Area data
Lake, MI — ZIP 48632
Population: 5,268 (Census ACS)
The median home value in ZIP 48632 (Lake, MI) is $184,672 — up 10.6% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, winterweather, coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).
$184,672
Median home value
+10.6%
1-year change
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $184,672
- 1-year appreciation
- +10.6%
- 3-year appreciation
- +19.0%
- 5-year appreciation
- +24.3%
- 10-year appreciation
- +90.4%
- All-time peak (2026-04)
- $185,902
- House Price Index (state)
- 387.5 (+5.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- For-sale inventory
- 66
- New listings (monthly)
- 19
Source: recent area sales and market data (ZIP-level)
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- strongWind, winterWeather, coldWave, lightning
- Notable hazard ratings (county)
- coldWave: Relatively Moderate · hail: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively Low · lightning: Relatively Moderate
- Wildfire risk to homes (county)
- Higher than 21% of US counties
- Buildings in wildfire direct-exposure zone
- 77.8%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Clare Water Supply (8.6 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 48.0°F
- Average high
- 58.0°F
- Average low
- 38.0°F
- Annual precipitation
- 38.0 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- Airports within 30 mi
- 16
- Nearest airport
- Witbeck Aerodrome Airport (8 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Hospitals include
- MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
- Avg hospital rating (CMS)
- 3.1 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +152 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,985
- Housing built before 1970
- 25.0%
- Housing built 2000 or later
- 22.3%
- Median annual property tax
- $1,428
- Mean commute to work
- 31 min
- Households with broadband internet
- 54.0%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 5,591
- Average weekly wage
- $893
- Top industries (by employment)
- Health Care, Accommodation & Food, Other Services
- Annual residential building permits (county)
- 30
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 48632 | State median | US median | |
|---|---|---|---|
| Median home value | $184,672 | $246,351 | $289,727 |
| Median annual property tax | $1,428 | $2,175 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 48632?
- $184,672.
- What is the natural-hazard risk in ZIP 48632?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, winterWeather, coldWave, lightning.
- What is the wildfire risk in ZIP 48632?
- Risk to homes is higher than 21% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 48632?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 48632?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- What is the cost of living in ZIP 48632?
- Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →