Houghton Lake CDP
Michigan
If you're seeking a tranquil escape without breaking the bank, Houghton Lake, Michigan, offers an enticing proposition. Nestled in the heart of the state, this charming community presents a refreshingly affordable lifestyle, particularly when contrasted with the national trends. Imagine owning a home valued at a median of $116,400, a stark contrast to the national median of approximately $350,000. This affordability is coupled with a close-knit community feel, perfect for those yearning for a slower pace of life. While the median household income of $44,432 may be lower than the national average of around $75,000, the lower cost of living provides a significant advantage, allowing residents to stretch their dollars further and enjoy the simple pleasures of lakeside living.
From an investment perspective, Houghton Lake's real estate market is ripe with opportunity, especially for those seeking value. While specific employment figures aren't available, the area's reputation for safety and its welcoming atmosphere make it an attractive prospect for families, retirees, and anyone seeking an affordable haven. The community's strong sense of place, coupled with its recreational opportunities, such as boating and fishing, renders it a desirable location for those looking to invest in a lifestyle as much as in property. Houghton Lake is an ideal choice for individuals seeking a blend of affordability, tranquility, and the chance to become part of a close-knit community.
Houghton Lake CDP, Michigan at a Glance
Houghton Lake CDP is a neighborhood in Michigan with a population of approximately 5,601. The median home value is $116,400 and the median household income is $44,432.. The violent crime rate is 2.7 per 1,000 residents, which is 25% below the national average.. Median rent is $737 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$116,400
Median Income
$44,432
Population
5,601
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 5,601
- Median Age
- N/A
- Median Household Income
- $44,432
40% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 26.1%
110% above nat'l avg
- Median Home Value
- $116,400
59% below nat'l avg
- Median Rent
- $737
37% below nat'l avg
- Homeownership Rate
- 76.5%
16% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 2.7 per 1K
25% below nat'l avg
- Property Crime Rate
- 1.6 per 1K
92% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 5.1%
38% above nat'l avg
- Poverty Rate
- 26.1%
110% above nat'l avg
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Houghton Lake CDP
Tip-Up Town USA
A winter festival held annually on the last two weekends of January.
Houghton Lake Fireworks
Annual fireworks display over Houghton Lake, typically held on the 4th of July.
Houghton Lake Summerfest
A summer festival with various activities, food vendors, and entertainment.
Houghton Lake Boat Parade
A festive boat parade held on Houghton Lake.