9 Central Lake, MI 49622, USA apartments for sale
Central Lake
According to statistics, the population in Central Lake, MI amounts to 986, which shows decline -3% compared to the previous year. The median age of the city’s residents is 45. The average household income is $41,719, shifting growth 5% from the past year, and the average property value in Central Lake, MI growth 7% to $82,700 throughout the year.
| Population | 986 |
| Median Age | 45.4 |
| Poverty Rate | 10% |
| Household Income | $41,719 |
| Number Of Employees | 444 |
| Median Property Value | $82,700 |
Household Income
The average household income in Central Lake, MI grew from $39,797 to $41,719 in the past year. This data is an estimate based upon 439 households in Central Lake, MI . The chart below presents how household income is distributed in Central Lake, MI in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Central Lake, MI shifted from $77,600 to $82,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Central Lake, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Central Lake, MI properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Central Lake, MI compared to median property taxes around the country. The prevalent amount of property taxes in Central Lake, MI equals $1150, which is less than the national average.