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Beaver Island, MI
Considering a move to Beaver Island, MI? With a close-knit population of around 600, this beautiful island community offers peaceful living and affordable housing, with median home prices at $225,000 and average rents of $900. Crime rates are very low, and commutes are a breeze at just 7.5 minutes. Residents enjoy a relaxed lifestyle surrounded by nature, with a highly rated local K-12 school and mild, breezy summers. Explore the simple island life and welcoming atmosphere Beaver Island has to offer!
Beaver Island is home to about 600 residents, offering a tranquil, low-density setting ideal for those seeking a slower pace of life. The median age is 52.4, reflecting a mature community, and the population is predominantly White with a small percentage of non-English speakers.
Living costs on Beaver Island are generally below the national average, with a cost of living index of 92.0. Housing is relatively affordable, with median home values at $225,000 and typical rents around $900, making it attractive for both buyers and renters.
Beaver Island offers a safe environment, with a very low violent crime rate of 70 per 100,000 residents and property crime remaining infrequent. The chance of being a victim of violent crime is just 1 in 1,430, contributing to the community’s peaceful reputation.
The island experiences cool, breezy summers with highs averaging 77°F and crisp winters dipping to 15°F. Residents enjoy around 49% sunny days each year, and the area receives about 32.5 inches of rainfall annually, supporting lush natural surroundings.
With a median household income of $48,500 and a poverty rate of 13.5%, Beaver Island's residents enjoy a modest but comfortable lifestyle. The community is well-educated, with over 92% having completed high school, and commute times are short, averaging just 7.5 minutes.
Beaver Island is served by a well-regarded community school with small class sizes, offering personalized attention for its 60 students. For higher education, North Central Michigan College is accessible by ferry, expanding educational opportunities for island residents.
Primary care is locally available at the Beaver Island Rural Health Center, while emergency and advanced services are accessible via ferry to Charlevoix Hospital. Most residents are insured, and there are about 1.5 physicians per 1,000 people, ensuring basic healthcare needs are met.
The housing market is stable, with a median home price of $225,000 and owner occupancy at 78%. Rental options are limited but affordable, and the area has a low foreclosure rate of 0.3%, suggesting a healthy local real estate environment.
DMV services for Beaver Island residents are managed by the Michigan Secretary of State, with resources available online and in-person at the Lansing office. Residents can conveniently access licensing and registration support through the state’s official website.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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