Is Lakewood Club, MI a Good Place to Live?
Lakewood Club is a small town of 1,342 in Michigan, with a median household income of $63,796 and a 5.7% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.
Strengths: Lakewood Club stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Lakewood Club is right for you depends on your priorities — the full breakdown is below.
All Lakewood Club 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: 94.7Lakewood Club's overall cost of living index is 94.7, where 100 represents the US national average. Living in Lakewood Club costs roughly 5% less than the average American city.
| Metric | Lakewood Club, MI | National Avg |
|---|---|---|
| Median Home Value | $120,900 | $244,900 |
| Median Monthly Rent | $1,119 | $1,163 |
| Homeownership Rate | 90.2% | 65.9% |
| Median Household Income | $63,796 | $74,755 |
Crime & Safety
Crime data for Lakewood Club is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
| Metric | Lakewood Club, 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 | 9.7% | 35.4% |
| High School Diploma or Higher | 85.5% | 91.1% |
Weather & Climate
Lakewood Club sees average highs of 30.2°F in January and 79.3°F in July, with 35.2 inches of annual precipitation and 68.9 inches of snow per year.
| Metric | Lakewood Club, MI |
|---|---|
| Average High — January | 30.2°F |
| Average High — July | 79.3°F |
| Annual Precipitation | 35.2" |
| Annual Snowfall | 68.9" |
Demographics
| Metric | Lakewood Club, MI | National Avg |
|---|---|---|
| Population | 1,342 | — |
| Median Age | 37.9 | 38.9 |
| Unemployment Rate | 5.7% | 3.7% |
| Avg Commute Time | 25.2 min | 26 min |
| White (non-Hispanic) | 91.1% | 59.3% |
| Black or African American | 2.0% | 13.6% |
| Hispanic or Latino | 4.5% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 22.7% | 22.2% |
| 65 and over | 10.4% | 16.8% |