The Village of Bear Lake had a population of 274 as of July 1, 2020.
The primary coordinate point for Bear Lake is located at latitude 44.4208 and longitude -86.1481 in Manistee County. The formal boundaries for the Village of Bear Lake encompass a land area of 0.31 sq. miles and a water area of 0.03 sq. miles. Manistee County is in the Eastern time zone (GMT -5). The elevation is 791 feet.
The Village of Bear Lake (GNIS ID: 2398058) 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.
|Total Population||274 (100%)|
|Population in Households||273 (99.6%)|
|Population in Families||216 (78.8%)|
|Population in Group Quarters1||1 ( 0.4%)|
|Median Household Income||$50,369|
|Average Household Income||$63,001|
|% of Income for Mortgage4||15%|
|Per Capita Income||$27,180|
|Total HU (Housing Units)||171 (100%)|
|Owner Occupied HU||100 (58.5%)|
|Renter Occupied HU||14 ( 8.2%)|
|Vacant Housing Units||58 (33.9%)|
|Median Home Value||$185,417|
|Average Home Value||$250,000|
|Housing Affordability Index3||175|
|Average Household Size||2.42|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.58%|
|Per Capita Income||2.37%|
|Owner Occupied HU||-0.4%|
The table below compares Bear Lake 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.
|Total Population||# 625||10th|
|Population Density||# 372||46th|
|Median Household Income||# 395||43rd|
|Housing Affordability Index||# 148||21st|
|Per Capita Income||# 317||54th|
|Diversity Index||# 242||65th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.