Lake Victoria, MI
Population 1,002 · Michigan
About Lake Victoria, MI
Lake Victoria is a small community in Michigan with a population of 1,002 residents. The median household income is $123,594 per year, which is above the national average. The median age in Lake Victoria is 48.2 years.
Housing in Lake Victoria has a median home value of $301,900 and median monthly rent of $0. Of the 440 total housing units, the majority are owner-occupied, with 440 owner-occupied and 0 renter-occupied units.
The unemployment rate in Lake Victoria is 5.0% and the poverty rate is 0.0%. 49.4% of residents hold a bachelor's degree or higher. The average commute time is 32.7 minutes.
How Lake Victoria Ranks in Michigan
Cost of Living in Lake Victoria, MI
Compared to national averages, Lake Victoria has a median household income of $123,594 (64% above the national median of $75,149). Home values average $301,900, which is 23% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Lake Victoria's income is 87% above the state average of $66,017, and home values are 65% above the state median of $183,391.
Why Live in Lake Victoria, MI?
Lake Victoria offers a strong local economy with a median household income of $123,594, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 49.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Lake Victoria has a population of 1,002 with a median age of 48.2 years. Compare Lake Victoria with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lake Victoria
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hesperia | 1,007 | $44,271 | $121,300 | Compare |
| Chums Corner | 1,012 | $72,933 | $279,200 | Compare |
| Richland | 1,014 | $84,333 | $248,400 | Compare |
| Harbor Springs | 1,015 | $60,556 | $368,100 | Compare |
| Au Gres | 982 | $65,852 | $154,300 | Compare |
| Lewiston | 980 | $41,266 | $159,100 | Compare |
| Central Lake | 976 | $58,900 | $152,800 | Compare |
| Hubbard Lake | 976 | $67,841 | $272,300 | 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 Victoria
What is the population of Lake Victoria, MI?
The population of Lake Victoria, MI is 1,002 according to the latest Census data.
What is the median household income in Lake Victoria?
The median household income in Lake Victoria, MI is $123,594 per year.
What is the median home value in Lake Victoria?
The median home value in Lake Victoria, MI is $301,900.
What is the average rent in Lake Victoria?
The median monthly rent in Lake Victoria, MI is $0.
What is the unemployment rate in Lake Victoria?
The unemployment rate in Lake Victoria, MI is 5.0%.