Median Income
$97,750
household / year
Median Home Value
$261,800
owner-occupied
Median Rent
$1,511
gross / month
Cost of Living
98
national avg = 100

Is Lathrup Village, MI a Good Place to Live?

Lathrup Village is a small town of 4,076 in Michigan, with a median household income of $97,750 and a 7.5% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.

Strengths: Lathrup Village stands out for lower-than-average crime, solid school ratings (A-), a well-educated population, short average commutes.

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

All Lathrup Village 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: 98.0

Lathrup Village's overall cost of living index is 98.0, where 100 represents the US national average. Living in Lathrup Village costs roughly 2% less than the average American city.

Metric Lathrup Village, MI National Avg
Median Home Value $261,800 $244,900
Median Monthly Rent $1,511 $1,163
Homeownership Rate 91.2% 65.9%
Median Household Income $97,750 $74,755

Crime & Safety

Very Safe

Lathrup Village's violent crime rate is 225.5 per 100,000 residents — 41% lower than the national average of ~380 per 100,000.

Violent Crime
225.5 /100k
Property Crime
977.2 /100k

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

Schools & Education

Lathrup Village is served primarily by Southfield Public School District. The student-to-teacher ratio is 15.8:1 (better than the national average of ~16:1).

Metric Lathrup Village, MI National Avg
School District Southfield Public School District —
Elementary Schools 6 —
Middle Schools 2 —
High Schools 2 —
Student/Teacher Ratio 15.8:1 16:1
Bachelor's Degree or Higher 49.1% 35.4%
High School Diploma or Higher 94.6% 91.1%

Weather & Climate

Lathrup Village sees average highs of 30.4°F in January and 82.9°F in July, with 33.0 inches of annual precipitation and 36.0 inches of snow per year.

MetricLathrup Village, MI
Average High — January30.4°F
Average High — July82.9°F
Annual Precipitation33.0"
Annual Snowfall36.0"

Demographics

MetricLathrup Village, MINational Avg
Population4,076—
Median Age48.238.9
Unemployment Rate7.5%3.7%
Avg Commute Time24.7 min26 min
White (non-Hispanic)30.9%59.3%
Black or African American66.3%13.6%
Hispanic or Latino0.5%18.9%
Asian0.0%6.3%
Under 1812.6%22.2%
65 and over25.5%16.8%

Nearby Cities

Lathrup Village vs Other Cities

Frequently Asked Questions

Lathrup Village's cost of living index is 98, where 100 is the national average. That makes Lathrup Village roughly 2% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $261,800 and median rent is $1,511/month.
Lathrup Village's violent crime rate is 225.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 977.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lathrup Village are operated by Southfield Public School District. The district has 6 elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 15.8:1. 49.1% of adults 25+ hold a bachelor's degree or higher.
Lathrup Village, MI has a population of 4,076, a median household income of $97,750, and an unemployment rate of 7.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lathrup Village averages 30.4°F in January and 82.9°F in July. Annual rainfall is 33.0 inches with about 36.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lathrup Village, Michigan is 4,076 with a median age of 48.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lathrup Village: cost of living index 98 (100 = US average), median home $261,800, median household income $97,750, crime index 54 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Lathrup Village side by side with your current city to see the trade-offs.