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Moving to Lake, MI?

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Everything You Should Know Before Moving to Lake, MI

Considering a move to Lake, MI? With a population of just 850, Lake offers small-town charm, affordable living, and scenic Midwestern surroundings. Median home prices are around $115,000, with average rents near $730, and the overall cost of living is well below national averages. Crime rates are low, commutes are short, and while educational attainment is modest, residents enjoy a peaceful, rural lifestyle with access to local healthcare and friendly communities. If you value quiet living and budget-friendly housing, Lake might be your perfect fit.

Demographics - Lake, MI

Demographics - Lake, MI

Lake, MI is a close-knit community of about 850 residents, with a median age of 51.2 and a population density of 430 people per square mile. The town is predominantly White, and the small percentage of non-English speakers contributes to a cohesive local culture. Its balanced gender ratio and older population make it a peaceful choice for those seeking a slower pace of life.

demograph population
Population:
850
demograph density
Density:
430 per sq mi
demograph median age
Median Age:
51.2
Demograph Gender Ratio
Gender Ratio:
97 males per 100 females
demograph Non English Speakers Percentage
Non-English Speakers Percentage:
2.5%
demograph ethnicCompositionEthnic Composition
demograph whites
White:
95.4%
demograph blacks
Black:
0.5%
demograph asian
Asian:
0.4%
demograph others
Others:
3.7%
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People moving

Cost Of Living

Cost Of Living

What is the average cost of living in Lake, MI?

Living in Lake is highly affordable, with median home values at $115,000 and average rents around $730 per month. The cost of living index is well below the national average, making essentials like groceries, utilities, and healthcare more budget-friendly. Low state taxes and moderate owner costs further enhance the area's financial appeal for new residents.

cost of living medianHouseValue
Median House Value:
$115,000
cost of living grossRent
Gross Rent:
$730
cost of living monthlyElectricityCharges
Monthly Electricity Charges:
$110
cost of living autoInsurance
Auto Insurance:
$1,320
cost of living houseownerCostWithMortgage
House Owner Cost With Mortgage:
$970
cost of living houseownerCostWithoutMortgage
House Owner Cost Without Mortgage:
$390
cost of living stateTaxes State Taxes:
Low:
4.25%
|
High:
4.25%
cost of living costOfLivingIndex
Cost Of Living Index:
81.0
cost of living grocery
Grocery:
92.0
cost of living housing
Housing:
62.0
cost of living utilities
Utilities:
94.0
cost of living transportation
Transportation:
92.0
cost of living health-care
Health Care:
91.0
cost of living miscellaneous
Miscellaneous:
89.0

Crime

Crime

Is Lake, MI a safe place to live?

Lake experiences relatively low crime, with a violent crime rate of 230 per 100,000 and property crime at 1,430 per 100,000 residents. The chance of being a victim of violent crime is about 1 in 435, lending peace of mind to those seeking a safe, rural environment. Property crime is somewhat higher, but overall, the town offers a secure setting for families and retirees.

crime voilentCrimes
Violent Crimes Per 100k:
230
crime propertyCrime
Property Crimes Per 100k:
1,430
crime crimeIndex
Crime Index:
1,660
crime chanceOfViolentCrime
Chance Of Violent Crime:
1 in 435
crime chanceOfPropertyCrime
Chance Of Property Crime:
1 in 70
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Weather

Weather

What is the weather like in Lake, MI year-round?

Lake features four distinct seasons, with cold winters averaging lows of 13°F and warm summers reaching highs around 81°F. The area receives about 32.6 inches of rainfall annually and enjoys sunshine 47% of the year. This climate offers residents a classic Michigan experience with vibrant seasonal changes.

weather winterWinter
weather min
Min:
13°F
weather max
Max:
29°F
weather springSpring
weather min
Min:
34°F
weather max
Max:
60°F
weather summerSummer
weather min
Min:
56°F
weather max
Max:
81°F
weather fallFall
weather min
Min:
37°F
weather max
Max:
61°F
weather averageRainfallInches
Average Rainfall Inches:
32.6 inches
weather sunnyDays Percentage
Sunny Days Percentage:
47%

Neighbors

Neighbors

The community in Lake is friendly and modest, with a median household income of $41,200 and a poverty rate of 19.2%. Most residents have at least a high school education, and commutes average just under 30 minutes. The area is quiet, with minimal public transit use and a laid-back, rural lifestyle.

neighbor medianIncome
Median Income:
$25,000
neighbor householdIncome
Household Income:
$41,200
neighbor familyIncome
Family Income:
$50,500
neighbor perCapitaIncome
Per Capita Income:
$22,800
neighbor incomeMale
Income Male:
$28,000
neighbor incomeFemale
Income Female:
$21,400
neighbor povertyRate
Poverty Rate:
19.2%
neighbor nonEnglishSpeakers
Non English Speakers:
2.5%
neighbor rent
Rent:
$730
neighbor unemployment
Unemployment Rate:
6.8%
neighbor publicTransport
Public Transport Usage:
0.4%
neighbor commuteTime
Commute Time:
28.4 minutes
neighbor educationEducation
neighbor highSchool
High School or Higher:
84.1%
neighbor bachelors
Bachelors or More:
10.8%
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Education

Education

How are the schools in Lake, MI?

Local students attend Farwell Area Schools, which serve about 1,050 students with a student-teacher ratio of 17.3, ensuring personalized attention. While there are no private schools in town, higher education is available nearby at Mid Michigan College, just 16 miles away. The area supports a solid foundation for K-12 and accessible options for continuing education.

education PublicSchoolsPublic Schools
education publicName
Name:
Farwell Area Schools
education publicStreet
Street:
399 E. Michigan St, Farwell, MI 48622
education publicPhone
Phone:
989-588-9917
education publicStudents
Students:
1,050
education publicStudentTeacherRatio
Student Teacher Ratio:
17.3


education collegesColleges
education collegeName
Name:
Mid Michigan College
education collegeCity
City:
Harrison
education collegeState
State:
MI
education collegeDistance
Distance:
16 miles
education collegeStudents
Students:
3,500


Healthcare

Healthcare

Lake residents have access to MidMichigan Medical Center in nearby Clare, providing general and surgical services with emergency care. The area has about one physician per 1,000 people, and over 91% of locals have health insurance. Healthcare is accessible and affordable, supported by a solid health care index.

healthcare majorHospitals Major Hospitals
healthcare hospitalName
Name:
MidMichigan Medical Center – Clare
healthcare hospitalAddress
Address:
703 N McEwan St, Clare, MI 48617
healthcare hospitalPhone
Phone:
(989) 802-5000
healthcare hospitalType
Type:
General & Surgical
healthcare emergencyServices
Emergency Services:
Yes


healthcare physiciansPer1000
Physicians Per 1000:
1.0
healthcare healthInsuranceCoverage
Health Insurance Coverage:
91.2%
healthcare healthCareIndex
Health Care Index:
63.8
Healthcare
Housing Market

Housing Market

Housing Market

What is the housing market like in Lake, MI?

Lake's housing market is very affordable, with a median home price of $115,000 and average rent for a two-bedroom apartment at $730. Most homes are owner-occupied, and the market sees a steady appreciation rate of 6.3% annually. Rental vacancies are moderate, and foreclosure rates remain low, making it appealing for both buyers and renters.

housing market medianHomePrice
Median Home Price:
$115,000
housing market averageRentFor2Bedroom
Average Rent For 2 Bedroom:
$730
housing market ownerOccupiedRate
Owner Occupied Rate:
77.3%
housing market rentalVacancyRate
Rental Vacancy Rate:
8.5%
housing market homeAppreciationRate1Yr
Home Appreciation Rate (1yr):
6.3%
housing market newConstructionRate
New Construction Rate:
0.3%
housing market foreclosureRate
Foreclosure Rate:
0.6%

DMV Information

DMV Information

Residents manage vehicle and licensing needs through the Michigan Secretary of State, with the main office located in Lansing and a comprehensive website for online services. The department offers assistance by phone and provides easy access to all DMV-related resources. Processes are streamlined for convenience and efficiency.

dmv state
State:
Michigan
dmv department
Department:
Michigan Secretary of State
dmv address
Address:
202 S. Washington Square, Lansing, MI 48933
dmv phone
Phone:
1-888-767-6424
DMV

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.

Top Movers in Lake, MI

Planning a relocation in or near Lake? We have you covered. Whether you're moving across a street or across town, our dependable network of local movers is ready to handle every aspect of your relocation. Find expert movers who will make your move as seamless, efficient, and stress-free as possible, from packing and loading to transporting and unpacking. Explore specialty moving services, compare estimates, and contact a reputable moving company in Lake.

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FAQs About Moving to Lake, MI

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Check the cost of living, housing, traffic, and public transit in Lake. Each neighborhood has its own vibe, so pick one that fits your lifestyle. Be prepared for Lake climate and weather.

Moving within Lake usually costs between $300 and $1,500. Moving long distances can cost anywhere from $2,000 to more than $5,000. The price may go up if you need extra services like packing or storage. Fill out Movers.com quote form to compare the quotes easily.

While moves happen year-round, spring and fall are often more comfortable in Lake. Booking outside of peak summer or winter seasons can save money and make scheduling easier.

Yes! Majority of moving companies in Lake offer full service moving, which means they will help you pack, unpack, and arrange your belongings.

You should plan your move from Lake at least 4 to 8 weeks in advance, especially if you're moving during the busy season (summer). You can get better availability, prices, and flexibility with your moving date if you book early. If you book at the last minute, you may have fewer choices or pay more.
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