Lake Isabella, MI
Population 1,931 · Michigan
About Lake Isabella, MI
Lake Isabella is a small community in Michigan with a population of 1,931 residents. The median household income is $76,923 per year, which is above the national average. The median age in Lake Isabella is 46.6 years.
Housing in Lake Isabella has a median home value of $176,800 and median monthly rent of $1,139. Of the 1,028 total housing units, the majority are owner-occupied, with 701 owner-occupied and 31 renter-occupied units.
The unemployment rate in Lake Isabella is 3.1% and the poverty rate is 7.8%. 30.8% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
Cost of Living in Lake Isabella, MI
Compared to national averages, Lake Isabella has a median household income of $76,923 (2% above the national median of $75,149). Home values average $176,800, which is 28% below the national median. Monthly rent at $1,139 is 2% below the US average of $1,163. Within Michigan, Lake Isabella's income is 17% above the state average of $66,017, and home values are 4% below the state median of $183,391.
Why Live in Lake Isabella, MI?
Lake Isabella offers a strong local economy with a median household income of $76,923, well above the national average, and affordable housing with a median home value of $176,800, below the US average of $244,900, and rent that’s lower than the national average at $1,139/month. Additionally, the city features a strong job market with an unemployment rate of just 3.1%, and a low poverty rate of 7.8%, better than the national average.
Lake Isabella has a population of 1,931 with a median age of 46.6 years. Compare Lake Isabella with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lake Isabella
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hart | 1,931 | $55,066 | $119,700 | Compare |
| Caledonia | 1,936 | $114,167 | $325,100 | Compare |
| Sebewaing | 1,921 | $50,779 | $94,800 | Compare |
| Pinckney | 1,920 | $92,159 | $251,700 | Compare |
| L'Anse | 1,916 | $55,042 | $100,100 | Compare |
| Baraga | 1,948 | $39,297 | $101,000 | Compare |
| Munising | 1,907 | $54,375 | $112,300 | Compare |
| Capac | 1,903 | $61,000 | $141,300 | 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 Isabella
What is the population of Lake Isabella, MI?
The population of Lake Isabella, MI is 1,931 according to the latest Census data.
What is the median household income in Lake Isabella?
The median household income in Lake Isabella, MI is $76,923 per year.
What is the median home value in Lake Isabella?
The median home value in Lake Isabella, MI is $176,800.
What is the average rent in Lake Isabella?
The median monthly rent in Lake Isabella, MI is $1,139.
What is the unemployment rate in Lake Isabella?
The unemployment rate in Lake Isabella, MI is 3.1%.