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AREA INFORMATION

Bear Lake, MI

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Area Highlights

Bear Lake, MI residents have a median age of 51.3 years old, with employment highest in the sales and administrative support industries.

370 Population

The population has increased by 1.1% since the year 2010.

171 Households

$55,000 /yr
Median Household Income

$337,000
Median Home Sale Price

31m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

51.3 Median Age

Average Household Size

2.2
persons per
household

48.5%

Married Households

Community Population By Education

High School Graduate 40%
Some College 25%
Associates Degree 12%
Some High School 10%
Bachelors Degree 9%
Graduate Degree 4%

Household Family Expenses vs National Average

12.9% of households have children

Area Schools

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Economics

$55,000 /yr
Median Household Income
$337,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 96%
  • Work from Home 3%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Vacant 232 58%
Owned 156 39%
Rented 15 4%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 97%
Hispanic 1%
Asian <1%
Native American <1%
Black <1%
Other <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

80° July
Hottest Average Month
8° February
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
10°
26°
Feb
8°
28°
Mar
17°
38°
Apr
29°
52°
May
40°
66°
Jun
50°
75°
Jul
54°
80°
Aug
52°
78°
Sep
46°
69°
Oct
36°
57°
Nov
27°
42°
Dec
16°
30°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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