Fife Lake, MI
Population 359 · Michigan
About Fife Lake, MI
Fife Lake is a small community in Michigan with a population of 359 residents. The median household income is $67,188 per year, which is near the national average. The median age in Fife Lake is 49.3 years.
Housing in Fife Lake has a median home value of $185,200 and median monthly rent of $1,000. Of the 247 total housing units, the majority are owner-occupied, with 137 owner-occupied and 22 renter-occupied units.
The unemployment rate in Fife Lake is 2.1% and the poverty rate is 6.1%. 24.4% of residents hold a bachelor's degree or higher. The average commute time is 37.4 minutes.
Cost of Living in Fife Lake, MI
Compared to national averages, Fife Lake has a median household income of $67,188 (11% below the national median of $75,149). Home values average $185,200, which is 24% below the national median. Monthly rent at $1,000 is 14% below the US average of $1,163. Within Michigan, Fife Lake's income is 2% above the state average of $66,017, and home values are 1% above the state median of $183,391.
Why Live in Fife Lake, MI?
Fife Lake offers affordable housing with a median home value of $185,200, below the US average of $244,900, and rent that’s lower than the national average at $1,000/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Potential considerations include median household income ($67,188) that falls below the national average. However, Fife Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fife Lake has a population of 359 with a median age of 49.3 years. Compare Fife Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Fife Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leonard | 359 | $91,250 | $243,800 | Compare |
| Jasper | 358 | $54,643 | $124,100 | Compare |
| Manistee Lake | 364 | $52,917 | $153,600 | Compare |
| Painesdale | 353 | $62,436 | $84,800 | Compare |
| Zeba | 353 | $42,500 | $97,000 | Compare |
| Horton Bay | 352 | $76,833 | $275,000 | Compare |
| Prescott | 352 | $55,673 | $71,100 | Compare |
| Grand Beach | 368 | $115,000 | $1,081,700 | 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 Fife Lake
What is the population of Fife Lake, MI?
The population of Fife Lake, MI is 359 according to the latest Census data.
What is the median household income in Fife Lake?
The median household income in Fife Lake, MI is $67,188 per year.
What is the median home value in Fife Lake?
The median home value in Fife Lake, MI is $185,200.
What is the average rent in Fife Lake?
The median monthly rent in Fife Lake, MI is $1,000.
What is the unemployment rate in Fife Lake?
The unemployment rate in Fife Lake, MI is 2.1%.