Interlochen, MI Profile: Facts & Data

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Interlochen, Michigan - Basic Facts

The Interlochen Census Designated Place had a population of 656 as of July 1, 2020.

The primary coordinate point for Interlochen is located at latitude 44.6447 and longitude -85.7673 in Grand Traverse County. The formal boundaries for the Interlochen Census Designated Place encompass a land area of 1.24 sq. miles and a water area of 0.03 sq. miles. Grand Traverse County is in the Eastern time zone (GMT -5). The elevation is 843 feet.

The Interlochen Census Designated Place (GNIS ID: 2583743) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Interlochen Census Designated Place is located within Township of Green Lake, a minor civil division (MCD) of Grand Traverse County.


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Interlochen, MI Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 656 (100%)
Population in Households 654 (99.7%)
Population in Families 517 (78.8%)
Population in Group Quarters1 2 ( 0.3%)
Population Density 529
Diversity Index2 14
 
 

INCOME

Median Household Income $68,050
Average Household Income $80,637
% of Income for Mortgage4 12%
Per Capita Income $33,415
Wealth Index5 86
 

HOUSING

Total HU (Housing Units) 306 (100%)
Owner Occupied HU 231 (75.5%)
Renter Occupied HU 38 (12.4%)
Vacant Housing Units 37 (12.1%)
Median Home Value $200,000
Average Home Value $297,391
Housing Affordability Index3 218
 

HOUSEHOLDS

Total Households 269
Average Household Size 2.43
Family Households 181
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.16% 1.1%
Households 1.12% 1.16%
Families 2.4% 0.98%
Median Household Income   2.84%
Per Capita Income   2.64%
Owner Occupied HU   1.18%

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Interlochen, MI - Peer Comparisons by Rank and Percentile

The table below compares Interlochen to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 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 # 500 28th
Population Density # 506 27th
Median Household Income # 104 85th
Housing Affordability Index # 364 53rd
Per Capita Income # 159 77th
Diversity Index # 467 33rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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