Lapeer
Lapeer city, Michigan
Nestled in the heart of Michigan, Lapeer offers a refreshing alternative to the frenetic pace of larger cities. Imagine a place where a home can be yours for a median value of just $147,900, a stark contrast to the national average. This affordability, coupled with a tight-knit community of around 9,000 residents, cultivates a laid-back lifestyle that's hard to resist. Lapeer is known for its welcoming atmosphere, where neighbors know each other and the pace of life allows you to truly savor each day. It's a place where you can breathe easy, knowing your hard-earned dollars stretch further, affording you a higher quality of life.
From an investment perspective, Lapeer presents a compelling case. While the median household income of $50,510 is lower than the national average, the significantly lower cost of living more than compensates. The housing market is stable, offering excellent value for those looking to get into the market or expand their real estate portfolio. Though specific employment figures aren't available, the town's proximity to larger employment centers provides ample opportunities. Lapeer is ideal for first-time homebuyers, young families, and anyone seeking a safe, friendly environment without breaking the bank.
Lapeer, Michigan at a Glance
Lapeer is a city in Lapeer city, Michigan with a population of approximately 9,034. The median home value is $147,900 and the median household income is $50,510. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.7 per 1,000 residents, which is 53% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $899 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$147,900
Median Income
$50,510
Population
9,034
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 9,034
- Median Age
- N/A
- Median Household Income
- $50,510
32% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 24.0%
94% above nat'l avg
- Median Home Value
- $147,900
48% below nat'l avg
- Median Rent
- $899
23% below nat'l avg
- Homeownership Rate
- 50.0%
24% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.7 per 1K
53% below nat'l avg
- Property Crime Rate
- 1.0 per 1K
95% below nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 68.22
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 18.4¢/kWh
11% above nat'l avg
- Est. Monthly Electric
- $166
21% above nat'l avg
- Unemployment Rate
- 4.3%
16% above nat'l avg
- Poverty Rate
- 24.0%
94% above nat'l avg
Weather & Climate in Lapeer
Avg High
59°F
Avg Low
41°F
Annual Rainfall
30.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Lapeer
Lapeer Days Festival
A large annual festival with carnival rides, live music, and a parade.
Lapeer Farmers Market
A weekly market offering fresh produce, baked goods, and local crafts.
Holiday Depot
An annual event providing Christmas gifts and food to families in need.
Lapeer Car Cruise
A classic car cruise through downtown Lapeer.
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