Central Lake, MI
1,051Residents
$63,269Median household income
$1,008/moMedian gross rent
$167,100Median home value
35.4Median age
24%Adults with a bachelor’s degree or higher
75%Homes lived in by their owners
2.6×Home value to household income
Median rent takes about 19% of the median household income in Central Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $40,000 a year. In Michigan that leaves roughly $2,718 a month after tax. See the full paycheck breakdown for $40,000.
Largest places in Michigan
All cities in Michigan · Highest-paying jobs in Michigan
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.