Barnes Lake, MI
Population 468 · Michigan
About Barnes Lake, MI
Barnes Lake is a small community located in Michigan with a population of 468 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,585 per year, which is 1% above the national median of $75,149. The median age of 29.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Barnes Lake features a median home value of $212,300, which is 13% below the national median of $244,900. This positions Barnes Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 393 total housing units, 95% are owner-occupied (177 units) and 5% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Barnes Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Barnes Lake have an average one-way commute time of 61.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
35.9% of Barnes Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Barnes Lake, MI
Compared to national averages, Barnes Lake has a median household income of $75,585 (1% above the national median of $75,149). Home values average $212,300, which is 13% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Barnes Lake's income is 14% above the state average of $66,017, and home values are 16% above the state median of $183,391.
Why Live in Barnes Lake, MI?
Barnes Lake offers a strong local economy with a median household income of $75,585, well above the national average, and affordable housing with a median home value of $212,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 35.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.5%, better than the national average.
Barnes Lake has a population of 468 with a median age of 29.4 years. Compare Barnes Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Barnes Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomingdale | 467 | $65,417 | $113,500 | Compare |
| Perrinton | 467 | $52,868 | $99,400 | Compare |
| Barton Hills | 478 | $250,001 | $1,237,800 | Compare |
| North Adams | 480 | $54,250 | $99,000 | Compare |
| Sand Lake | 480 | $32,083 | $152,800 | Compare |
| New Era | 453 | $81,500 | $172,200 | Compare |
| Harrisville | 484 | $36,089 | $108,700 | Compare |
| Woodland | 485 | $47,500 | $143,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Barnes Lake With Other Cities
Frequently Asked Questions about Barnes Lake
What is the population of Barnes Lake, MI?
The population of Barnes Lake, MI is 468 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Barnes Lake?
The median household income in Barnes Lake, MI is $75,585 per year, which is 1% above the national median of $75,149.
What is the median home value in Barnes Lake?
The median home value in Barnes Lake, MI is $212,300, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Barnes Lake?
The median monthly rent in Barnes Lake, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Barnes Lake?
The unemployment rate in Barnes Lake, MI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Barnes Lake, MI a good place to live?
Barnes Lake offers above-average incomes, affordable housing, and a strong job market. With a population of 468 and a median age of 29.4, the city appeals to young professionals and families.
How educated is Barnes Lake, MI?
35.9% of residents in Barnes Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Barnes Lake?
Key cost-of-living indicators for Barnes Lake, MI: median home value is $212,300 (13% below national), median rent is $0/month, and median household income is $75,585. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Barnes Lake?
The poverty rate in Barnes Lake, MI is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Barnes Lake, MI?
Barnes Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.