Lathrup Village, Michigan has a population of 4,100, with a median household income of $68,200.
Current median income data for Lathrup Village.
4,100
$68,200
5.10%
$266,000
4.70
200.00 Mbps
Lathrup Village 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, Lathrup Village provides insight into regional population trends, income levels, and housing conditions.
Lathrup Village has a population of 4,100, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Lathrup Village is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Lathrup Village average around $266,000, which is relatively high compared to other cities in Michigan.
The unemployment rate in Lathrup Village is 5.10%, which is lower than the state average, indicating a relatively strong job market. Lathrup Village has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in Michigan, Lathrup Village shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Lathrup Village offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.
The population of Lathrup Village is approximately 4,100.
Lathrup Village offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Lathrup Village is around $68,200.
The average housing price in Lathrup Village is approximately $266,000.