Houghton Lake, Michigan Median Income

Houghton Lake, Michigan has a population of 3,900, with a median household income of $68,200.

Current median income data for Houghton Lake.

$68,200

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Population

3,900

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

198.00 Mbps

Houghton Lake is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Houghton Lake is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Houghton Lake has a population of 3,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Houghton Lake is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Houghton Lake average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Houghton Lake is 5.10%, which is lower than the state average, indicating a relatively strong job market. Houghton Lake has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Houghton Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Michigan, Houghton Lake contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Houghton Lake

What is the population of Houghton Lake?

The population of Houghton Lake is approximately 3,900.

Is Houghton Lake a good place to live?

Houghton Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Houghton Lake?

The median household income in Houghton Lake is around $68,200.

How expensive is housing in Houghton Lake?

The average housing price in Houghton Lake is approximately $266,000.