Income & Economy in Twin Lake, MI

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$80,150

+9% vs national

Per Capita Income

$44,230

+19% vs national

Poverty Rate

4.9%

-64% vs national

Gini Index

0.3968

0 = perfect equality

Unemployment

19.3%

+270% vs national

SNAP Recipients

4.5%

of households

How Twin Lake Compares

Source: Census ACS (2023)

Twin Lake vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Twin Lake is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Twin Lake. The median household income here is $80,150.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.6%
$25-50K
21.8%
$50-75K
16.8%
$75-100K
8.3%
$100-150K
24.0%
$150-200K
13.5%
$200K+
6.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

19.3%

+244% vs MI avg

Labor Force

1,111

Employed

897

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

22.4%

of adults 25+

High School Diploma+

44.3%

of adults 25+

Median Age

47.8

Work from Home

9.5%

of workers

The median household income in Twin Lake, MI is $80,150, which is 9.5% above the national average of $73,224. Per capita income is $44,230. The poverty rate of 4.9% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.3968, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 19.3%, compared to the state average of 5.6%. 22.4% of adults hold a bachelor's degree or higher.