Lake LeAnn, MI
Population 1,522 · Michigan
About Lake LeAnn, MI
Lake LeAnn is a small town located in Michigan with a population of 1,522 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,417 per year, which is 14% above the national median of $75,149. The median age of 51.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake LeAnn features a median home value of $258,400, which is 6% above the national median of $244,900. This positions Lake LeAnn in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 886 total housing units, 99% are owner-occupied (653 units) and 1% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake LeAnn shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake LeAnn have an average one-way commute time of 38.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
30.2% of Lake LeAnn residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Lake LeAnn, MI
Compared to national averages, Lake LeAnn has a median household income of $85,417 (14% above the national median of $75,149). Home values average $258,400, which is 6% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Lake LeAnn's income is 29% above the state average of $66,017, and home values are 41% above the state median of $183,391.
Why Live in Lake LeAnn, MI?
Lake LeAnn offers a strong local economy with a median household income of $85,417, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 4.7%, better than the national average.
Lake LeAnn has a population of 1,522 with a median age of 51.9 years. Compare Lake LeAnn with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lake LeAnn
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mio | 1,504 | $47,578 | $96,600 | Compare |
| Mancelona | 1,496 | $50,430 | $123,900 | Compare |
| Quincy | 1,487 | $59,079 | $111,800 | Compare |
| Elk Rapids | 1,558 | $78,472 | $348,400 | Compare |
| Laurium | 1,486 | $42,206 | $87,600 | Compare |
| Ravenna | 1,472 | $73,233 | $191,300 | Compare |
| Harbor Beach | 1,576 | $39,844 | $104,200 | Compare |
| Shorewood-Tower Hills-Harbert | 1,468 | $80,642 | $296,000 | 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.
Compare Lake LeAnn With Other Cities
Frequently Asked Questions about Lake LeAnn
What is the population of Lake LeAnn, MI?
The population of Lake LeAnn, MI is 1,522 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Lake LeAnn?
The median household income in Lake LeAnn, MI is $85,417 per year, which is 14% above the national median of $75,149.
What is the median home value in Lake LeAnn?
The median home value in Lake LeAnn, MI is $258,400, which is 6% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake LeAnn?
The median monthly rent in Lake LeAnn, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake LeAnn?
The unemployment rate in Lake LeAnn, MI is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake LeAnn, MI a good place to live?
Lake LeAnn offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,522 and a median age of 51.9, the city appeals to established professionals and retirees.
How educated is Lake LeAnn, MI?
30.2% of residents in Lake LeAnn aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake LeAnn?
Key cost-of-living indicators for Lake LeAnn, MI: median home value is $258,400 (6% above national), median rent is $0/month, and median household income is $85,417. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake LeAnn?
The poverty rate in Lake LeAnn, MI is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake LeAnn, MI?
Lake LeAnn's population is 0.0% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.2% of residents are foreign-born.