Lakeview, MI
Population 1,049 · Michigan
About Lakeview, MI
Lakeview is a small community in Michigan with a population of 1,049 residents. The median household income is $30,865 per year, which is below the national average. The median age in Lakeview is 31.9 years.
Housing in Lakeview has a median home value of $152,900 and median monthly rent of $507. Of the 419 total housing units, the majority are owner-occupied, with 259 owner-occupied and 138 renter-occupied units.
The unemployment rate in Lakeview is 21.5% and the poverty rate is 33.1%. 10.4% of residents hold a bachelor's degree or higher. The average commute time is 32.2 minutes.
How Lakeview Ranks in Michigan
Cost of Living in Lakeview, MI
Compared to national averages, Lakeview has a median household income of $30,865 (59% below the national median of $75,149). Home values average $152,900, which is 38% below the national median. Monthly rent at $507 is 56% below the US average of $1,163. Within Michigan, Lakeview's income is 53% below the state average of $66,017, and home values are 17% below the state median of $183,391.
Why Live in Lakeview, MI?
Lakeview offers affordable housing with a median home value of $152,900, below the US average of $244,900, and rent that’s lower than the national average at $507/month.
Potential considerations include median household income ($30,865) that falls below the national average. However, Lakeview’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakeview has a population of 1,049 with a median age of 31.9 years. Compare Lakeview with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lakeview
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brooklyn | 1,047 | $48,750 | $176,900 | Compare |
| Coloma | 1,051 | $62,778 | $160,400 | Compare |
| Lake Linden | 1,042 | $42,961 | $93,200 | Compare |
| Deckerville | 1,057 | $59,375 | $81,900 | Compare |
| Vineyard Lake | 1,038 | $83,636 | $266,900 | Compare |
| Beaverton | 1,036 | $31,625 | $102,900 | Compare |
| Roscommon | 1,029 | $54,375 | $81,600 | Compare |
| Dollar Bay | 1,070 | $63,500 | $196,200 | 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 Lakeview
What is the population of Lakeview, MI?
The population of Lakeview, MI is 1,049 according to the latest Census data.
What is the median household income in Lakeview?
The median household income in Lakeview, MI is $30,865 per year.
What is the median home value in Lakeview?
The median home value in Lakeview, MI is $152,900.
What is the average rent in Lakeview?
The median monthly rent in Lakeview, MI is $507.
What is the unemployment rate in Lakeview?
The unemployment rate in Lakeview, MI is 21.5%.