Lake Fenton, Michigan has a population of 5,600, with a median household income of $68,200.
Current median income data for Lake Fenton.
5,600
$68,200
5.10%
$266,000
4.70
203.00 Mbps
Lake Fenton 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.
Situated in Michigan, Lake Fenton provides insight into regional population trends, income levels, and housing conditions.
Lake Fenton has a population of 5,600, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Lake Fenton is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Lake Fenton average around $266,000, which is relatively high compared to other cities in Michigan.
The unemployment rate in Lake Fenton is 5.10%, which is lower than the state average, indicating a relatively strong job market. Lake Fenton has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in Michigan, Lake Fenton shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Lake Fenton offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.
The population of Lake Fenton is approximately 5,600.
Lake Fenton offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Lake Fenton is around $68,200.
The average housing price in Lake Fenton is approximately $266,000.