here earn about 61% more than the Michigan median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 61.8
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

167
−5%vs 2021
vs 176 in 2021
2020 – 2024
28 / sq mi
−5%vs 2021
vs 29 / sq mi in 2021
US average: 280
61.8
+4%vs 2021
vs 59.3 in 2021
US average: 38.8
Population, 20202024
16217819521122820202024Three Lakes
2024172
20202024
Section 02

Income & economy

$95,417
+26%inflation adjusted, since 2021
vs $79,375 in 2021
US average: $66,278
2020 – 2024
$42,104
+2%vs 2021
vs $41,395 in 2021
US average: $35,364
Households earning $100K+
56.1%
+1.7 ptsvs 2021
vs 54.4% in 2021
US average: 43.9%
1.1%
Unchangedvs 2021
vs 1.1% in 2021
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing23.8%
US avg: 1.7%
Manufacturing21.3%
US avg: 0.5%
Information20%
US avg: 11.1%
Retail trade11.3%
US avg: 10%
Finance & insurance3.8%
US avg: 5.5%
Professional, scientific, technical3.8%
US avg: 4.7%
Construction2.5%
US avg: 1.2%
Arts, entertainment, food2.5%
US avg: 2%
Other services2.5%
US avg: 6.6%
Public administration2.5%
US avg: 4.7%
Wholesale trade1.3%
US avg: 6.7%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$246,200
+18%inflation adjusted, since 2021
vs $218,300 in 2021
US average: $265,253
2020 – 2024
100.0%
+5.1 ptsvs 2021
vs 94.9% in 2021
0.0% rent
2.6
−6%vs 2021
vs 2.8 in 2021
2020 – 2024
RELATED:See current rent listings in Three Lakes on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic98.3%(173)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other1.7%(3)
Diversity Score4.2%(7)
2020
White, non-Hispanic95.2%(159)
Black0%(0)
Hispanic / Latino0.6%(1)
Asian0%(0)
Other1.7%(3)
Diversity Score5.8%(10)
6
+39%vs 2021
vs 4 in 2021
2020 – 2024
Section 05

Education

24.7%
−2.2 ptsvs 2021
vs 26.9% in 2021
US average: 32.9%
High school or higher
98.1%
−0.6 ptsvs 2021
vs 98.7% in 2021
US average: 88.5%
15.2%
+1.7 ptsvs 2021
vs 13.5% in 2021
US average: 12.7%
Section 06

Commute & transportation

29.9 min
−2%vs 2021
vs 30.7 min in 2021
US average: 26.9
71.8%
−2.5 ptsvs 2021
vs 74.3% in 2021
US average: 75.1%
0.0%
−1.3 ptsvs 2021
vs 1.3% in 2021
US average: 8.4%
Section 07

Work & employment

5.9%
+0.6 ptsvs 2021
vs 5.3% in 2021
US average: 5.4%
50.6%
+5.1 ptsvs 2021
vs 45.5% in 2021
US average: 63.4%
27.5%
−1.7 ptsvs 2021
vs 29.2% in 2021
US average: 39.3%
Section 08

People & community

54.9%
+1.4 ptsvs 2021
vs 53.4% in 2021
45.1%
−1.4 ptsvs 2021
vs 46.6% in 2021
1.7%
−0.6 ptsvs 2021
vs 2.3% in 2021
US average: 13.5%
3.4%
+1.7 ptsvs 2021
vs 1.7% in 2021
US average: 8.8%
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Frequently asked

How many people live in Three Lakes, Michigan?

Three Lakes, Michigan has about 167 residents according to the 2020 American Community Survey.

What is the median household income in Three Lakes, Michigan?

The typical household in Three Lakes, Michigan earns about $95,417 a year. Half of households make more than that, and half make less.

Is Three Lakes, Michigan expensive?

In Three Lakes, Michigan, the median home is worth about $246,200.

How educated are people in Three Lakes, Michigan?

About 24.7% of adults age 25 and over in Three Lakes, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Three Lakes, Michigan?

About 1.1% of people in Three Lakes, 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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