Lathrup Village, MI
Population 4,049 · Michigan
About Lathrup Village, MI
Lathrup Village is a small community in Michigan with a population of 4,049 residents. The median household income is $99,286 per year, which is above the national average. The median age in Lathrup Village is 47.1 years.
Housing in Lathrup Village has a median home value of $270,900 and median monthly rent of $1,497. Of the 1,587 total housing units, the majority are owner-occupied, with 1,429 owner-occupied and 123 renter-occupied units.
The unemployment rate in Lathrup Village is 7.9% and the poverty rate is 5.6%. 51.1% of residents hold a bachelor's degree or higher. The average commute time is 23.2 minutes.
Cost of Living in Lathrup Village, MI
Compared to national averages, Lathrup Village has a median household income of $99,286 (32% above the national median of $75,149). Home values average $270,900, which is 11% above the national median. Monthly rent at $1,497 is 29% above the US average of $1,163. Within Michigan, Lathrup Village's income is 50% above the state average of $66,017, and home values are 48% above the state median of $183,391.
Why Live in Lathrup Village, MI?
Lathrup Village offers a strong local economy with a median household income of $99,286, well above the national average, and a well-educated community where 51.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.6%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Lathrup Village has a population of 4,049 with a median age of 47.1 years. Compare Lathrup Village with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Lathrup Village
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marine City | 4,047 | $63,156 | $146,500 | Compare |
| Otsego | 4,079 | $76,944 | $155,500 | Compare |
| North Muskegon | 4,089 | $101,087 | $241,100 | Compare |
| South Haven | 3,994 | $64,338 | $372,200 | Compare |
| Lowell | 4,133 | $71,406 | $231,100 | Compare |
| Belleville | 3,961 | $59,929 | $162,700 | Compare |
| Dorr | 3,952 | $95,575 | $262,400 | Compare |
| Roosevelt Park | 4,148 | $60,938 | $178,600 | 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 Lathrup Village
What is the population of Lathrup Village, MI?
The population of Lathrup Village, MI is 4,049 according to the latest Census data.
What is the median household income in Lathrup Village?
The median household income in Lathrup Village, MI is $99,286 per year.
What is the median home value in Lathrup Village?
The median home value in Lathrup Village, MI is $270,900.
What is the average rent in Lathrup Village?
The median monthly rent in Lathrup Village, MI is $1,497.
What is the unemployment rate in Lathrup Village?
The unemployment rate in Lathrup Village, MI is 7.9%.