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Fife Lake, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Fife Lake, Michigan had a total population of 343, the 603rd largest village in Michigan, with a median household income of $68,472, which is 6% lower than the state average. The poverty rate is 7.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Fife Lake Quick Facts

Population 343
Median Household Income $68,472
Median Home Value $202,300
Poverty Rate 7.3%
Unemployment Rate 3.5%
Median Age 54.2 years
Homeownership Rate 79.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 22.9%
High School Graduation Rate 97.2%
Diversity Index 8/100
Population 343 603rd of 745
Median Income $68,472 above average
Poverty Rate 7.3% 41% lower than national
Median Home Value $202,300 above average

How Fife Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population359343-4.5%
Median household income$67,188$68,472+1.9%
Median home value$185,200$202,300+9.2%

How Fife Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 22.0%
$50K-$100K 37.7%
$100K+ 29.6%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
3.8%
$15K-$20K
0.0%
$20K-$25K
3.8%
$25K-$30K
7.5%
$30K-$35K
5.0%
$35K-$40K
1.3%
$40K-$45K
4.4%
$45K-$50K
3.8%
$50K-$60K
10.1%
$60K-$75K
13.8%
$75K-$100K
13.8%
$100K-$125K
15.7%
$125K-$150K
5.7%
$150K-$200K
8.2%
$200K+
0.0%

Employment

3.5% Unemployment Rate State: 5.7%|National: 5.2%
53.4% Labor Force Participation

Housing Overview

Owner 79.9%
Renter 20.1%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,632/mo 28.6% of median household income annually

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

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

State average: 45 | National average: 61

Education

Fife Lake Rankings in Michigan

#603 Population of 745
#266 Median Income of 732
#314 Education of 745
#255 Home Value of 730

Other Cities in Grand Traverse County

CityPopulationMedian IncomePovertyHome Value
Traverse City 15,593 $74,087 12.3% $415,400
Kingsley 1,785 $67,321 9.2% $268,800
Chums Corner 1,186 $100,855 0.0% $372,700
Grawn 800 $57,908 18.8% $209,400
Interlochen 791 $104,883 10.5% $166,900

Cities Similar to Fife Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bear Lake343$67,188$201,50024.6%8.2%
Glen Arbor336N/A$700,00076.8%1.5%
Brimley345$65,313$146,40029.8%10.1%
Leonard346$76,875$245,20033.2%4.6%
Vandalia366$70,268$77,5007.5%3.9%

A note before these figures: with a population of 343, Fife Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Fife Lake is a small community located in Michigan, within Grand Traverse County. The total population is 343. It ranks as the 603rd most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Fife Lake is 54.2 years. This is 35% higher than the state median of 40.2 years. Only 9.0% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Fife Lake is $68,472. This is 6% lower than the state median of $72,875. It is also 15% lower than the national median of $80,734. The poverty rate stands at 7.3%. This is 45% lower than the state poverty rate of 13.2%. The unemployment rate is 3.5%. This is 38% lower than the state rate of 5.7%. The median home value is $202,300. Housing costs are 13% lower than the state median of $231,600. The home-value-to-income ratio is 3.0x. 79.9% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 73.2%.

Race & Ethnicity

Fife Lake has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents. Hispanic or Latino residents account for 0.9%. The Hispanic or Latino population (0.9%) is well below the state average of 5.9%.

Education

22.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%.

Data Sources & Methodology

All demographic data for Fife Lake, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Fife Lake, Michigan?

Fife Lake, Michigan has a population of 343 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fife Lake, MI?

The median household income in Fife Lake is $68,472, which is 15% lower than the national median of $80,734.

What is the poverty rate in Fife Lake, MI?

The poverty rate in Fife Lake is 7.3%. This means approximately 25 residents live below the federal poverty line.

What is the racial makeup of Fife Lake, Michigan?

Fife Lake's population is 95.6% White, 0.0% Black, 0.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fife Lake, MI?

The median home value in Fife Lake is $202,300. The home-value-to-income ratio is 3.0x.

How educated is Fife Lake, Michigan?

22.9% of adults (25+) in Fife Lake hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.