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Lathrup Village, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Lathrup Village, Michigan had a total population of 4,059, the 207th largest city in Michigan, with a median household income of $109,893, which is 51% higher than the state average. The poverty rate is 5.6%.

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

Key Takeaways

Lathrup Village Quick Facts

Population 4,059
Median Household Income $109,893
Median Home Value $310,600
Poverty Rate 5.6%
Unemployment Rate 4.2%
Median Age 50.2 years
Homeownership Rate 92.0%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 54.8%
High School Graduation Rate 95.2%
Diversity Index 48/100
Population 4,059 207th of 745
Median Income $109,893 top 10%
Poverty Rate 5.6% 55% lower than national
Median Home Value $310,600 top 20%

How Lathrup Village 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
Population4,0494,059+0.2%
Median household income$99,286$109,893+10.7%
Median home value$270,900$310,600+14.7%

How Lathrup Village Compares

Economy & Housing

Household Income Distribution

Under $25K 1.4%
$25K-$50K 6.8%
$50K-$100K 34.5%
$100K+ 57.3%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.7%
$30K-$35K
2.6%
$35K-$40K
1.5%
$40K-$45K
2.0%
$45K-$50K
0.0%
$50K-$60K
5.0%
$60K-$75K
15.7%
$75K-$100K
13.8%
$100K-$125K
14.4%
$125K-$150K
12.2%
$150K-$200K
11.2%
$200K+
19.4%

Employment

4.2% Unemployment Rate State: 5.7%|National: 5.2%
58.5% Labor Force Participation

Housing Overview

Owner 92.0%
Renter 8.0%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $1,483/mo 16.2% of median household income annually

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

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

State average: 45 | National average: 61

Education

Lathrup Village Rankings in Michigan

#207 Population of 745
#53 Median Income of 732
#63 Education of 745
#90 Home Value of 730

Other Cities in Oakland County

CityPopulationMedian IncomePovertyHome Value
Troy 87,898 $120,045 5.4% $420,300
Farmington Hills 83,515 $104,836 7.6% $354,500
Rochester Hills 77,089 $120,694 5.2% $409,800
Southfield 76,236 $68,166 10.3% $236,200
Novi 66,717 $110,723 5.4% $421,900
Pontiac 62,104 $44,329 24.4% $121,700
Royal Oak 57,950 $101,109 6.2% $328,700
Oak Park 29,318 $71,510 12.0% $212,300
Madison Heights 28,419 $69,503 10.8% $199,100
Auburn Hills 25,105 $84,375 11.1% $245,000

Cities Similar to Lathrup Village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Muskegon4,098$104,659$264,20049.4%5.0%
Dexter4,521$106,637$421,00070.3%0.8%
Dorr3,702$97,519$277,60020.3%3.0%
DeWitt4,777$110,341$309,90051.0%5.6%
Linden4,160$79,464$239,70027.2%4.4%

Population Overview

Lathrup Village is a small community located in Michigan, within Oakland County. The total population is 4,059. It ranks as the 207th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Lathrup Village is 50.2 years. This is 25% higher than the state median of 40.2 years. Only 14.3% of residents are under 18, indicating fewer families with children. 12.2% 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 is $109,893. This is 51% higher than the state median of $72,875. It is also 36% higher than the national median of $80,734. The poverty rate stands at 5.6%. This is 58% lower than the state poverty rate of 13.2%. The unemployment rate is 4.2%. This is 26% lower than the state rate of 5.7%. The median home value is $310,600. Housing costs are 34% higher than the state median of $231,600. With a home-value-to-income ratio of just 2.8x, Lathrup Village is one of the most affordable housing markets in the area. 92.0% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 73.2%.

Race & Ethnicity

The largest racial or ethnic group in Lathrup Village is Black or African American, making up 63.8% of the population. White (non-Hispanic) residents account for 33.1%. The White (non-Hispanic) population (33.1%) is well below the state average of 72.4%. The Black or African American population is significantly higher than the state average (63.8% vs 13.1%). The Hispanic or Latino population (1.3%) is well below the state average of 5.9%.

Education

54.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Lathrup Village in the top 10% of all cities in the state for educational attainment. This is 69% higher 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 95.2%. Notably, 29.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

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

Lathrup Village, Michigan has a population of 4,059 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lathrup Village is $109,893, which is 36% higher than the national median of $80,734.

What is the poverty rate in Lathrup Village, MI?

The poverty rate in Lathrup Village is 5.6%. This means approximately 223 residents live below the federal poverty line.

What is the racial makeup of Lathrup Village, Michigan?

Lathrup Village's population is 33.1% White, 63.8% Black, 1.3% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Lathrup Village is $310,600. The home-value-to-income ratio is 2.8x.

How educated is Lathrup Village, Michigan?

54.8% of adults (25+) in Lathrup Village hold a bachelor's degree or higher, and 29.4% hold a graduate or professional degree.