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Lake Fenton, MI

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
87
Affordable
Median Home Value
$372,800
National: $426,735
Median Rent
$1,343/mo
National: $1,527/mo
Household Income
$112,676
National: $84,532
Population
6,168
Purchasing Power
153
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
87 / 100
100 = national average
Rent Index
88 / 100
Overall Index
87
Affordable

Lake Fenton Mortgage Calculator

Pre-filled with the local median home value of $372,800 and Michigan's property tax rate of 1.38%.

Salary & Purchasing Power

Median household income is $112,676 33% above the national average.

What $112,676 in Lake Fenton Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$195,564+74%
Los Angeles, CA$220,171+95%
Chicago, IL$104,905-7%
Houston, TX$91,954-18%

Property Tax in Lake Fenton, MI

Est. Annual Property Tax
$5,145
Monthly Impact
$429
Added to your mortgage
Effective Rate
1.38%
National avg: ~1.00%

Michigan Tax Overview

Tax TypeMichiganNational Avg
Property Tax Rate1.38%1.00%
Top Income Tax Rate4.25%~5.0%
State Sales Tax6%~5.0%

Compare Lake Fenton to Another City

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Cost of Living Comparison

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Lake Fenton, MI
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Lake Fenton, MI: 87
Rent Prices
88
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR