Twin Lake, MI
Population 1,997 · Michigan
About Twin Lake, MI
Twin Lake is a small town located in Michigan with a population of 1,997 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,150 per year, which is 7% above the national median of $75,149. The median age of 47.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Twin Lake features a median home value of $232,300, which is 5% below the national median of $244,900. This positions Twin Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,059 total housing units, 94% are owner-occupied (807 units) and 6% are renter-occupied (50 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Twin Lake shows an unemployment rate of 19.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Twin Lake have an average one-way commute time of 27.7 minutes.
Education & Demographics
29.1% of Twin Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 3.3% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Twin Lake, MI
Compared to national averages, Twin Lake has a median household income of $80,150 (7% above the national median of $75,149). Home values average $232,300, which is 5% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Twin Lake's income is 21% above the state average of $66,017, and home values are 27% above the state median of $183,391.
Why Live in Twin Lake, MI?
Twin Lake offers a strong local economy with a median household income of $80,150, well above the national average, and affordable housing with a median home value of $232,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 4.9%, better than the national average.
Twin Lake has a population of 1,997 with a median age of 47.8 years. Compare Twin Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Twin Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stony Point | 1,999 | $57,250 | $205,400 | Compare |
| Parchment | 2,012 | $54,572 | $178,400 | Compare |
| Saranac | 1,973 | $64,157 | $183,300 | Compare |
| Goodrich | 2,024 | $103,864 | $238,300 | Compare |
| Brownlee Park | 2,037 | $31,653 | $73,200 | Compare |
| Berrien Springs | 2,043 | $64,545 | $148,800 | Compare |
| Auburn | 2,045 | $68,935 | $157,500 | Compare |
| Baraga | 1,948 | $39,297 | $101,000 | 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 Twin Lake With Other Cities
Frequently Asked Questions about Twin Lake
What is the population of Twin Lake, MI?
The population of Twin Lake, MI is 1,997 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Twin Lake?
The median household income in Twin Lake, MI is $80,150 per year, which is 7% above the national median of $75,149.
What is the median home value in Twin Lake?
The median home value in Twin Lake, MI is $232,300, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Twin Lake?
The median monthly rent in Twin Lake, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Twin Lake?
The unemployment rate in Twin Lake, MI is 19.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Twin Lake, MI a good place to live?
Twin Lake offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,997 and a median age of 47.8, the city appeals to established professionals and retirees.
How educated is Twin Lake, MI?
29.1% of residents in Twin Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Twin Lake?
Key cost-of-living indicators for Twin Lake, MI: median home value is $232,300 (5% below national), median rent is $0/month, and median household income is $80,150. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Twin Lake?
The poverty rate in Twin Lake, MI is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Twin Lake, MI?
Twin Lake's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 3.3% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.