Lake Ann, MI

Census Place

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2023 Population

235

44.4% 1-year decline

US Senator

N/AGary Peters

Democratic Party

US Senator

N/AElissa Slotkin

Democratic Party

2023 Poverty Rate

2.55%

8% 1-year increase

2023 Median Household Income

$87,500

4.48% 1-year growth

2023 Median Property Value

$329,400

18.2% 1-year decline

2023 Employed Population

135

15.6% 1-year decline

About

In 2023, Lake Ann, MI had a population of 235 people with a median age of N/A and a median household income of $87,500. Between 2022 and 2023 the population of Lake Ann, MI declined from 423 to 235, a −44.4% decrease and its median household income grew from $83,750 to $87,500, a 4.48% increase.

N/A

None of the households in Lake Ann, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

In 2023, the median property value in Lake Ann, MI was $329,400, and the homeownership rate was 78.4%.

United States Michigan Benzie County, MI Traverse City, MI Northwest Lower Peninsula (West) PUMA, MI

Economy

The economy of Lake Ann, MI employs 135 people. In N/A, the largest industries in Lake Ann, MI were Retail Trade (27 people), Health Care & Social Assistance (23 people), and Construction (19 people), and the highest paying industries were N/A.

Employment

Occupations

135

2023 Value

± 76

−15.6%

1 Year decline

± 91.5%

From 2022 to 2023, employment in Lake Ann, MI declined at a rate of −15.6%, from 160 employees to 135 employees.

The most common job groups, by number of people living in Lake Ann, MI, are N/A. This chart illustrates the share breakdown of the primary jobs held by residents of Lake Ann, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

135

2023 Value

± 76

−15.6%

1 Year decline

± 91.5%

From 2022 to 2023, employment in Lake Ann, MI declined at a rate of −15.6%, from 160 employees to 135 employees.

The most common employment sectors for those who live in Lake Ann, MI, are Retail Trade (27 people), Health Care & Social Assistance (23 people), and Construction (19 people). This chart shows the share breakdown of the primary industries for residents of Lake Ann, MI, though some of these residents may live in Lake Ann, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

N/A

Median earning men ± N/A

N/A

Median earning women ± N/A

The industries with the best median earnings for men in 2023 are Manufacturing ($79,000), Construction ($48,958), and Public Administration ($N/A).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($56,250), Retail Trade ($19,453), and Public Administration ($N/A).

Employment by Industry Sector

Data is only available at the state level. Showing data for Michigan.

Y-Axis

2.16%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.37M people employed in Michigan. This represents a 2.16% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 23.6%.

The following chart shows monthly employment numbers for each industry sector in Michigan.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Michigan.

Measure

In N/A, N/A% of men over 25 years of age had not completed any academic degree (no schooling), while N/A% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Michigan.

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (2.31M), Some college (1.88M), and Bachelors Degree (1.44M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Lake Ann, MI was $329,400 in 2023, which is NaNM times the same as the national average of N/A. Between 2022 and 2023 the median property value increased from $402,500 to $329,400, a 18.2% decrease. The homeownership rate in Lake Ann, MI is 78.4%, which is approximately the same as the national average of 65%.

Housing

Property

$329,400

Median Property Value 2023

±$83,088

$80

Median Property Taxes

±$35

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Ann, MI the largest share of households pay taxes in the N/A range.

The chart underneath the paragraph shows the property taxes in Lake Ann, MI compared to it's parent and neighbor geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

The following map shows all of the places in Lake Ann, MI colored by their Median Household Income (N/A).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$87,500

Median Household Income

± $26,908

102

Number of Households

± 39

In 2023, the median household income of the 102 households in Lake Ann, MI grew to $87,500 from the previous year's value of $83,750.

The following chart displays the households in Lake Ann, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the N/A range.

Wage Distribution

The closest comparable wage GINI for Lake Ann, MI is from Lake Ann, MI.

N/A Wage GINI in N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of N/A. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Lake Ann, MI across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (78.4%)
Carpooled (11.2%)
Worked At Home (7.46%)

In 2023, 78.4% of workers in Lake Ann, MI drove alone to work, followed by those who carpooled to work (11.2%) and those who worked at home (7.46%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

N/A minutes

Average Travel Time

Using averages, employees in Lake Ann, MI have a similar commute time (N/A minutes) than the normal US worker (N/A minutes). Additionally, 0.806% of the workforce in Lake Ann, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Ann, MI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake Ann, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Ann, MI have 2 cars.

Poverty

Poverty & Diversity

2.55% of the population for whom poverty status is determined in Lake Ann, MI (6 out of 235 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 55 - 64, followed by Males 55 - 64 and then Males 25 - 34.

The most common racial or ethnic group living below the poverty line in Lake Ann, MI is White, followed by Black and Native American.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.7% of the population of Lake Ann, MI has health coverage, with 53.6% on employee plans, 18.3% on Medicaid, 16.6% on Medicare, 8.94% on non-group plans, and 1.28% on military or VA plans.

Primary care physicians in Michigan see 1,276 patients per year on average, which represents a 3.32% increase from the previous year (1,235 patients). Compare this to dentists who see 1246 patients per year, and mental health providers who see 297 patients per year.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 14.5% under 18 years, 28.1% between 18 and 34 years, 36.2% between 35 and 64 years, and 21.3% over 64 years.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.28%

Uninsured

53.6%

Employer Coverage

18.3%

Medicaid

16.6%

Medicare

8.94%

Non-Group

1.28%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Lake Ann, MI grew by 440% from 0.236% to 1.28%.

The following chart shows how the percent of uninsured individuals in Lake Ann, MI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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