A+

Lakeland, MI

Source:

Affordability Score: 100/100

Population: 32 · 1 ZIP codes

The affordability dashboard for Lakeland, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 32 residents, then layers in county-level federal data to produce an overall grade of A+ (100/100). The headline inputs are median household income of , median home value of , median rent of per month, and 91.6% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,457 per month (studio $1,005, 1BR $1,264, 3BR $2,026, 4BR $2,285). Department of Labor data lists infant center-based childcare at $11,269 per year.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Lakeland, MI include education. Unemployment currently reads 0.0% and poverty 0.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income N/A
N/A
Median household income
Education A+
91.6%
Bachelor's degree or higher
Housing N/A
N/A
Home value to income ratio
Commute N/A
N/A
Average commute time
Rent N/A
N/A
2-bedroom fair market rent
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
Per Capita Income
$64,014
Unemployment Rate
0.0%
Poverty Rate
0.0%

Housing

Median Home Value
Median Rent
Owner Occupied
100.0%
2BR Fair Market Rent
$1,457/mo
▲ 21% vs national

Fair Market Rents by Bedroom

Studio
$1,005
1BR
$1,264
2BR
$1,457
3BR
$2,026
4BR
$2,285

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
91.6%
▲ 62 ppt vs national
High School+
91.6%
Median Age
45.2
Avg. Commute

Childcare Costs

Infant (Center)
$11,269/yr
Toddler (Center)
$11,269/yr
Preschool (Center)
$9,050/yr
School-Age (Center)
$6,793/yr

What This Means

Lakeland, MI receives an overall affordability grade of A+ (100/100), aggregated from 1 ZIP codes with a total population of 32. This area performs well in education. Data was unavailable for income, housing, commute, rent, safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Lakeland ZIP Codes
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What are common questions about this dashboard?

Is Lakeland, MI affordable?
Lakeland, MI receives an overall affordability grade of A+ (100/100) based on Census, HUD, FBI, and DOL data.
What is the cost of living in Lakeland?
Key cost metrics: 2BR fair market rent $1,457/mo. Infant childcare $11,269/yr.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →