Lake Ann, MI Profile: Facts & Data

Lake Ann, Michigan - Basic Facts

The Village of Lake Ann had a population of 295 as of July 1, 2025.

The primary coordinate point for Lake Ann is located at latitude 44.7239 and longitude -85.8431 in Benzie County. The formal boundaries for the Village of Lake Ann encompass a land area of 0.45 sq. miles and a water area of 0.03 sq. miles. Benzie County is in the Eastern time zone (GMT -5).

The Village of Lake Ann 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 Lake Ann is located within Township of Almira, a minor civil division (MCD) of Benzie County.

Jump to... (On This Page!)

Lake Ann, MI Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	295 (100%)
Population in Households	295 (100.0%)
Population in Families	250 (84.7%)
Population in Group Quarters¹	0
Population Density	657
Diversity Index²	23


INCOME
Median Household Income	$83,147
Average Household Income	$102,995
% of Income for Mortgage⁴	19%
Per Capita Income	$45,388
Wealth Index⁵	92
Socioeconomic Status Index⁶	Moderate (63.2)

HOUSING
Total HU (Housing Units)	168 (100%)
Owner Occupied HU	112 (66.7%)
Renter Occupied HU	18 (10.7%)
Vacant Housing Units	38 (22.6%)
Median Home Value	$246,000
Average Home Value	$262,433
Housing Affordability Index³	127

HOUSEHOLDS
Total Households	130
Average Household Size	2.27
Family Households	90
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

168 (100%)

Owner Occupied HU

112 (66.7%)

Renter Occupied HU

18 (10.7%)

Vacant Housing Units

38 (22.6%)

Median Home Value

$246,000

Average Home Value

$262,433

Housing Affordability Index³

127

HOUSEHOLDS

Total Households

130

Average Household Size

2.27

Family Households

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	1.49%	0.20%
Households	1.06%	0.31%
Families		1.51%
Median Household Income		4.18%
Per Capita Income		1.95%
Owner Occupied HU		1.89%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

1.49%

0.20%

Households

1.06%

0.31%

Families

1.51%

Median Household Income

4.18%

Per Capita Income

1.95%

Owner Occupied HU

1.89%

Lake Ann, MI - Peer Comparisons by Rank and Percentile

The table below compares Lake Ann to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2025 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	# 639	14th
Population Density	# 459	39th
Median Household Income	# 137	82nd
Housing Affordability Index	# 503	68th
Per Capita Income	# 162	78th
Diversity Index	# 426	43rd

Variable Description

Rank

Percentile

Total Population

# 639

14th

Population Density

# 459

39th

Median Household Income

# 137

82nd

Housing Affordability Index

# 503

68th

Per Capita Income

# 162

78th

Diversity Index

# 426

43rd

Michigan Census Data Comparison Tool

Lake Ann, MI Profile: Facts & Data

Lake Ann, Michigan - Basic Facts

Lake Ann, MI Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Ann, MI - Peer Comparisons by Rank and Percentile

Lake Ann, MI - Most Popular Things to Do

Use HTL Address Research for a Michigan Address and get...

Quick & Easy Ways to...

Michigan Census Data Comparison Tool

Benzie County