Lakefield, Michigan
Township in Luce County · population 1,135 (2020 Census)
- Median home
- $172,700
- Household income
- $56,484
- Jan low / Jul high
- 10° / 77°
- Tornadoes ≤10 mi since 1950
- 5
- Median age
- 58.8
Lakefield is a township of 1,135 people in Luce County, Michigan. The median home is worth $172,700, below the typical Michigan town ($193,900). It ranks quieter than 96% of Michigan towns, better for a vacation home than 87% of Michigan towns, better for retirees than 86% of Michigan towns.
How Lakefield ranks
Percentile among Michigan towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Michigan towns.
Homes and cost of living
The median home in Lakefield is worth $172,700, below the typical Michigan town ($193,900). Homes cost about 3.1 times the median household income of $56,484, which is more affordable than 37% of Michigan towns. Median rent is $703 a month. 91.6% of households own their home.
| Housing | Lakefield | Typical Michigan town |
|---|---|---|
| Median home value | $172,700 | $193,900 |
| Median rent | $703 | $955 |
| Median household income | $56,484 | $69,792 |
| Home value ÷ income | 3.1× | 2.8× |
| Homeownership | 91.6% | 86.8% |
| Median year built | 1982 | 1975 |
| Seasonal / vacation homes | 35.5% | — |
Who lives in Lakefield
| People | Lakefield | Typical Michigan town |
|---|---|---|
| Median age | 58.8 | 43.7 |
| Age 65 and over | 35.7% | 20.7% |
| Under 18 | 12.7% | — |
| Bachelor's degree or higher | 21.6% | 21.5% |
| Below the poverty line | 9.5% | 10.4% |
| Veterans | 20.6% | — |
| Born outside the U.S. | 0.1% | — |
| Work from home | 6.1% | 9.1% |
| Average commute | 30.3 min | 25.6 min |
| Homes with broadband | 84.2% | 88.8% |
Weather in Lakefield
July highs average 76.7°F and January lows 9.7°F. About 33.8 inches of rain and melted snow fall a year. Expect about 1 days a year at 90°F or hotter and 178 nights at or below freezing.
Tornadoes, storms and disasters
5 tornadoes have passed within 10 miles of Lakefield since 1950, compared with 10 for the typical Michigan town. 2 rated (E)F2 or stronger. The strongest, an F2, struck on July 14, 1984 about 9.5 miles from the town center. The most recent was on May 23, 2011.
Hail of 1 inch or larger has been reported within 10 miles 12 times; the largest was 1.75 inches on September 2, 2014.
Severe weather in Luce County since 1996
Luce County has been included in 5 federal disaster or emergency declarations since 1953, most often for drought, hurricane, snowstorm.
| Declared | Incident | Declaration |
|---|---|---|
| March 27, 2020 | Biological | DR-4494: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3455: Covid-19 |
| September 7, 2005 | Hurricane | EM-3225: Hurricane Katrina Evacuation |
| January 27, 1978 | Snowstorm | EM-3057: Blizzards & Snowstorms |
| March 2, 1977 | Drought | EM-3035: Drought |
Jobs and pay in Luce County
Luce County had 1,786 jobs in 2024, paying an average of $47,825 a year. Unemployment was 5.9% in 2023; in Lakefield itself the ACS puts it at 3.7%.
Towns near Lakefield
- Portage, MI6.8 mi · 907 people · home $213,800
- Newberry, MI12.1 mi · 1,446 people · home $68,500
- Garfield, MI13.0 mi · 1,166 people · home $176,000
- Pentland, MI15.0 mi · 1,564 people · home $133,500
- Doyle, MI16.7 mi · 563 people · home $198,400
- McMillan, MI19.3 mi · 2,471 people · home $76,100
- Manistique, MI22.3 mi · 1,045 people · home $200,900
- Hiawatha, MI28.4 mi · 1,305 people · home $184,500
Lakefield questions
Is Lakefield, Michigan a good place to retire?
On The Town Files lifestyle rankings, Lakefield scores better for retirees than 86% of Michigan towns and quieter than 96%. 35.7% of residents are 65 or older (median age 58.8).
How much does a house cost in Lakefield?
The median owner-occupied home in Lakefield is valued at $172,700 (Census ACS 2020–2024), against a median household income of $56,484, so homes cost about 3.1 times income. Median rent is $703 a month.
What is the weather like in Lakefield?
July highs average 76.7°F and January lows 9.7°F (NOAA 1991–2020 normals). It gets about 33.8 inches of precipitation a year.
Does Lakefield get tornadoes?
5 tornadoes have passed within 10 miles of Lakefield since 1950 (NOAA Storm Events); the strongest was a F2 on July 14, 1984. The typical Michigan town has had 10.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)