Bear Lake village, Michigan Demographics & Population 2026

Population Overview

Bear Lake village is a small community located in Michigan. The total population is 265. It ranks as the 644th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Bear Lake village is 43.5 years. This is 8% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Bear Lake village is $54,886. This is 23% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 4.9%. This is 62% lower than the state poverty rate of 13.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 7.4%. This is 27% higher than the state rate of 5.8%. The median home value is $126,400. Housing costs are 42% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.3x, Bear Lake village is one of the most affordable housing markets in the area. 94.1% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 72.9%.

Race & Ethnicity

Bear Lake village has a predominantly White (non-Hispanic) population, comprising 90.2% of all residents. Hispanic or Latino residents account for 1.9%. The Hispanic or Latino population (1.9%) is well below the state average of 5.7%.

Education

19.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.7%.

Data Sources & Methodology

All demographic data for Bear Lake village, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.