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Central Lake village, Michigan Demographics & Population 2026

As of 2026, Central Lake village, Michigan has a total population of 976, the 442nd largest city in Michigan, with a median household income of $58,900, which is 17% lower than the state average. The poverty rate is 8.7%.

Central Lake village Quick Facts

Population 976
Median Household Income $58,900
Median Home Value $152,800
Poverty Rate 8.7%
Unemployment Rate 2.5%
Median Age 31.2 years
Homeownership Rate 77.9%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 23.7%
High School Graduation Rate 95.1%
Diversity Index 6/100
Population 976 442nd of 745
Median Income $58,900 average
Poverty Rate 8.7% 30% lower national
Median Home Value $152,800 average

How Central Lake village Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 5.8% | National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 77.9%
Renter 22.1%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Central Lake village Rankings in Michigan

#442 Population of 745
#384 Median Income of 745
#296 Education of 745
#365 Home Value of 745

Cities Similar to Central Lake village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Otisville village955$60,500$102,30015.4%13.7%
Harbor Springs city1,015$60,556$368,10045.2%10.0%
Alanson village943$61,563$121,20014.6%13.9%
Elsie village951$55,000$107,6007.6%13.0%
Au Gres city982$65,852$154,30017.3%18.8%

Population Overview

Central Lake village is a small community located in Michigan. The total population is 976. It ranks as the 442nd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Central Lake village is 31.2 years. This is 22% lower than the state median of 40.1 years. With 32.8% of the population under 18, Central Lake village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Central Lake village is $58,900. This is 17% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 8.7%. This is 33% lower than the state poverty rate of 13.1%. The unemployment rate is 2.5%. This is 56% lower than the state rate of 5.8%. The median home value is $152,800. Housing costs are 30% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.6x, Central Lake village is one of the most affordable housing markets in the area. 77.9% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.9%.

Race & Ethnicity

Central Lake village has a predominantly White (non-Hispanic) population, comprising 97.0% of all residents. Hispanic or Latino residents account for 0.2%. The Black or African American population (0.1%) is well below the state average of 13.2%. The Hispanic or Latino population (0.2%) is well below the state average of 5.7%.

Education

23.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% 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 95.1%.

Data Sources & Methodology

All demographic data for Central 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.

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Frequently Asked Questions

What is the population of Central Lake village, Michigan?

Central Lake village, Michigan has a population of 976 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Central Lake village, MI?

The median household income in Central Lake village is $58,900, which is 25% lower the national median of $78,538.

What is the poverty rate in Central Lake village, MI?

The poverty rate in Central Lake village is 8.7%. This means approximately 85 residents live below the federal poverty line.

What is the racial makeup of Central Lake village, Michigan?

Central Lake village's population is 97.0% White, 0.1% Black, 0.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Central Lake village, MI?

The median home value in Central Lake village is $152,800. The home-value-to-income ratio is 2.6x.

How educated is Central Lake village, Michigan?

23.7% of adults (25+) in Central Lake village hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.