Three Lakes, MI
Population 222 · Michigan
About Three Lakes, MI
Three Lakes is a small community in Michigan with a population of 222 residents. The median household income is $105,833 per year, which is above the national average. The median age in Three Lakes is 60.5 years.
Housing in Three Lakes has a median home value of $258,300 and median monthly rent of $0. Of the 256 total housing units, the majority are owner-occupied, with 95 owner-occupied and 7 renter-occupied units.
The unemployment rate in Three Lakes is 2.2% and the poverty rate is 3.2%. 37.7% of residents hold a bachelor's degree or higher. The average commute time is 42.7 minutes.
Cost of Living in Three Lakes, MI
Compared to national averages, Three Lakes has a median household income of $105,833 (41% above the national median of $75,149). Home values average $258,300, which is 5% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Three Lakes's income is 60% above the state average of $66,017, and home values are 41% above the state median of $183,391.
Why Live in Three Lakes, MI?
Three Lakes offers a strong local economy with a median household income of $105,833, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features a well-educated community where 37.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.2%, better than the national average.
Three Lakes has a population of 222 with a median age of 60.5 years. Compare Three Lakes with other cities to see how it stacks up, or explore all cities in Michigan.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Three Lakes
What is the population of Three Lakes, MI?
The population of Three Lakes, MI is 222 according to the latest Census data.
What is the median household income in Three Lakes?
The median household income in Three Lakes, MI is $105,833 per year.
What is the median home value in Three Lakes?
The median home value in Three Lakes, MI is $258,300.
What is the average rent in Three Lakes?
The median monthly rent in Three Lakes, MI is $0.
What is the unemployment rate in Three Lakes?
The unemployment rate in Three Lakes, MI is 2.2%.