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MI area data

Central Lake, MI

Central Lake, MI.

Population: 2,634 (Census ACS)

Home values & appreciation

Median home value
$357,526
1-year appreciation
+3.7%
3-year appreciation
+6.5%
5-year appreciation
+24.4%
10-year appreciation
+112.6%
All-time peak (2026-04)
$359,753
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
9

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%

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
36.0°F
Annual precipitation
37.7 in
Annual snowfall
96.8 in

Amenities

National parks within ~60 mi
1
Nearest national park
Sleeping Bear Dunes National Lakeshore (39 mi)
Nearest airport
Torchport Airport (5 mi)
Nearest major airport
Cherry Capital Airport (TVC) (28 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
+115 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$1,752
Mean commute to work
24 min
Households with broadband internet
71.2%

Employment & development

Total county employment
4,326
Average weekly wage
$745
Top industries (by employment)
Accommodation & Food, Construction, Other Services
Annual residential building permits (county)
101

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