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MI area data

Lake ann, MI

Lake ann, MI.

Population: 3,411 (Census ACS)

Home values & appreciation

Median home value
$413,070
1-year appreciation
+3.7%
3-year appreciation
+12.9%
5-year appreciation
+38.6%
10-year appreciation
+109.5%
All-time peak (2026-06)
$413,283
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$430,000
Median list price
$435,000
Median days on market
35 days
Sale-to-list ratio
103.0%
Active listings
8
1-year forecast
+2.1%
New listings (monthly)
7

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

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
winterWeather, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
55.0°F
Average low
38.0°F
Annual precipitation
38.6 in
Annual snowfall
91.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
198
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Sleeping Bear Dunes National Lakeshore (15 mi)
Nearest airport
Lake Ann Airway Estates Airport (3 mi)
Nearest major airport
Cherry Capital Airport (TVC) (15 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+116 tax filers

Housing stock

Median year housing built
1,994
Median annual property tax
$2,155
Households with broadband internet
79.6%

Employment & development

Total county employment
4,095
Average weekly wage
$812
Top industries (by employment)
Accommodation & Food, Construction, Finance & Insurance
Annual residential building permits (county)
110

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