Lake Fenton, MI
6,417Residents
$116,352Median household income
$1,547/moMedian gross rent
$396,800Median home value
50.0Median age
48%Adults with a bachelor’s degree or higher
87%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 16% of the median household income in Lake Fenton.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $62,000 a year. In Michigan that leaves roughly $4,114 a month after tax. See the full paycheck breakdown for $60,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.