Carp Lake, MI Community Information

Carp Lake, MI Homes for Sale

Carp Lake, MI Community Information

Population

759

Median Age

42.8

Median Household Income

$46,186

Households with Children

40.27%

Median Travel Time to Work

26 minutes

Carp Lake, MI Real Estate Market Information

Homes Owned

49.64%

Homes Rented

8.99%

Homes Vacant

41.37%

Carp Lake, MI Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Carp Lake, MI School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 759
  • Total Male Population 385
  • Total Female Population 374
  • Population change since 2000 -0.65%
  • Median age 42.8
  • Percent of households with children 40.27%
  • Personal Crime risk 23

Transportation

  • Median travel time to work 26 minutes
  • Percent using Public transportation 0.00%
  • Percent Driving/Using Carpool 93.61
  • Percent Using Other transportation 1.88%
  • Percent Working From Home 4.51%

Education Levels

  • Some high school 11.61%
  • High school graduate 43.82%
  • Some college 20.60%
  • Associate degree 5.99%
  • Bachelor's degree 11.05%
  • Graduate degree 6.93%

Occupation

  • Agriculture, forestry, and fishing 1.50%
  • Construction 13.16%
  • Manufacturing 7.89%
  • Wholesale Trade 1.88%
  • Retail Trade 10.90%
  • Finance, insurance and real estate 2.63%
  • Services 3.76%
  • Public administration 6.02%
  • Information 2.26%
  • Professional 7.14%
  • Education 21.05%
  • Arts 17.67%

Income

  • Average household income $59,567
  • Income change since 2000 24.08%

Climate

  • Avg. January high/low temp 26.47 / 10.56
  • Avg. July high/low temp 78.31 / 55.65
  • Annual precipitation 30.49
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