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Eastlake village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Eastlake village, Michigan has a total population of 304, the 623rd largest city in Michigan, with a median household income of $50,139, which is 30% lower than the state average. The poverty rate is 6.6%.

Key Takeaways

Eastlake village Quick Facts

Population 304
Median Household Income $50,139
Median Home Value $117,900
Poverty Rate 6.6%
Unemployment Rate 2.2%
Median Age 61.7 years
Homeownership Rate 96.1%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 11.6%
High School Graduation Rate 91.0%
Diversity Index 26/100
Population 304 623rd of 745
Median Income $50,139 bottom 30%
Poverty Rate 6.6% 47% lower national
Median Home Value $117,900 below average

How Eastlake village Compares

Economy & Housing

Employment

2.2% Unemployment Rate State: 5.8% | National: 5.2%
48.2% Labor Force Participation

Housing Overview

Owner 96.1%
Renter 3.9%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 44 | National average: 60

Education

Eastlake village Rankings in Michigan

#623 Population of 745
#526 Median Income of 745
#576 Education of 745
#490 Home Value of 745

Cities Similar to Eastlake village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Big Bay CDP307$48,672$261,40037.9%22.0%
Port Hope village297$51,250$84,60015.3%17.5%
Clifford village297$51,875$106,3004.7%14.5%
Onekama village323N/A$182,30023.7%1.9%
Lupton CDP283N/A$77,5008.8%38.0%

Population Overview

Eastlake village is a small community located in Michigan. The total population is 304. It ranks as the 623rd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Eastlake village is 61.7 years. This is 54% higher than the state median of 40.1 years. Only 7.9% of residents are under 18, indicating fewer families with children. 21.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Eastlake village is $50,139. This is 30% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 36% lower. The poverty rate stands at 6.6%. This is 50% lower than the state poverty rate of 13.1%. The unemployment rate is 2.2%. This is 62% lower than the state rate of 5.8%. The median home value is $117,900. Housing costs are 46% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.4x, Eastlake village is one of the most affordable housing markets in the area. 96.1% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Eastlake village is White (non-Hispanic), making up 83.9% of the population. Hispanic or Latino residents account for 1.0%. The Black or African American population (0.7%) is well below the state average of 13.2%. The Hispanic or Latino population (1.0%) is well below the state average of 5.7%.

Education

11.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% 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 91.0%.

Data Sources & Methodology

All demographic data for Eastlake 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 Eastlake village, Michigan?

Eastlake village, Michigan has a population of 304 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Eastlake village, MI?

The median household income in Eastlake village is $50,139, which is 36% lower the national median of $78,538.

What is the poverty rate in Eastlake village, MI?

The poverty rate in Eastlake village is 6.6%. This means approximately 20 residents live below the federal poverty line.

What is the racial makeup of Eastlake village, Michigan?

Eastlake village's population is 83.9% White, 0.7% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Eastlake village, MI?

The median home value in Eastlake village is $117,900. The home-value-to-income ratio is 2.4x.

How educated is Eastlake village, Michigan?

11.6% of adults (25+) in Eastlake village hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.