MI area data
Trout lake, MI
Trout lake, MI.
Population: 153 (Census ACS)
Home values & appreciation
- Median home value
- $201,027
- 1-year appreciation
- +9.3%
- 3-year appreciation
- +8.1%
- 5-year appreciation
- +23.2%
- 10-year appreciation
- +54.3%
- All-time peak (2026-07)
- $201,027
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $241,000
- Median list price
- $299,900
- Median days on market
- 33 days
- Sale-to-list ratio
- 100.8%
- Active listings
- 4
- 1-year forecast
- +1.2%
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
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 42.0°F
- Average high
- 52.0°F
- Average low
- 32.0°F
- Annual precipitation
- 36.4 in
- Annual snowfall
- 80.5 in
Walkability & transit
- Walkability index
- 4.0 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Young's Airport (14 mi)
- Nearest major airport
- Chippewa County International Airport (CIU) (29 mi)
- Hospitals nearby (~15 mi)
- 2
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +87 tax filers
Housing stock
- Median year housing built
- 1,969
- Median annual property tax
- $1,698
- Households with broadband internet
- 19.8%
Employment & development
- Total county employment
- 6,489
- Average weekly wage
- $840
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 55
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 →