Lathrup Village
Lathrup Village city, Michigan
Nestled in the heart of Oakland County, Lathrup Village offers a unique blend of suburban charm and urban convenience. This tight-knit community of just over 4,000 residents boasts a median home value of $261,800, significantly below the national average, making it an attractive option for those seeking affordability without sacrificing quality of life. The median household income of $97,750 reflects a financially stable populace, fostering a sense of community pride and well-maintained properties, all while offering a tranquil, tree-lined environment. Residents enjoy a relaxed pace of life, with easy access to the vibrant cultural scenes of nearby cities while retaining a strong sense of small-town belonging.
From an investment perspective, Lathrup Village presents a compelling opportunity. The housing market is stable, and the area's robust median income suggests a healthy economic foundation. Though specific unemployment figures are not available, the overall economic health of the region points toward favorable employment prospects. The village is known for its low crime rates, making it an ideal location for families and individuals seeking a safe and secure environment. Lathrup Village is perfectly suited for those seeking a friendly, accessible community with excellent schools and a strong sense of community, all while offering the benefits of cost-effective living.
Lathrup Village, Michigan at a Glance
Lathrup Village is a city in Lathrup Village city, Michigan with a population of approximately 4,076. The median home value is $261,800 and the median household income is $97,750.. The violent crime rate is 3.7 per 1,000 residents, compared to the national average of 3.6.. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$261,800
Median Income
$97,750
Population
4,076
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Not enough data for an overall score (2 of 2 factors available)
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- Population
- 4,076
- Median Age
- N/A
- Median Household Income
- $97,750
31% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $261,800
7% below nat'l avg
- Median Rent
- N/A
- Homeownership Rate
- N/A
- Affordability Index
- N/A
- Violent Crime Rate
- 3.7 per 1K
3% above nat'l avg
- Property Crime Rate
- 2.2 per 1K
88% 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
- N/A
- Poverty Rate
- N/A
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Lathrup Village
Lathrup Village City Wide Garage Sale
Annual city-wide garage sale offering residents the chance to buy and sell.
Lathrup Village Arbor Day Celebration
An annual event held to celebrate Arbor Day and promote tree planting and environmental awareness.
Lathrup Village Summer Concert Series
A series of free outdoor concerts held during the summer months.
Lathrup Village Memorial Day Ceremony
A ceremony to honor and remember those who have served in the United States Armed Forces.
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