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Lakeview, Michigan Demographics & Population 2026

High PovertyPoverty rate of 30.4% is well above the state average

During the 2020–2024 ACS period, Lakeview, Michigan had a total population of 1,030, the 438th largest village in Michigan, with a median household income of $33,631, which is 54% lower than the state average. The poverty rate is 30.4%.

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

Key Takeaways

Lakeview Quick Facts

Population 1,030
Median Household Income $33,631
Median Home Value $165,500
Poverty Rate 30.4%
Unemployment Rate 21.2%
Median Age 35.6 years
Homeownership Rate 65.8%
Affordability Ratio 4.9x
Bachelor's Degree or Higher 10.2%
High School Graduation Rate 90.5%
Diversity Index 49/100
Population 1,030 438th of 745
Median Income $33,631 bottom 10%
Poverty Rate 30.4% 144% higher than national
Median Home Value $165,500 average

How Lakeview 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
Population1,0491,030-1.8%
Median household income$30,865$33,631+9.0%
Median home value$152,900$165,500+8.2%

How Lakeview Compares

Economy & Housing

Household Income Distribution

Under $25K 20.6%
$25K-$50K 39.6%
$50K-$100K 22.9%
$100K+ 17.0%
Detailed income brackets
Under $10K
9.1%
$10K-$15K
4.7%
$15K-$20K
2.0%
$20K-$25K
4.9%
$25K-$30K
12.5%
$30K-$35K
19.7%
$35K-$40K
2.2%
$40K-$45K
0.5%
$45K-$50K
4.7%
$50K-$60K
7.1%
$60K-$75K
7.9%
$75K-$100K
7.9%
$100K-$125K
8.6%
$125K-$150K
5.9%
$150K-$200K
0.0%
$200K+
2.5%

Employment

21.2% Unemployment Rate State: 5.7%|National: 5.2%
45.3% Labor Force Participation

Housing Overview

Owner 65.8%
Renter 34.2%
Affordability Index Moderate
4.9x home value to income ratio
Median gross rent $496/mo 17.7% of median household income annually

People & Demographics

Diversity Index

49out of 100
Moderate Diversity

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

State average: 45 | National average: 61

Education

Lakeview Rankings in Michigan

#438 Population of 745
#717 Median Income of 732
#627 Education of 745
#355 Home Value of 730

Other Cities in Montcalm County

CityPopulationMedian IncomePovertyHome Value
Greenville 8,995 $63,285 11.5% $184,200
Howard City 1,636 $54,688 23.9% $151,200
Edmore 1,514 $54,063 32.2% $105,500
Stanton 1,285 $48,750 31.2% $114,900
Carson City 1,233 $44,375 15.8% $123,600
Crystal 1,114 $41,806 12.6% $197,300
Sheridan 746 $59,063 5.2% $165,700
Trufant 572 $93,750 4.2% $123,600
McBride 195 $59,821 21.0% $117,700
Pierson 119 $41,875 27.4% $100,000

Cities Similar to Lakeview

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Beaverton1,061$30,050$109,00011.7%18.2%
Weidman1,156N/AN/A17.7%52.3%
Lawrence942$36,058$133,90017.8%28.9%
Lake Linden1,020$43,472$97,00025.9%13.8%
Hesperia934$37,174$131,3008.5%22.0%

Population Overview

Lakeview is a small community located in Michigan, within Montcalm County. The total population is 1,030. It ranks as the 438th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Lakeview is 35.6 years. This is 11% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Lakeview is $33,631. This is 54% lower than the state median of $72,875. It is also 58% lower than the national median of $80,734. The poverty rate stands at 30.4%. This is 130% higher than the state poverty rate of 13.2%. 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 21.2%. This is 272% higher than the state rate of 5.7%. The median home value is $165,500. Housing costs are 29% lower than the state median of $231,600. The home-value-to-income ratio is 4.9x. 65.8% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 73.2%.

Race & Ethnicity

The largest racial or ethnic group in Lakeview is White (non-Hispanic), making up 68.6% of the population. Black or African American residents account for 16.8%. The Hispanic or Latino population is significantly higher than the state average (11.7% vs 5.9%).

Education

10.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 69% 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 90.5%.

Data Sources & Methodology

All demographic data for Lakeview, 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 Lakeview, Michigan?

Lakeview, Michigan has a population of 1,030 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakeview, MI?

The median household income in Lakeview is $33,631, which is 58% lower than the national median of $80,734.

What is the poverty rate in Lakeview, MI?

The poverty rate in Lakeview is 30.4%. This means approximately 305 residents live below the federal poverty line.

What is the racial makeup of Lakeview, Michigan?

Lakeview's population is 68.6% White, 16.8% Black, 11.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lakeview, MI?

The median home value in Lakeview is $165,500. The home-value-to-income ratio is 4.9x.

How educated is Lakeview, Michigan?

10.2% of adults (25+) in Lakeview hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.