Farwell vs Lake Michigan Beach
Side-by-side comparison
How does Farwell, MI compare to Lake Michigan Beach, MI? Farwell has a population of 1,086 with a median household income of $40,667, while Lake Michigan Beach has 914 residents and a median income of $61,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Farwell, MI | Lake Michigan Beach, MI | Difference |
|---|---|---|---|
| Population | 1,086 | 914 | +18.8% |
| Median Age | 39.5 | 52.8 | -25.2% |
| Foreign Born % | 0.6% | 1.4% | -57.1% |
| Metric | Farwell | Lake Michigan Beach | Difference |
|---|---|---|---|
| Median Income | $40,667 | $61,250 | -33.6% |
| Unemployment | 5.3% | 0% | +530.0% |
| Poverty Rate | 26.3% | 4.9% | +436.7% |
| Bachelor's+ | 11.8% | 31.9% | -63.0% |
| Metric | Farwell | Lake Michigan Beach | Difference |
|---|---|---|---|
| Home Value | $95,800 | $259,900 | -63.1% |
| Median Rent | $496/mo | $0/mo | +49600.0% |
| Housing Units | 451 | 952 | -52.6% |