Carp Lake, MI
Population 407 · Michigan
About Carp Lake, MI
Carp Lake is a small community in Michigan with a population of 407 residents. The median household income is $27,318 per year, which is below the national average. The median age in Carp Lake is 40.3 years.
Housing in Carp Lake has a median home value of $170,800 and median monthly rent of $565. Of the 447 total housing units, the majority are owner-occupied, with 105 owner-occupied and 50 renter-occupied units.
The unemployment rate in Carp Lake is 8.3% and the poverty rate is 45.9%. 16.3% of residents hold a bachelor's degree or higher. The average commute time is 22.2 minutes.
How Carp Lake Ranks in Michigan
Cost of Living in Carp Lake, MI
Compared to national averages, Carp Lake has a median household income of $27,318 (64% below the national median of $75,149). Home values average $170,800, which is 30% below the national median. Monthly rent at $565 is 51% below the US average of $1,163. Within Michigan, Carp Lake's income is 59% below the state average of $66,017, and home values are 7% below the state median of $183,391.
Why Live in Carp Lake, MI?
Carp Lake offers affordable housing with a median home value of $170,800, below the US average of $244,900, and rent that’s lower than the national average at $565/month, and short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($27,318) that falls below the national average. However, Carp Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carp Lake has a population of 407 with a median age of 40.3 years. Compare Carp Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Carp Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lost Lake Woods | 407 | $69,375 | $172,000 | Compare |
| Estral Beach | 406 | $63,462 | $207,900 | Compare |
| Barryton | 405 | $47,857 | $77,900 | Compare |
| Brethren | 405 | $42,434 | $104,500 | Compare |
| Palo | 409 | $34,403 | $92,600 | Compare |
| White Pine | 404 | $39,792 | $59,700 | Compare |
| Clarksville | 403 | $69,375 | $169,800 | Compare |
| Hanover | 413 | $68,333 | $142,700 | 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.
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Frequently Asked Questions about Carp Lake
What is the population of Carp Lake, MI?
The population of Carp Lake, MI is 407 according to the latest Census data.
What is the median household income in Carp Lake?
The median household income in Carp Lake, MI is $27,318 per year.
What is the median home value in Carp Lake?
The median home value in Carp Lake, MI is $170,800.
What is the average rent in Carp Lake?
The median monthly rent in Carp Lake, MI is $565.
What is the unemployment rate in Carp Lake?
The unemployment rate in Carp Lake, MI is 8.3%.