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Lake County, MI

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
94
6% below the U.S. average
Median home value
$122,900
national $303,400
Home prices, 5 years
+73.2%
over the 5 years to 2023
Monthly rent
$863
national $1,348
Homeownership
81%
national 65%
Unemployment
6.2%
national 3.6%
Household income
$49,680
national $78,538
Median age
50.3 yrs
national 38.7

Cost of living is the statewide price level for Michigan (state avg).

The cost of living runs about 6% below the national average. The median home is valued at $122,900 (nominal). Home prices have risen about 73% over the five years to 2023. Median rent is about $863 a month. Unemployment averaged 6.2% in 2023 (national 3.6%). Median household income is $49,680. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Lake County, MI saw a net gain of 122 tax-filing households and a net gain of 221 individuals. Against a population of about 12,734, that is a net inflow of about 17 per 1,000 residents. On net, the area gained $8.2M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 57 households, came from Kent County; the largest outflow, about 49 households, went to Osceola County. In the prior (2022) filing year, the area saw a net gain of 220 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$8.2M
nominal dollars
Net households
+122
tax returns
Net people
+221
exemptions

+17.4 net people per 1,000 residents (population 12,734)

Income (AGI) in and out

Moved in$26.2M
Moved out$18M
Net +$8.2M (nominal)
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Lake County within Michigan

Lake County is outlined, with arrows tracing its largest moves to and from other Michigan counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
Loading map…

Where movers came from

  1. 1Kent County, MI57$4.6M
  2. 2Osceola County, MI56$2.3M
  3. 3Mason County, MI27$977K
  4. 4Mecosta County, MI27$1.1M
  5. 5Ottawa County, MI25$1.5M
  6. 6Newaygo County, MI25$1.1M
  7. 7Muskegon County, MI21$747K
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Where movers went

  1. 1Osceola County, MI49$1.9M
  2. 2Kent County, MI46$2.1M
  3. 3Mecosta County, MI30$802K
  4. 4Mason County, MI29$1.3M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Osceola County, MI5649+7+$341K
Kent County, MI5746+11+$2.5M
Mecosta County, MI2730-3+$323K
Mason County, MI2729-2-$307K
Ottawa County, MI25
Newaygo County, MI25
Muskegon County, MI21

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$82.7M (+1,765 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$1.8M-7
2013+$2M+38
2014+$8.5M+241
2015-$2.6M-77
2016+$5.3M+199
2017+$7.2M+307
2018+$3.9M+96
2019+$472K-72
2020+$13.5M+258
2021+$14.6M+341
2022+$19.8M+220
2023+$8.2M+221
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 221 more people moved into Lake County, MI than left (counting tax filers and their dependents) — a net gain of about $8.2M in income (nominal) — in a county of 12,772 people.

Population
12,772
Census 2023 estimate
Net migration rate
+17.3
net people per 1,000 residents
A town of 10,000 would net about +173 people.
Net income per resident
+$643
nominal dollars
+$8.2M total across 12,772 residents.

The rate lets you compare Lake County, MI with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+100
Deaths
-197
Net domestic migration
+176
Net international migration
+4
Total change
+88

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Lake County, MI run about 6% below the national average. In plain terms: $100 spent here buys about what $106 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$38,467
what people here earn (BEA 2023, nominal)
45% below the U.S. average
Price level
94.3
100 = U.S. average prices (BEA price parity)
everyday costs about 5.7% lower than average
What that income buys
$40,794
local income restated at U.S.-average prices
42% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

This county isn't in a metro area that BEA prices separately, so cost of living shows the Michigan (state avg) figure.

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents78.9
Goods95.8
Utilities99.7
Other services98.5

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Lake County, MI

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
50.3
years
Median household income
$49,680
per household (ACS 2019–2023, nominal)
37% below the U.S. median
College degree
12%
adults 25+ with a bachelor's or higher
Poverty rate
20.6%
residents below the poverty line
Average commute
30 min
mean travel time to work
Broadband at home
78%
households with any broadband
Race and ethnicity (share of residents)
White 76%Hispanic 9%Black 9%Asian 0%Other 6%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$122,900
owner-occupied homes
59% below the U.S. median
Median rent
$863
gross rent per month
36% below the U.S. median
Homeownership
81%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+18.7%
price change, 2022 to 2023
Past 5 years
+73%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
28new housing units authorized in 2023
Single-family 100%Multifamily 0%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
6.2%
BLS 2023 annual average
Labor force
4,595
4,309 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
6.1%
April 2026 · ▼ 1.6 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Lake County, MI has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
20242,2984,52394R +32.26,915
20202,2883,94689R +26.26,323
20161,9393,159230R +22.95,328
20122,7522,48748D +5.05,287
20082,9192,269104D +12.35,292
20042,6752,50368D +3.35,246
20002,5841,961148D +13.34,693

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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