Everything You Should Know Before Moving to Elk Rapids, MI
Considering a move to Elk Rapids, MI? This friendly lakeside village of 1,627 offers affordable living with a median home price around $308,000 and average rent of $1,060. Residents enjoy low crime rates (just 81 violent crimes per 100K), a short 21-minute average commute, and access to quality schools. With beautiful summers, four distinct seasons, and easy access to healthcare and recreation, Elk Rapids is ideal for those seeking a relaxed, community-focused lifestyle in northern Michigan.
Demographics - Elk Rapids, MI
Demographics - Elk Rapids, MI
Elk Rapids is a close-knit village of 1,627 residents, characterized by a predominantly White population and a median age of 53.8, reflecting a mature and settled community. The area maintains a balanced gender ratio and a modest proportion of non-English speakers, fostering a stable and welcoming atmosphere.
Population:
1,627
Density:
900 per sq mi
Median Age:
53.8
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
3.4%

Ethnic Composition
White:
96.4%
Black:
0.2%
Asian:
0.5%
Others:
2.9%
Cost Of Living
What is the average cost of living in Elk Rapids, MI?
The cost of living in Elk Rapids is slightly below the national average, with a median home value of $308,000 and average rent at $1,060, making it an affordable option for both homeowners and renters. Utilities and healthcare costs are on par with or just above state averages, and Michigan’s flat income tax rate of 4.25% helps keep expenses predictable.
Median House Value:
$308,000
Gross Rent:
$1,060
Monthly Electricity Charges:
$120
Auto Insurance:
$1,260
House Owner Cost With Mortgage:
$1,480
House Owner Cost Without Mortgage:
$530
State Taxes:
Low:
4.25%
|
High:
4.25%
Cost Of Living Index:
98.2
Grocery:
96.0
Housing:
94.5
Utilities:
104.1
Transportation:
98.5
Health Care:
97.2
Miscellaneous:
95.0
Crime
Is Elk Rapids, MI a safe place to live?
Elk Rapids enjoys a notably low crime rate, with only 81 violent crimes and 1,210 property crimes per 100,000 residents, making it a safe place to settle. The chance of experiencing violent crime is about 1 in 1,235, offering peace of mind to families and retirees alike.
Violent Crimes Per 100k:
81
Property Crimes Per 100k:
1,210
Crime Index:
1,291
Chance Of Violent Crime:
1 in 1,235
Chance Of Property Crime:
1 in 83
Weather
What is the weather like in Elk Rapids, MI year-round?
Residents experience all four seasons in Elk Rapids, with warm summers reaching up to 79°F and cold winters dipping to 16°F. The area receives about 32.5 inches of annual rainfall and enjoys sunshine nearly half the year, creating an inviting climate for outdoor activities.

Winter
Min:
16°F
Max:
29°F

Spring
Min:
36°F
Max:
59°F

Summer
Min:
56°F
Max:
79°F

Fall
Min:
41°F
Max:
61°F
Average Rainfall Inches:
32.5 inches
Sunny Days Percentage:
48%
Neighbors
Households in Elk Rapids benefit from a median income of $64,400 and a relatively low poverty rate of 8.9%. The community is well-educated, with 97% of adults holding at least a high school diploma, and residents enjoy an average commute of just under 21 minutes.
Median Income:
$38,000
Household Income:
$64,400
Family Income:
$76,200
Per Capita Income:
$38,200
Income Male:
$45,000
Income Female:
$34,000
Poverty Rate:
8.9%
Non English Speakers:
3.4%
Rent:
$1,060
Unemployment Rate:
4.3%
Public Transport Usage:
0.2%
Commute Time:
20.7 minutes

Education
High School or Higher:
97.0%
Bachelors or More:
35.7%
Education
How are the schools in Elk Rapids, MI?
Elk Rapids is served by quality public schools, including Elk Rapids High School and Lakeland Elementary, both known for supportive learning environments. Families also have access to private schooling options and are within easy reach of Northwestern Michigan College in Traverse City, providing a range of educational opportunities from elementary through college.

Public Schools
Name:
Elk Rapids High School
Street:
308 Meguzee Point Rd
Phone:
231-264-9181
Students:
400
Student Teacher Ratio:
19:1
Name:
Lakeland Elementary School
Street:
6870 U.S. 31 N
Phone:
231-264-8289
Students:
350
Student Teacher Ratio:
16:1

Private Schools
Name:
St. Mary School
Street:
321 E. Third St, Charlevoix
Phone:
231-547-9441
Students:
150

Colleges
Name:
Northwestern Michigan College
City:
Traverse City
State:
MI
Distance:
17 miles
Students:
3,600
Healthcare
Elk Rapids offers access to quality healthcare, including a local clinic and nearby Munson Medical Center for emergency services. With about 1.7 physicians per 1,000 residents and nearly 94% health insurance coverage, residents can expect dependable medical care close to home.

Major Hospitals
Name:
Munson Healthcare Elk Rapids Clinic
Address:
516 Bridge St, Elk Rapids, MI 49629
Phone:
(231) 264-8132
Type:
Family Medicine & Primary Care
Emergency Services:
No
Name:
Munson Medical Center
Address:
1105 6th St, Traverse City, MI 49684
Phone:
(231) 935-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
93.8%
Health Care Index:
77.5
Housing Market
What is the housing market like in Elk Rapids, MI?
The housing market in Elk Rapids features a median home price of $308,000 and a high owner-occupancy rate of 68.3%. Home values have appreciated by nearly 5% in the past year, indicating a stable and gradually growing real estate market.
Median Home Price:
$308,000
Average Rent For 2 Bedroom:
$1,080
Owner Occupied Rate:
68.3%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
1.1%
Foreclosure Rate:
0.7%
DMV Information
Residents can access driver and vehicle services through the Michigan Secretary of State office in nearby Traverse City, with convenient options for in-person visits or online transactions. The office provides a full range of DMV services to support both new arrivals and long-term residents.
State:
Michigan
Department:
Michigan Secretary of State
Address:
701 S. Elmwood Ave, Traverse City, MI 49684
Phone:
1-888-767-6424
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.