Elk Rapids vs Lakes of the North

A side-by-side comparison of Elk Rapids and Lakes of the North: population, income, housing, and more.

Elk Rapids and Lakes of the North are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Elk Rapids has the higher population (1,558 vs 1,076 in Lakes of the North). Elk Rapids has the higher median household income ($78,472 vs $65,536 in Lakes of the North). Elk Rapids has the higher median home value ($348,400 vs $169,600 in Lakes of the North).

Population, income & housing

	Elk Rapids	Lakes of the North
Population	1,558	1,076
Median age	57.5 yrs	54.7 yrs
Median household income	$78,472	$65,536
Median home value	$348,400	$169,600
Median gross rent	$1,032	—
Housing units	1,238	1,228
Homeownership rate	78.5%	92.6%
Bachelor's degree or higher	46.8%	25.6%
Unemployment rate	0.9%	3.1%

Trends (ACS 5-year, 2019–2023)

	Elk Rapids	Lakes of the North
Population	1,494 → 1,558 (+4.3%)	805 → 1,076 (+33.7%)
Median household income	$60,536 → $78,472 (+29.6%)	$45,545 → $65,536 (+43.9%)
Median home value	$229,200 → $348,400 (+52.0%)	$92,900 → $169,600 (+82.6%)
Median gross rent	$827 → $1,032 (+24.8%)	—

Elk Rapids

Population

1,4941,558

Median household income

$60,536$78,472

Median home value

$229,200$348,400

Median gross rent

$827$1,032

Lakes of the North

Population

8051,076

Median household income

$45,545$65,536

Median home value

$92,900$169,600

Age & race/ethnicity

Age distribution (share)

	Elk Rapids	Lakes of the North
Under 5	3.5%	3.7%
5 to 17	11.4%	11.7%
18 to 24	4.5%	2.4%
25 to 34	6.2%	9.6%
35 to 44	12.0%	5.9%
45 to 54	7.2%	17.1%
55 to 64	19.7%	27.8%
65 to 74	19.3%	13.8%
75 and over	16.2%	7.9%

Race & ethnicity (share)

	Elk Rapids	Lakes of the North
White (non-Hispanic)	89.5%	94.6%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.5%
Asian	2.8%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.0%	4.1%
Hispanic or Latino	3.7%	0.8%

Educational attainment (age 25+)

Share of adults 25+

	Elk Rapids	Lakes of the North
No high school diploma	1.9%	3.1%
High school graduate	22.1%	30.0%
Some college or associate's	29.2%	41.4%
Bachelor's degree	30.1%	15.7%
Graduate or professional degree	16.7%	9.8%

Commute to work

How workers get to work (share)

	Elk Rapids	Lakes of the North
Drove alone	70.5%	93.0%
Carpooled	1.6%	2.3%
Public transit	0.0%	0.0%
Walked	14.5%	0.0%
Bicycle	1.2%	0.0%
Worked from home	10.5%	4.5%
Other means	1.6%	0.2%

Housing

Units in structure (share)

	Elk Rapids	Lakes of the North
1-unit, detached	63.7%	90.9%
1-unit, attached	7.5%	0.0%
2 to 4 units	12.6%	0.0%
5 to 19 units	8.6%	0.0%
20 or more units	0.9%	0.0%
Mobile home & other	6.6%	9.1%

Poverty & households

	Elk Rapids	Lakes of the North
Poverty rate	4.3%	9.9%
Average household size	1.87	2.04
Mean commute (minutes)	18	33
Median year structure built	1967	1990