Central Lake, MI
Population 976 · Michigan
About Central Lake, MI
Central Lake is a small community in Michigan with a population of 976 residents. The median household income is $58,900 per year, which is near the national average. The median age in Central Lake is 31.2 years.
Housing in Central Lake has a median home value of $152,800 and median monthly rent of $994. Of the 538 total housing units, the majority are owner-occupied, with 268 owner-occupied and 76 renter-occupied units.
The unemployment rate in Central Lake is 2.5% and the poverty rate is 8.7%. 23.7% of residents hold a bachelor's degree or higher. The average commute time is 23.1 minutes.
Cost of Living in Central Lake, MI
Compared to national averages, Central Lake has a median household income of $58,900 (22% below the national median of $75,149). Home values average $152,800, which is 38% below the national median. Monthly rent at $994 is 15% below the US average of $1,163. Within Michigan, Central Lake's income is 11% below the state average of $66,017, and home values are 17% below the state median of $183,391.
Why Live in Central Lake, MI?
Central Lake offers affordable housing with a median home value of $152,800, below the US average of $244,900, and rent that’s lower than the national average at $994/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 8.7%, better than the national average, and short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($58,900) that falls below the national average. However, Central Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Central Lake has a population of 976 with a median age of 31.2 years. Compare Central Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Central Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hubbard Lake | 976 | $67,841 | $272,300 | Compare |
| Lewiston | 980 | $41,266 | $159,100 | Compare |
| Mayville | 971 | $50,735 | $108,700 | Compare |
| Au Gres | 982 | $65,852 | $154,300 | Compare |
| Hubbell | 970 | $49,545 | $77,100 | Compare |
| Napoleon | 969 | $50,722 | $123,500 | Compare |
| Crystal | 966 | $50,278 | $192,500 | Compare |
| Otisville | 955 | $60,500 | $102,300 | Compare |
Demographics
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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 Central Lake
What is the population of Central Lake, MI?
The population of Central Lake, MI is 976 according to the latest Census data.
What is the median household income in Central Lake?
The median household income in Central Lake, MI is $58,900 per year.
What is the median home value in Central Lake?
The median home value in Central Lake, MI is $152,800.
What is the average rent in Central Lake?
The median monthly rent in Central Lake, MI is $994.
What is the unemployment rate in Central Lake?
The unemployment rate in Central Lake, MI is 2.5%.