Lake Fenton, MI

Census Place

2024 Population

6,417

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

2.15% 1-year decrease

2024 Poverty Rate

7.2%

25.1% 1-year increase

2024 Median Household Income

$116,352

3.26% 1-year growth

2024 Median Property Value

$396,800

Population & Diversity

Lake Fenton, MI is home to a population of 6.42k people, from which 99.8% are citizens.

As of 2024, 1.64% of Lake Fenton, MI residents were born outside of the country (105 people).

In 2024, there were 98.4 times more White (Non-Hispanic) residents (6.2k people) in Lake Fenton, MI than any other race or ethnicity. There were 63 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 55 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.8%

2024 Citizenship

99.8%

2023 Citizenship

As of 2024, 99.8% of Lake Fenton, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Fenton, MI was 99.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Lake Fenton, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Fenton, MI

White (Non-Hispanic)
6.2k ± 591
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
63 ± 47
Two Races Including Other (Non-Hispanic)
55 ± 84

0.81%

Hispanic Population

52 people

0.81% of the people in Lake Fenton, MI are hispanic (52 people).

The following chart shows the 8 races represented in Lake Fenton, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

1.64%

2024 Foreign-Born Population

105 people

1.57%

2023 Foreign-Born Population

97 people

As of 2024, 1.64% of Lake Fenton, MI residents (105 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Fenton, MI was 1.57%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lake Fenton, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
309 ± 324
Gulf War (2001-)
83 ± 99
Gulf War (1990s)
56 ± 56

Lake Fenton, MI has a large population of military personnel who served in Vietnam, 3.72 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Fenton, MI.

Economy

The economy of Lake Fenton, MI employs 2.5k people. In 2024, the largest industries in Lake Fenton, MI were Health Care & Social Assistance (372 people), Manufacturing (349 people), and Finance & Insurance (247 people), and the highest paying industries were Transportation & Warehousing ($225,066), Professional, Scientific, & Technical Services ($167,734), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($116,635).

Employment

Occupations

2.5k

2024 Value

± 385

7.4%

1 Year growth

± 21.1%

From 2023 to 2024, employment in Lake Fenton, MI grew at a rate of 7.4%, from 2.32k employees to 2.5k employees.

The most common job groups, by number of people living in Lake Fenton, MI, are Management Occupations (458 people), Office & Administrative Support Occupations (432 people), and Sales & Related Occupations (255 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Fenton, 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

2.5k

2024 Value

± 385

7.4%

1 Year growth

± 21.1%

From 2023 to 2024, employment in Lake Fenton, MI grew at a rate of 7.4%, from 2.32k employees to 2.5k employees.

The most common employment sectors for those who live in Lake Fenton, MI, are Health Care & Social Assistance (372 people), Manufacturing (349 people), and Finance & Insurance (247 people). This chart shows the share breakdown of the primary industries for residents of Lake Fenton, MI, though some of these residents may live in Lake Fenton, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$90,000

Median earning men ± $20,364

$49,856

Median earning women ± $6,806

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($134,297), Manufacturing ($106,471), and Educational Services, & Health Care & Social Assistance ($100,234).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($103,152), Wholesale Trade ($82,768), and Manufacturing ($60,368).

Housing & Living

The median property value in Lake Fenton, MI was $396,800 in 2024, which is 1.19 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $372,800 to $396,800, a 6.44% increase. The homeownership rate in Lake Fenton, MI is 87.4%, which is higher than the national average of 65.2%.

People in Lake Fenton, MI have an average commute time of 29.9 minutes, and they drove alone to work. Car ownership in Lake Fenton, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$396,800

Median Property Value 2024

±$51,150

$2,410

Median Property Taxes

±$434

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 Fenton, MI the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

87.4%

Homeownership

2024

68.1%

Homeowners with Mortgage

2024

In 2024, 87.4% of the housing units in Lake Fenton, MI were occupied by their owner. This percentage declined from the previous year's rate of 89.4%.

This chart shows the percentage of owner in Lake Fenton, MI compared it's parent and neighboring geographies.

Equity

Household Income

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

$116,352

Median Household Income

± $17,032

2.76k

Number of Households

± 474

In 2024, the median household income of the 2.76k households in Lake Fenton, MI grew to $116,352 from the previous year's value of $112,676.

The following chart displays the households in Lake Fenton, 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 $200k+ range.

Wage Distribution

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

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (76.2%)
Worked At Home (15.5%)
Carpooled (7.93%)

In 2024, 76.2% of workers in Lake Fenton, MI drove alone to work, followed by those who worked at home (15.5%) and those who carpooled to work (7.93%).

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

29.9 minutes

Average Travel Time

Using averages, employees in Lake Fenton, MI have a longer commute time (29.9 minutes) than the normal US worker (26.4 minutes). Additionally, 1.63% of the workforce in Lake Fenton, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Fenton, 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 Fenton, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Fenton, MI have 2 cars.

Poverty

Poverty & Diversity

7.2% of the population for whom poverty status is determined in Lake Fenton, MI (461 out of 6.4k 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 Females 55 - 64, followed by Females 18 - 24 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Lake Fenton, 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

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

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

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