Lathrup Village, MI Overview

Summary

Population Growth (since 2000)-1%
Population Density (ppl / mile)2,790.00
Household Size (ppl)2.531
Households w/ Children19%

Housing Stability

Annual Residential Turnover15%
5+ Years in Residency51%
Median Year in Residency5.1

Housing Inventory

Lathrup Village, MI Housing Inventory 801181,5361,536801181,536

Market Overview

24 listings with an estimated median price of $324,950

PriceCount
$0 - 100K2
$100K - 200K2
$200K - 300K4
$300K - 400K12
$400K - 500K2
$900K - 1M2
Property TypeCount
Single Family16
Condo4
Commercial2
Rental4
Lots and Land2

(Data as of 5/8/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Lathrup Village, MI Population Demographics

Total: 4,186

Households:1,654

Median Age: 47.68

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Lathrup Village, MI Temperature

Weather Risk

Lathrup Village, MI Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Lathrup Village, MI Education Climate Index

Highest Education Level Attained

Lathrup Village, MI Highest Education Level Attained 4307911981312473870943079113124738

Employment and Finance

Workforce

Lathrup Village, MI Workforce

Income by dollar range (Median Income: $84,762)

Lathrup Village, MI Income by dollar range 848423743461319813619830526020114917232

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$532
One Bedroom
$658
Two Bedroom
$863
Three Bedroom
$1,148
Four Bedroom
$1,234

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Lathrup Village, MI Crime

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