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Lathrup Village city, Michigan Demographics & Population 2026

As of 2026, Lathrup Village city, Michigan has a total population of 4,049, the 207th largest city in Michigan, with a median household income of $99,286, which is 40% higher than the state average. The poverty rate is 5.7%.

Key Takeaways

Lathrup Village city Quick Facts

Population 4,049
Median Household Income $99,286
Median Home Value $270,900
Poverty Rate 5.7%
Unemployment Rate 7.9%
Median Age 47.1 years
Homeownership Rate 92.1%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 51.1%
High School Graduation Rate 94.8%
Diversity Index 50/100
Population 4,049 207th of 745
Median Income $99,286 top 10%
Poverty Rate 5.7% 55% lower national
Median Home Value $270,900 top 20%

How Lathrup Village city Compares

Economy & Housing

Employment

7.9% Unemployment Rate State: 5.8% | National: 5.2%
59.7% Labor Force Participation

Housing Overview

Owner 92.1%
Renter 7.9%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

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

State average: 44 | National average: 60

Education

Lathrup Village city Rankings in Michigan

#207 Population of 745
#68 Median Income of 745
#66 Education of 745
#99 Home Value of 745

Other Cities in Oakland County

CityPopulationMedian IncomePovertyHome Value
Troy city 87,307 $119,299 5.3% $396,800
Farmington Hills city 83,316 $101,863 6.3% $333,200
Rochester Hills city 76,086 $119,054 4.9% $377,400
Southfield city 76,025 $65,848 11.2% $226,900
Novi city 66,224 $110,938 4.7% $399,100
Pontiac city 61,914 $42,791 25.6% $110,600
Royal Oak city 57,880 $95,182 5.9% $305,900
Oak Park city 29,370 $65,882 14.2% $198,500
Madison Heights city 28,411 $66,726 11.3% $190,300
Auburn Hills city 24,911 $78,727 11.2% $233,900

Cities Similar to Lathrup Village city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Muskegon city4,089$101,087$241,10046.3%6.6%
Dorr CDP3,952$95,575$262,40022.6%3.4%
Dexter city4,495$103,182$401,80070.3%2.1%
Otsego city4,079$76,944$155,50013.1%3.4%
Linden city4,150$77,434$232,30025.8%5.5%

Population Overview

Lathrup Village city is a small community located in Michigan, within Oakland County. The total population is 4,049. It ranks as the 207th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Lathrup Village city is 47.1 years. This is 17% higher than the state median of 40.1 years. Only 14.1% of residents are under 18, indicating fewer families with children. 11.1% 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 Lathrup Village city is $99,286. This is 40% higher than the state median of $71,149. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 5.7%. This is 57% lower than the state poverty rate of 13.1%. The unemployment rate is 7.9%. This is 35% higher than the state rate of 5.8%. The median home value is $270,900. Housing costs are 24% higher than the state median of $217,600. With a home-value-to-income ratio of just 2.7x, Lathrup Village city is one of the most affordable housing markets in the area. 92.1% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Lathrup Village city is Black or African American, making up 62.1% of the population. White (non-Hispanic) residents account for 33.4%. The White (non-Hispanic) population (33.4%) is well below the state average of 73.0%. The Black or African American population is significantly higher than the state average (62.1% vs 13.2%).

Education

51.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Lathrup Village city in the top 10% of all cities in the state for educational attainment. This is 61% higher 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 94.8%. Notably, 26.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lathrup Village city, 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 Lathrup Village city, Michigan?

Lathrup Village city, Michigan has a population of 4,049 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lathrup Village city, MI?

The median household income in Lathrup Village city is $99,286, which is 26% higher the national median of $78,538.

What is the poverty rate in Lathrup Village city, MI?

The poverty rate in Lathrup Village city is 5.7%. This means approximately 226 residents live below the federal poverty line.

What is the racial makeup of Lathrup Village city, Michigan?

Lathrup Village city's population is 33.4% White, 62.1% Black, 3.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lathrup Village city, MI?

The median home value in Lathrup Village city is $270,900. The home-value-to-income ratio is 2.7x.

How educated is Lathrup Village city, Michigan?

51.1% of adults (25+) in Lathrup Village city hold a bachelor's degree or higher, and 26.2% hold a graduate or professional degree.