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Lakeview village, Michigan Demographics & Population 2026

High PovertyPoverty rate of 33.1% is well above the state average

As of 2026, Lakeview village, Michigan has a total population of 1,049, the 429th largest city in Michigan, with a median household income of $30,865, which is 57% lower than the state average. The poverty rate is 33.1%.

Key Takeaways

Lakeview village Quick Facts

Population 1,049
Median Household Income $30,865
Median Home Value $152,900
Poverty Rate 33.1%
Unemployment Rate 21.5%
Median Age 31.9 years
Homeownership Rate 65.2%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 10.4%
High School Graduation Rate 87.7%
Diversity Index 46/100
Population 1,049 429th of 745
Median Income $30,865 bottom 10%
Poverty Rate 33.1% 166% higher national
Median Home Value $152,900 average

How Lakeview village Compares

Economy & Housing

Employment

21.5% Unemployment Rate State: 5.8% | National: 5.2%
47.6% Labor Force Participation

Housing Overview

Owner 65.2%
Renter 34.8%
Affordability Index Expensive
5.0x home value to income ratio

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 44 | National average: 60

Education

Lakeview village Rankings in Michigan

#429 Population of 745
#723 Median Income of 745
#611 Education of 745
#364 Home Value of 745

Cities Similar to Lakeview village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Beaverton city1,036$31,625$102,90011.8%21.6%
Lake Linden village1,042$42,961$93,20023.6%20.9%
Farwell village1,086$40,667$95,80011.8%26.3%
Lawrence village1,186$36,188$106,70013.6%32.5%
Lewiston CDP980$41,266$159,10018.8%18.3%

Population Overview

Lakeview village is a small community located in Michigan. The total population is 1,049. It ranks as the 429th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Lakeview village is 31.9 years. This is 20% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Lakeview village is $30,865. This is 57% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 61% lower. The poverty rate stands at 33.1%. This is 153% higher than the state poverty rate of 13.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 21.5%. This is 270% higher than the state rate of 5.8%. The median home value is $152,900. Housing costs are 30% lower than the state median of $217,600. The home-value-to-income ratio is 5.0x. 65.2% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Lakeview village is White (non-Hispanic), making up 70.3% of the population. Black or African American residents account for 17.4%. The Hispanic or Latino population is significantly higher than the state average (8.9% vs 5.7%).

Education

10.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% 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 Lakeview 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 Lakeview village, Michigan?

Lakeview village, Michigan has a population of 1,049 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lakeview village is $30,865, which is 61% lower the national median of $78,538.

What is the poverty rate in Lakeview village, MI?

The poverty rate in Lakeview village is 33.1%. This means approximately 338 residents live below the federal poverty line.

What is the racial makeup of Lakeview village, Michigan?

Lakeview village's population is 70.3% White, 17.4% Black, 8.9% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Lakeview village is $152,900. The home-value-to-income ratio is 5.0x.

How educated is Lakeview village, Michigan?

10.4% of adults (25+) in Lakeview village hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.