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Lakeview, MI Profile: Facts & Data

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Lakeview, Michigan - Basic Facts

The Village of Lakeview had a population of 1,024 as of July 1, 2025.

The primary coordinate point for Lakeview is located at latitude 43.4464 and longitude -85.2742 in Montcalm County. The formal boundaries for the Village of Lakeview encompass a land area of 1.52 sq. miles and a water area of 0.35 sq. miles. Montcalm County is in the Eastern time zone (GMT -5).

The Village of Lakeview 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 Lakeview is located within Township of Cato, a minor civil division (MCD) of Montcalm County.


Jump to... (On This Page!)
  1. Lakeview 2025 Demographic Data
  2. Growth Rates for Lakeview (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2025 Demographics
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Lakeview, MI Data & Demographics (As of July 1, 2025)

POPULATION

Total Population 1,024 (100%)
Population in Households 969 (94.6%)
Population in Families 755 (73.7%)
Population in Group Quarters1 55 ( 5.4%)
Population Density 679
Diversity Index2 23
 
 

INCOME

Median Household Income $66,346
Average Household Income $83,061
% of Income for Mortgage4 19%
Per Capita Income $33,839
Wealth Index5 71
Socioeconomic Status Index6 Moderate (51.9)
 

HOUSING

Total HU (Housing Units) 488 (100%)
Owner Occupied HU 333 (68.2%)
Renter Occupied HU 83 (17.0%)
Vacant Housing Units 72 (14.8%)
Median Home Value $197,500
Average Home Value $216,944
Housing Affordability Index3 119
 

HOUSEHOLDS

Total Households 416
Average Household Size 2.33
Family Households 261
Average Family Size 3.00
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.
  6. 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 0.00% 0.54%
Households 0.65% 0.62%
Families   1.85%
Median Household Income   0.71%
Per Capita Income   2.34%
Owner Occupied HU   1.23%

Lakeview, MI - Peer Comparisons by Rank and Percentile

The table below compares Lakeview 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 # 425 43rd
Population Density # 450 40th
Median Household Income # 353 53rd
Housing Affordability Index # 420 56th
Per Capita Income # 424 43rd
Diversity Index # 415 44th

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

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