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MI area data

Carp Lake, MI

Carp Lake, MI.

Population: 619 (Census ACS)

Home values & appreciation

Median home value
$269,660
1-year appreciation
+9.2%
3-year appreciation
+9.1%
5-year appreciation
+22.4%
10-year appreciation
+79.5%
All-time peak (2026-04)
$275,117
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
3

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave

Climate (30-year normals)

Annual precipitation
35.2 in

Amenities

Nearest airport
Pellston Regional Airport of Emmet County Airport (PLN) (3 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (3 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
11
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+5 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$2,373
Mean commute to work
26 min
Households with broadband internet
65.8%

Employment & development

Total county employment
15,352
Average weekly wage
$1,035
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
159

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents