9.74% of the population for whom poverty status is determined in Beaver Island Community School, MI (71 out of 729 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 65 - 74, followed by Females 25 - 34 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Beaver Island Community School, MI is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.