Another notable thing is that Lake is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Lake has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Lake has few renters and college students. But the biggest reason it is quieter in Lake than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Lake may be for you.
The citizens of Lake are slightly less educated than the national average of 21.84% for the average city or town: 15.37% of adults in Lake have a bachelor's degree or advanced degree
The per capita income in Lake in 2018 was $33,635, which is upper middle income relative to Michigan, and middle income relative to the rest of the US. This equates to an annual income of $134,540 for a family of four. However, Lake contains both very wealthy and poor people as well.
Lake is a somewhat ethnically-diverse town. The people who call Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake residents report their race to be White, followed by Native American. Important ancestries of people in Lake include German, English, Irish, Polish, and Italian.
The most common language spoken in Lake is English. Other important languages spoken here include Italian and Polish.
