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The Village of Fife Lake had a population of 448 as of July 1, 2023.
The primary coordinate point for Fife Lake is located at latitude 44.577 and longitude -85.3506 in Grand Traverse County. The formal boundaries for the Village of Fife Lake encompass a land area of 0.75 sq. miles and a water area of 0.45 sq. miles. Grand Traverse County is in the Eastern time zone (GMT -5).
The Village of Fife Lake has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Fife Lake is located within Township of Fife Lake, a minor civil division (MCD) of Grand Traverse County.
POPULATION | |
---|---|
Total Population | 448 (100%) |
Population in Households | 448 (100.0%) |
Population in Families | 339 (75.7%) |
Population in Group Quarters1 | 0 |
Population Density | 617 |
Diversity Index2 | 18 |
INCOME | |
Median Household Income | $70,789 |
Average Household Income | $75,459 |
% of Income for Mortgage4 | 28% |
Per Capita Income | $30,487 |
Wealth Index5 | 57 |
Socioeconomic Status Index6 | Moderate (53.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 259 (100%) |
Owner Occupied HU | 157 (60.6%) |
Renter Occupied HU | 24 ( 9.3%) |
Vacant Housing Units | 78 (30.1%) |
Median Home Value | $334,615 |
Average Home Value | $333,758 |
Housing Affordability Index3 | 85 |
HOUSEHOLDS | |
Total Households | 181 |
Average Household Size | 2.48 |
Family Households | 122 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.54% | 0.44% |
Households | 2.13% | 0.44% |
Families | 0.81% | |
Median Household Income | 3.05% | |
Per Capita Income | 2.87% | |
Owner Occupied HU | 1.00% |
The table below compares Fife Lake to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 562 | 25th |
Population Density | # 481 | 36th |
Median Household Income | # 198 | 74th |
Housing Affordability Index | # 60 | 8th |
Per Capita Income | # 466 | 38th |
Diversity Index | # 550 | 26th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
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