Also See Bear Lake, MI: ZIP Codes & Maps
The Village of Bear Lake had a population of 333 as of July 1, 2023.
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 Village of Bear 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 Bear Lake is located within Township of Bear Lake, a minor civil division (MCD) of Manistee County.
POPULATION | |
---|---|
Total Population | 333 (100%) |
Population in Households | 333 (100.0%) |
Population in Families | 268 (80.5%) |
Population in Group Quarters1 | 0 |
Population Density | 1,055 |
Diversity Index2 | 26 |
INCOME | |
Median Household Income | $60,832 |
Average Household Income | $81,218 |
% of Income for Mortgage4 | 21% |
Per Capita Income | $32,682 |
Wealth Index5 | 80 |
Socioeconomic Status Index6 | Moderate (51.3) |
HOUSING | |
---|---|
Total HU (Housing Units) | 167 (100%) |
Owner Occupied HU | 122 (73.1%) |
Renter Occupied HU | 12 ( 7.2%) |
Vacant Housing Units | 33 (19.8%) |
Median Home Value | $213,889 |
Average Home Value | $286,680 |
Housing Affordability Index3 | 110 |
HOUSEHOLDS | |
Total Households | 134 |
Average Household Size | 2.49 |
Family Households | 91 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.82% | 0.18% |
Households | 1.66% | 0.59% |
Families | -0.67% | |
Median Household Income | 5.97% | |
Per Capita Income | 2.82% | |
Owner Occupied HU | 0.96% |
The table below compares Bear 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 | # 615 | 18th |
Population Density | # 312 | 58th |
Median Household Income | # 312 | 58th |
Housing Affordability Index | # 206 | 28th |
Per Capita Income | # 381 | 49th |
Diversity Index | # 310 | 59th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.
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