Lake Odessa, MI
Population 2,174 · Michigan
About Lake Odessa, MI
Lake Odessa is a small community in Michigan with a population of 2,174 residents. The median household income is $71,157 per year, which is above the national average. The median age in Lake Odessa is 35 years.
Housing in Lake Odessa has a median home value of $150,300 and median monthly rent of $688. Of the 769 total housing units, the majority are owner-occupied, with 569 owner-occupied and 144 renter-occupied units.
The unemployment rate in Lake Odessa is 6.4% and the poverty rate is 12.5%. 20.4% of residents hold a bachelor's degree or higher. The average commute time is 26.9 minutes.
Cost of Living in Lake Odessa, MI
Compared to national averages, Lake Odessa has a median household income of $71,157 (5% below the national median of $75,149). Home values average $150,300, which is 39% below the national median. Monthly rent at $688 is 41% below the US average of $1,163. Within Michigan, Lake Odessa's income is 8% above the state average of $66,017, and home values are 18% below the state median of $183,391.
Why Live in Lake Odessa, MI?
Lake Odessa offers affordable housing with a median home value of $150,300, below the US average of $244,900, and rent that’s lower than the national average at $688/month.
Potential considerations include median household income ($71,157) that falls below the national average. However, Lake Odessa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Odessa has a population of 2,174 with a median age of 35 years. Compare Lake Odessa with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lake Odessa
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Branch | 2,177 | $40,078 | $114,300 | Compare |
| Leslie | 2,167 | $67,355 | $124,100 | Compare |
| Bronson | 2,183 | $46,607 | $93,900 | Compare |
| Clio | 2,165 | $50,678 | $119,100 | Compare |
| Cass City | 2,189 | $55,500 | $102,300 | Compare |
| Yale | 2,157 | $50,673 | $112,100 | Compare |
| Constantine | 2,196 | $71,929 | $110,600 | Compare |
| Perry | 2,198 | $73,468 | $144,400 | 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 Odessa With Other Cities
Frequently Asked Questions about Lake Odessa
What is the population of Lake Odessa, MI?
The population of Lake Odessa, MI is 2,174 according to the latest Census data.
What is the median household income in Lake Odessa?
The median household income in Lake Odessa, MI is $71,157 per year.
What is the median home value in Lake Odessa?
The median home value in Lake Odessa, MI is $150,300.
What is the average rent in Lake Odessa?
The median monthly rent in Lake Odessa, MI is $688.
What is the unemployment rate in Lake Odessa?
The unemployment rate in Lake Odessa, MI is 6.4%.