Median Income
$115,714
household / year
Median Home Value
$322,900
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
93
national avg = 100

Is Lake Victoria, MI a Good Place to Live?

Lake Victoria is a small town of 950 in Michigan, with a median household income of $115,714 and a 4.3% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Lake Victoria stands out for an affordable cost of living, a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Lake Victoria is right for you depends on your priorities — the full breakdown is below.

All Lake Victoria city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.8

Lake Victoria's overall cost of living index is 92.8, where 100 represents the US national average. Living in Lake Victoria costs roughly 7% less than the average American city.

Metric Lake Victoria, MI National Avg
Median Home Value $322,900 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income $115,714 $74,755

Crime & Safety

Very Safe

Lake Victoria's violent crime rate is 41.5 per 100,000 residents — 89% lower than the national average of ~380 per 100,000.

Violent Crime
41.5 /100k
Property Crime
218.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Lake Victoria, MI National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 48.7% 35.4%
High School Diploma or Higher 97.3% 91.1%

Weather & Climate

Lake Victoria sees average highs of 30.6°F in January and 83.2°F in July, with 35.6 inches of annual precipitation and 38.3 inches of snow per year.

MetricLake Victoria, MI
Average High — January30.6°F
Average High — July83.2°F
Annual Precipitation35.6"
Annual Snowfall38.3"

Demographics

MetricLake Victoria, MINational Avg
Population950—
Median Age49.438.9
Unemployment Rate4.3%3.7%
Avg Commute Time28.6 min26 min
White (non-Hispanic)96.2%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.2%18.9%
Asian0.0%6.3%
Under 1815.9%22.2%
65 and over20.3%16.8%

Nearby Cities

Lake Victoria vs Other Cities

Frequently Asked Questions

Lake Victoria's cost of living index is 93, where 100 is the national average. That makes Lake Victoria roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $322,900 and median rent is N/A/month.
Lake Victoria's violent crime rate is 41.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 218.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lake Victoria, MI has a population of 950, a median household income of $115,714, and an unemployment rate of 4.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Victoria averages 30.6°F in January and 83.2°F in July. Annual rainfall is 35.6 inches with about 38.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lake Victoria, Michigan is 950 with a median age of 49.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Victoria: cost of living index 93 (100 = US average), median home $322,900, median household income $115,714, crime index 11 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Victoria side by side with your current city to see the trade-offs.