HomeMichiganBenzie CountyLake Ann
Lake Ann, Michigan: commercial real estate data.
Lake Ann is a Census village of 273 people across 0.45 square miles of land, in Benzie County. Median household income is $70,625, 82.9 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $343,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Ann
What Lake Ann is
- Census place typevillage
- Land area0.45 sq mi
- Water area0.03 sq mi
- Population per square mile of land608 plus or minus 194
- County holding the largest share of its areaBenzie County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Ann
How many people live in Lake Ann
- Population273 plus or minus 87
- Median age47.5
- Population under 1833 plus or minus 23
- Share under 1812.1 percent plus or minus 7.4
- Population 65 and over51 plus or minus 24
- Share 65 and over18.7 percent plus or minus 6.3
- Households123 plus or minus 40
- Family households99 plus or minus 39
- Share of households that are families80.5 percent plus or minus 17.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Ann
Income and work in Lake Ann
- Median household income$70,625 plus or minus $38,144
- Per capita income$46,437 plus or minus $15,839
- Civilian labor force154 plus or minus 58
- Employed148 plus or minus 55
- Unemployed6 plus or minus 11
- Unemployment rate3.9 percent plus or minus 7.0
- Adults 25 and over225 plus or minus 70
- Adults 25 and over with a high school diploma or higher95.6 percent plus or minus 41.5
- Adults 25 and over with a bachelor degree or higher32.9 percent plus or minus 10.1
- Adults 25 and over with a graduate degree9.3 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Ann
Housing in Lake Ann
- Housing units180 plus or minus 52
- Occupied units123 plus or minus 40
- Vacant units57 plus or minus 27
- Vacancy rate31.7 percent plus or minus 11.9
- Owner occupied102 plus or minus 38
- Renter occupied21 plus or minus 16
- Ownership rate82.9 percent
- Median owner-occupied home value$338,900 plus or minus $124,613
- Median gross rent, monthly$1,200 plus or minus $517
- Annual rent as a share of median income20.4 percent plus or minus 14.1
- Single family units174 plus or minus 53
- Share single family96.7 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes6 plus or minus 5
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Ann
How Lake Ann gets to work
- Workers 16 and over who commute131 plus or minus 53
- Commuting under 15 minutes31 plus or minus 27
- Share commuting under 15 minutes23.7 percent plus or minus 18.7
- Commuting 30 minutes or more48 plus or minus 30
- Share commuting 30 minutes or more36.6 percent plus or minus 17.0
- Drove alone77.4 percent plus or minus 19.2
- Carpooled8.9 percent plus or minus 8.2
- Public transport0.0 percent
- Walked3.4 percent plus or minus 4.6
- Worked from home10.3 percent plus or minus 5.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Ann
SBA loans in Lake Ann (7(a))
- Approvals5
- Gross approval$343,000
- Average approval$68,600
- Median approval$30,400
- Largest approval$208,600
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Lake Ann, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Benzie County, not Lake Ann
Benzie County context, not Lake Ann figures
- Establishments in Benzie County474
- Covered employment, Benzie County4,882
- Average annual pay, Benzie County$45,619
- Housing units permitted, Benzie County110
Every figure in this section is published for Benzie County as a whole and is not a measurement of Lake Ann.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Ann questions, answered from the record.
How many people live in Lake Ann, Michigan?
273, in 123 households. Lake Ann village covers 0.45 square miles of land, which is 608 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Ann in?
Benzie County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Ann?
$70,625. The median owner-occupied home is valued at $338,900. Median gross rent is $1,200 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Ann businesses?
5 7(a) approvals totaling $343,000 since FY2020, across 1 lenders, median approval $30,400. These count approvals to borrowers whose address is in Lake Ann, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Ann borrowers get paid back?
No rate is published for Lake Ann. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Lake Ann figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Benzie County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Ann.
Is zoning published for Lake Ann?
No. Nothing on this page presents parcel level zoning.