Skip to main content

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 →

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