Life in Lake Fenton research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Fenton over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Fenton:
The population in Lake Fenton is 6,168.
The median home value in Lake Fenton is $443,115.
The median income in Lake Fenton is $112,676.
The cost of living in Lake Fenton is 111 which is 1.1x higher than the national average.
The median rent in Lake Fenton is $1,343.
The unemployment rate in Lake Fenton is 4.0%.
The poverty rate in Lake Fenton is 5.8%.
The average high in Lake Fenton is 57.2° and the average low is 37.7°.
Cost of living in Lake Fenton summary. We use data on the cost of living to determine how expensive it is to live in Lake Fenton. Real estate prices drive most of the variance in cost of living around Michigan. Key points include:
The cost of living in Lake Fenton is 111 with 100 being average.
The cost of living in Lake Fenton is 1.1x higher than the national average.
The median home value in Lake Fenton is $443,115.
The median income in Lake Fenton is $112,676.
| Living Expense | Lake Fenton | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 111 | 90 | 100 | |
| Services | 102 | 93 | 100 | |
| Groceries | 104 | 97 | 100 | |
| Health | 101 | 91 | 100 | |
| Housing | 139 | 72 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 93 | 99 | 100 | |
The average high in Lake Fenton is 57.2° and the average low is 37.7°.
There are 68.6 days of precipitation each year.
Expect an average of 32.0 inches of precipitation each year with 37.3 inches of snow.
| Stat | Lake Fenton |
|---|---|
| Average Annual High | 57.2 |
| Average Annual Low | 37.7 |
| Annual Precipitation Days | 68.6 |
| Average Annual Precipitation | 32.0 |
| Average Annual Snowfall | 37.3 |
The current population in Lake Fenton is 6,168. The population has increased 16.0% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 6,168 | -2.3% |
| 2022 | 6,316 | 3.7% |
| 2021 | 6,092 | 8.2% |
| 2020 | 5,631 | 6.6% |
| 2019 | 5,284 | -0.9% |
| 2018 | 5,331 | 1.0% |
| 2017 | 5,279 | -2.0% |
| 2016 | 5,386 | -2.3% |
| 2015 | 5,512 | 1.0% |
| 2014 | 5,456 | 3.7% |
| 2013 | 5,261 | -3.9% |
| 2012 | 5,475 | -0.5% |
| 2011 | 5,500 | 3.5% |
| 2010 | 5,315 | - |
97.7% White with 6,028 White residents.
0.0% African American with 0 African American residents.
0.1% American Indian with 6 American Indian residents.
0.4% Asian with 27 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
0.9% Two Or More with 57 Two Or More residents.
0.8% Hispanic with 50 Hispanic residents.
| Race | Lake Fenton | MI | USA |
|---|---|---|---|
| White | 97.7% | 73.0% | 58.2% |
| African American | 0.0% | 13.2% | 12.0% |
| American Indian | 0.1% | 0.3% | 0.5% |
| Asian | 0.4% | 3.3% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.0% | 0.4% | 0.5% |
| Two Or More | 0.9% | 4.1% | 3.9% |
| Hispanic | 0.8% | 5.7% | 19.0% |
Lake Fenton is 51.9% female with 3,200 female residents.
Lake Fenton is 48.1% male with 2,967 male residents.
| Gender | Lake Fenton | MI | USA |
|---|---|---|---|
| Female | 51.9% | 50.4% | 50.5% |
| Male | 48.1% | 49.6% | 49.5% |
0.0% of adults in Lake Fenton completed < 9th grade.
2.0% of adults in Lake Fenton completed 9-12th grade.
18.0% of adults in Lake Fenton completed high school / ged.
18.0% of adults in Lake Fenton completed some college.
13.0% of adults in Lake Fenton completed associate's degree.
33.0% of adults in Lake Fenton completed bachelor's degree.
13.0% of adults in Lake Fenton completed master's degree.
1.0% of adults in Lake Fenton completed professional degree.
2.0% of adults in Lake Fenton completed doctorate degree.
| Education | Lake Fenton | MI | USA |
|---|---|---|---|
| < 9th Grade | 0.0% | 3.0% | 5.0% |
| 9-12th Grade | 2.0% | 6.0% | 6.0% |
| High School / GED | 18.0% | 28.0% | 26.0% |
| Some College | 18.0% | 22.0% | 19.0% |
| Associate's Degree | 13.0% | 10.0% | 9.0% |
| Bachelor's Degree | 33.0% | 19.0% | 21.0% |
| Master's Degree | 13.0% | 9.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 1.0% | 2.0% |
2.4% of households in Lake Fenton earn Less than $10,000.
0.9% of households in Lake Fenton earn $10,000 to $14,999.
1.3% of households in Lake Fenton earn $15,000 to $24,999.
1.3% of households in Lake Fenton earn $25,000 to $34,999.
15.7% of households in Lake Fenton earn $35,000 to $49,999.
11.4% of households in Lake Fenton earn $50,000 to $74,999.
7.1% of households in Lake Fenton earn $75,000 to $99,999.
24.5% of households in Lake Fenton earn $100,000 to $149,999.
10.6% of households in Lake Fenton earn $150,000 to $199,999.
24.8% of households in Lake Fenton earn $200,000 or more.
| Income | Lake Fenton | MI | USA |
|---|---|---|---|
| Less than $10,000 | 2.4% | 5.0% | 4.9% |
| $10,000 to $14,999 | 0.9% | 3.9% | 3.6% |
| $15,000 to $24,999 | 1.3% | 7.1% | 6.6% |
| $25,000 to $34,999 | 1.3% | 7.6% | 6.8% |
| $35,000 to $49,999 | 15.7% | 11.8% | 10.4% |
| $50,000 to $74,999 | 11.4% | 16.9% | 15.7% |
| $75,000 to $99,999 | 7.1% | 13.4% | 12.7% |
| $100,000 to $149,999 | 24.5% | 16.9% | 17.4% |
| $150,000 to $199,999 | 10.6% | 8.3% | 9.3% |
| $200,000 or more | 24.8% | 9.0% | 12.6% |