MI area data
Hubbard Lake, MI
Hubbard Lake, MI.
Population: 2,177 (Census ACS)
Home values & appreciation
- Median home value
- $254,899
- 1-year appreciation
- +6.6%
- 3-year appreciation
- +13.3%
- 5-year appreciation
- +27.1%
- 10-year appreciation
- +57.3%
- All-time peak (2026-04)
- $256,443
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- 1-year forecast
- +3.8%
- New listings (monthly)
- 5
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
Climate (30-year normals)
- Average annual temperature
- 43.0°F
- Average high
- 50.0°F
- Average low
- 36.0°F
- Annual precipitation
- 29.3 in
- Annual snowfall
- 53.1 in
Amenities
- Nearest airport
- Vlachos Acres Airport (5 mi)
- Nearest major airport
- Alpena County Regional Airport (APN) (12 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +66 tax filers
Housing stock
- Median year housing built
- 1,972
- Median annual property tax
- $1,471
- Mean commute to work
- 33 min
- Households with broadband internet
- 65.7%
Employment & development
- Total county employment
- 9,448
- Average weekly wage
- $921
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 35
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 →