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MI area data

Carp Lake, MI

Carp Lake, MI.

Population: 619 (Census ACS)

The median home value in Carp Lake, MI is $269,660 — up 9.2% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$269,660

Median home value

+9.2%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$269,660
1-year appreciation
+9.2%
3-year appreciation
+9.1%
5-year appreciation
+22.4%
10-year appreciation
+79.5%
All-time peak (2026-04)
$275,117
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
6
New listings (monthly)
3

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)
Very Low
Top hazards (county)
coldWave
Notable hazard ratings (county)
coldWave: Relatively Moderate · inlandFlooding: Relatively Low · landslide: Relatively Low · lightning: Relatively Low · tornado: Relatively Low
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
71.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Petoskey Municipal Well Field (16.2 mi)
EPA recommends radon testing for every home regardless of zone.

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)

Annual precipitation
35.2 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
12
Nearest airport
Pellston Regional Airport of Emmet County Airport (PLN) (3 mi)
Nearest major airport
Pellston Regional Airport of Emmet County Airport (PLN) (3 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
EV charging stations (within 10 mi)
11
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+5 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,977
Housing built before 1970
41.9%
Housing built 2000 or later
18.4%
Median annual property tax
$2,373
Mean commute to work
26 min
Households with broadband internet
65.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
15,352
Average weekly wage
$1,035
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
159

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Carp LakeState medianUS median
Median home value$269,660$246,351$289,727
Median annual property tax$2,373$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 Carp Lake, MI?
$269,660.
What is the natural-hazard risk in Carp Lake, MI?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave.
What is the wildfire risk in Carp Lake, MI?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Carp Lake, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Carp Lake, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Carp Lake, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Carp Lake

Selling a home in Carp Lake, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents