Lake Ann, MI
Population 235 · Michigan
About Lake Ann, MI
Lake Ann is a small community in Michigan with a population of 235 residents. The median household income is $87,500 per year, which is above the national average. The median age in Lake Ann is 45.4 years.
Housing in Lake Ann has a median home value of $329,400 and median monthly rent of $1,219. Of the 159 total housing units, the majority are owner-occupied, with 80 owner-occupied and 22 renter-occupied units.
The unemployment rate in Lake Ann is 6.9% and the poverty rate is 2.6%. 36.1% of residents hold a bachelor's degree or higher. The average commute time is 21.7 minutes.
Cost of Living in Lake Ann, MI
Compared to national averages, Lake Ann has a median household income of $87,500 (16% above the national median of $75,149). Home values average $329,400, which is 35% above the national median. Monthly rent at $1,219 is 5% above the US average of $1,163. Within Michigan, Lake Ann's income is 33% above the state average of $66,017, and home values are 80% above the state median of $183,391.
Why Live in Lake Ann, MI?
Lake Ann offers a strong local economy with a median household income of $87,500, well above the national average, and a well-educated community where 36.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average. Additionally, the city features short commute times averaging just 21.7 minutes.
Lake Ann has a population of 235 with a median age of 45.4 years. Compare Lake Ann with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lake Ann
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burlington | 231 | $52,639 | $83,800 | Compare |
| De Tour Village | 231 | $41,250 | $213,000 | Compare |
| Omena | 240 | $113,611 | $542,700 | Compare |
| Rapid River | 230 | $39,375 | $105,600 | Compare |
| Beulah | 229 | $46,250 | $410,000 | Compare |
| Fountain | 229 | $47,500 | $100,000 | Compare |
| Copper City | 226 | $48,750 | $85,600 | Compare |
| Wolverine | 226 | $48,250 | $123,600 | 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 Lake Ann
What is the population of Lake Ann, MI?
The population of Lake Ann, MI is 235 according to the latest Census data.
What is the median household income in Lake Ann?
The median household income in Lake Ann, MI is $87,500 per year.
What is the median home value in Lake Ann?
The median home value in Lake Ann, MI is $329,400.
What is the average rent in Lake Ann?
The median monthly rent in Lake Ann, MI is $1,219.
What is the unemployment rate in Lake Ann?
The unemployment rate in Lake Ann, MI is 6.9%.