Lakewood Club, Michigan Median Income

Lakewood Club, Michigan has a population of 1,300, with a median household income of $68,200.

Current median income data for Lakewood Club.

$68,200

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Population

1,300

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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

182.00 Mbps

Lakewood Club 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.

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

Population Overview

Lakewood Club has a population of 1,300, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Lakewood Club

What is the population of Lakewood Club?

The population of Lakewood Club is approximately 1,300.

Is Lakewood Club a good place to live?

Lakewood Club 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 Lakewood Club?

The median household income in Lakewood Club is around $68,200.

How expensive is housing in Lakewood Club?

The average housing price in Lakewood Club is approximately $266,000.