CitytisticsShortlist

Cost of living, pay and housing

43.58° N · 85.31° W · GEOID 2613010

Canadian Lakes

Mecosta County, Michigan · part of the Big Rapids, MI metro

Limited data population under 5,000, core figures borrowed from county or metro: median_gross_rent

MichiganCanadian Lakes, MICanadian LakesCanadian Lakes

The short answer

Canadian Lakes is home to 2,991 people. Median household income is $78,833 a year and median rent is $934 a month, 14.2% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $270,000, about 3.4x annual median household income.

Median gross rent
$934
32% below the median place
Median household income
$78,833
2% below the median place
Median home value
$270,000
15% below the median place
Unemployment
4.0%
19% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Canadian Lakes

  • The median resident is 63 years old, older than in 98% of the 2,479 places under 10,000 people we track. It is the highest of 176 Michigan places.
  • Between the 2020 and 2024 surveys, household income rose 6.2% a year while rent rose -0.3%, so pay gained on rent more than in 92% of places its size. It is the 3rd-lowest of 176 Michigan places.
  • 30% of homes stand vacant, more than in 95% of places its size. It is the 3rd-highest of 142 Michigan places.
  • Households average 1.93 people, smaller than in 96% of places its size.
  • 91% of homes are owner-occupied, more than in 90% of places its size.
01

Moving to Canadian Lakes

Mecosta County gains about 4.8 residents per 1,000 a year to moves between counties.

Moved in2,324
Moved out2,175
Net+149

Where people come from and where they go, top counties

Osceola County, MI187258−71
Newaygo County, MI199162+37
Lake County, MI4953−4

Within Michigan, other states or abroad

Arrivals
Leavers
Within MichiganOther states

Income per tax return

Arrivals$50K
Leavers$46K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Mecosta County; flows under 20 returns are not published.

Who moves here
6.0% of residents arrived from another county in the past year, 1.9% from another state.
Who arrives and who leaves
Households moving into Mecosta County report $49,700 a year in income on average; those leaving, $45,600, so newcomers earn more than leavers.
Income you would need
$37,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $934 a month; owners with a mortgage pay $1,478 a month including taxes and insurance, on a median home of $270,000.
Getting to work
32 minutes each way on average; 21.8% work from home.
If it is close but not quite
Belfast, ME matches it on character. Compare the two
Moved here in the past year1
6.0%
5% above the median place
Income of households moving out6
$45,615
35% below the median place
Income of households moving in6
$49,695
30% below the median place
All 5 moving measures
MeasureCanadian LakesAmong 6,645 placesVs median
Moved here in the past year16.0%5% above
Moved from another state1County figure1.9%4% below
Net movers per 1,000 people6County figure4.8above (median -0.6)
Income of households moving in6County figure$49,69530% below
Income of households moving out6County figure$45,61535% below
02

What it costs to live here

Vacant homes is 29.9%, 324% above the median place.

Canadian Lakes14.2%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$37,360
a year, at the 30% line
Rent to income
14.2%
30% below the median place
Home price to income
3.4x
10% below the median place

Could you afford it?

The median rent would take
14%
comfortably under the 30% line
Left after rent, in US prices
$67,800
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Canadian Lakes, $934 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Canadian Lakes.

Sponsored · exampleMoving to Canadian Lakes? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
29.9%
324% above the median place
Homeownership1
90.7%
37% above the median place
Owner costs with a mortgage1
$1,478
21% below the median place
All 15 cost and housing measures
MeasureCanadian LakesAmong 6,645 placesVs median
Median gross rent1County figure$93432% below
Rent to income114.2%30% below
Property tax rate11.0%5% above
Home price to income13.4x10% below
Fair market rent, 2 bedrooms2County figure$1,06334% below
HUD area median income3County figure$81,70024% below
Property tax paid (median)1$2,59321% below
Median home value1$270,00015% below
Home prices, 1-year change4County figure4.1%29% above
Home prices, 5-year change4County figure68.2%32% above
Homeownership190.7%37% above
Renters paying 30%+1County figure52.1%3% above
Owner costs with a mortgage1$1,47821% below
Vacant homes129.9%324% above
Median year built119870% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
32 min
28% above the median place
Works from home1
21.8%
75% above the median place

More on work and pay, against the typical place

Poverty rate12.3% +14%
Income per person$42,579 +6%
Median household income$78,833 −2%
All 10 work and pay measures
MeasureCanadian LakesAmong 6,645 placesVs median
Median household income1$78,8332% below
Income per person1$42,5796% above
Unemployment1County figure4.0%19% below
Average annual pay5County figure$45,79331% below
Pay growth, 1 year5County figure1.3%65% below
Jobs5County figure12,26292% below
Poverty rate112.3%14% above
Mean commute132 min28% above
Works from home121.8%75% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

High school or higher is 99.2%, 7% above the median place.

High school or higher1
99.2%
7% above the median place
Median age1
63.0
62% above the median place
Household size1
1.9
23% below the median place
All 8 people measures
MeasureCanadian LakesAmong 6,645 placesVs median
Population12,9916646th largest
Median age163.062% above
Bachelor's or higher137.6%17% above
High school or higher199.2%7% above
Household size11.923% below
Born abroad1County figure2.0%77% below
No health insurance1County figure7.8%22% above
Homes with broadband192.7%0% above
05

Life in Canadian Lakes

3 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents26.8 2.6×
Playgrounds per 10k6.7 −29%
Grocery stores per 10k3.3 +58%
Restaurants, cafes and bars per 10k3.3 −70%
Libraries per 10k0.0 −100%
Named paths and bike trails4 km +75%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars17.7 −15%
Shops35.4 +17%
Arts, recreation and fitness3.6 −12%
Doctors' offices and clinics13.3 −34%
Child care centers2.2 −4%

Counts businesses with paid staff, so small owner-run shops are not included.

Doctors' offices and clinics per 10k7
13.3
34% below the median place
Shops per 10k7
35.4
17% above the median place
Students per teacher10
18.2
18% above the median place
All 16 schools and local life measures
MeasureCanadian LakesAmong 6,645 placesVs median
Public schools10County figure19111% above
Public school students10County figure5,2197% above
Students per teacher10County figure18.218% above
Restaurants and bars per 10k7County figure17.715% below
Shops per 10k7County figure35.417% above
Arts, recreation and fitness per 10k7County figure3.612% below
Doctors' offices and clinics per 10k7County figure13.334% below
Child care centers per 10k7County figure2.24% below
Parks per 10k826.8163% above
Playgrounds per 10k86.729% below
Grocery stores per 10k83.358% above
Restaurants, cafes and bars per 10k83.370% below
Libraries per 10k80.0below (median 0.9)
Named paths and bike trails83.575% above
Transit stops per sq mi80.0below (median 0.2)
National Register listings9County figure377% below
06

Safety, weather and risk

Heat wave risk is 29.0, 68% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Canadian Lakes. Larger places are fetched first.

Heat wave risk12
29.0
68% below the median place
Average temperature11
46°F
17% below the median place
January average low11
14°F
46% below the median place
All 9 weather and risk measures
MeasureCanadian LakesAmong 6,645 placesVs median
July average high11County figure82°F6% below
January average low11County figure14°F46% below
Average temperature11County figure46°F17% below
Annual precipitation11County figure35.6 in19% below
Natural hazard risk12County figure69.824% below
Hurricane risk12County figure27.461% below
Tornado risk12County figure62.823% below
Wildfire risk12County figure29.252% below
Heat wave risk12County figure29.068% below
08

Canadian Lakes in 2030: where the trends point

If recent trends hold, the median rent will take about 12% of the median income in 2030, about the same as 12% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$789/mo (2024)$990/mo$820 to $1,210/mo+3.9%
Median household income$78,833 (2024)$100,000$84,500 to $118,500+4.1%
Median home value$270,000 (2024)$386,000$280,000 to $532,000+6.1%

The median home would be worth 3.9 years of the median income in 2030, against 3.4 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Canadian Lakes

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Belfast, ME$962$67,679Compare
North Myrtle Beach, SC$1,263$72,722Compare
Sequim, WA$1,195$59,707Compare
Wickenburg, AZ$991$67,600Compare
Wickenburg, AZSequim, WANorth Myrtle Beach, SCBelfast, MECanadian Lakes, MICanadian LakesBelfastNorth Myrtle BeachSequimWickenburgCanadian LakesBelfastNorth Myrtle BeachSequimWickenburg

Common questions

Is Canadian Lakes a good place to live?

It depends on what you need, so here is what the numbers say. The median resident is 63 years old, older than in 98% of the 2,479 places under 10,000 people we track. It is the highest of 176 Michigan places. Between the 2020 and 2024 surveys, household income rose 6.2% a year while rent rose -0.3%, so pay gained on rent more than in 92% of places its size. It is the 3rd-lowest of 176 Michigan places. On cost, space and class size it scores 70 out of 100 for families. See how it ranks with your own weights.

Is Canadian Lakes expensive to live in?

The median rent takes 14.2% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $270,000.

What salary do you need to live in Canadian Lakes?

To rent the median home without spending more than 30% of income on rent, a household needs about $37,360 a year. Work it out from your current city.

What places are similar to Canadian Lakes?

On income, rent, home value, education and age, the closest matches are Belfast, ME, North Myrtle Beach, SC, Sequim, WA and Wickenburg, AZ.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Canadian Lakes with places of a similar size, using only figures measured for Canadian Lakes itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/canadian-lakes-michigan

Citytistics. “Canadian Lakes, Michigan.” Data as of 2026-11-14. https://www.citytistics.com/city/canadian-lakes-michigan/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.