Market insights · Michigan
Lake County, MI: growth, migration and housing
Lake County has 13,182 residents, up 9.1% since 2020 (+1.3% in the last year). In 2022–2023, 494 households moved in and 372 moved out (+122 net), bringing in a net $8.2M of income. Median household income is $50,805, the median home $133,900 and median rent $875 a month.
In Michigan: 1st of 83 counties for 5-year population growth · 2nd of 83 counties for net in-migration (per resident) · 79th of 83 counties for median household income · 77th of 83 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Lake County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Kent County, MI | 57 | $4.6M |
| Osceola County, MI | 56 | $2.3M |
| Mason County, MI | 27 | $1.0M |
| Mecosta County, MI | 27 | $1.1M |
| Newaygo County, MI | 25 | $1.1M |
| Ottawa County, MI | 25 | $1.5M |
| Muskegon County, MI | 21 | $0.7M |
Where leavers went
Top counties by households leaving Lake County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Osceola County, MI | 49 | $1.9M |
| Kent County, MI | 46 | $2.1M |
| Mecosta County, MI | 30 | $0.8M |
| Mason County, MI | 29 | $1.3M |
BizyFi in Lake County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.