Median Income
$29,956
household / year
Median Home Value
$131,800
owner-occupied
Median Rent
$520
gross / month
Cost of Living
95
national avg = 100

Is Lakeview, MI a Good Place to Live?

Lakeview is a small town of 1,027 in Michigan, with a median household income of $29,956 and a 14.4% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Lakeview stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Lakeview is right for you depends on your priorities — the full breakdown is below.

All Lakeview 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: 95.2

Lakeview's overall cost of living index is 95.2, where 100 represents the US national average. Living in Lakeview costs roughly 5% less than the average American city.

Metric Lakeview, MI National Avg
Median Home Value $131,800 $244,900
Median Monthly Rent $520 $1,163
Homeownership Rate 59.9% 65.9%
Median Household Income $29,956 $74,755

Crime & Safety

Near National Average

Lakeview's violent crime rate is 576.9 per 100,000 residents — 52% higher than the national average of ~380 per 100,000.

Violent Crime
576.9 /100k
Property Crime
1153.8 /100k

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

Schools & Education

Lakeview is served primarily by Lakeview Community Schools (Montcalm). The student-to-teacher ratio is 16.0:1 .

Metric Lakeview, MI National Avg
School District Lakeview Community Schools (Montcalm) —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 16.0:1 16:1
Bachelor's Degree or Higher 11.8% 35.4%
High School Diploma or Higher 86.4% 91.1%

Weather & Climate

Lakeview sees average highs of 31.2°F in January and 84.3°F in July, with 37.0 inches of annual precipitation and 72.9 inches of snow per year.

MetricLakeview, MI
Average High — January31.2°F
Average High — July84.3°F
Annual Precipitation37.0"
Annual Snowfall72.9"

Demographics

MetricLakeview, MINational Avg
Population1,027—
Median Age31.838.9
Unemployment Rate14.4%3.7%
Avg Commute Time30.2 min26 min
White (non-Hispanic)80.3%59.3%
Black or African American12.1%13.6%
Hispanic or Latino3.9%18.9%
Asian0.0%6.3%
Under 1821.8%22.2%
65 and over19.7%16.8%

Nearby Cities

ZIP Codes in Lakeview

Lakeview, MI is covered by 1 ZIP code:

Lakeview vs Other Cities

Frequently Asked Questions

Lakeview's cost of living index is 95, where 100 is the national average. That makes Lakeview roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $131,800 and median rent is $520/month.
Lakeview's violent crime rate is 576.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1153.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lakeview are operated by Lakeview Community Schools (Montcalm). The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 16.0:1. 11.8% of adults 25+ hold a bachelor's degree or higher.
Lakeview, MI has a population of 1,027, a median household income of $29,956, and an unemployment rate of 14.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lakeview averages 31.2°F in January and 84.3°F in July. Annual rainfall is 37.0 inches with about 72.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lakeview, MI is covered by 1 ZIP code: 48850.
The population of Lakeview, Michigan is 1,027 with a median age of 31.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lakeview: cost of living index 95 (100 = US average), median home $131,800, median household income $29,956, crime index 113 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Lakeview side by side with your current city to see the trade-offs.