Laketon is a city located in Michigan. Laketon has a 2024 population of 7,648. Laketon is currently declining at a rate of -0.04% annually but its population has increased by 0.31% since the most recent census, which recorded a population of 7,624 in 2020.
The average household income in Laketon is $104,080 with a poverty rate of 3.4%. The median age in Laketon is 46.7 years: 47.5 years for males, and 46.4 years for females.
According to the most recent ACS, the racial composition of Laketon was:
White
Two or more races
Black or African American
Other race
Native American
Asian
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 2,964 | 2.57 | 91.9 | 8.1 |
| Married | 2,018 | 2.89 | 96.6 | 3.4 |
| Non Family | 624 | 1.22 | 83.3 | 16.7 |
| Male | 167 | 2.49 | 94 | 6 |
| Female | 155 | 4.05 | 63.9 | 36.1 |
2.85
Average Family Size
2.57
Average Household Size
91.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among asian people with a rate of 43.59%.
All
Male
Female
$57,164
Average Earnings
$71,032
Average Male
$42,483
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
97.52% of Laketon residents speak only English, while 2.48% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.65% of the population.
rate
3.4%
Overall Poverty Rate
1.89%
Male Poverty Rate
4.91%
Female Poverty Rate
The race most likely to be in poverty in Laketon is Asian, with 36.17% below the poverty level.
The race least likely to be in poverty in Laketon is Black, with 0.42% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.39%. Among those working part-time, it was 3.43%, and for those that did not work, the poverty rate was 5.52%.
Married
Widowed
Divorced
Separated
NeverMarried
63.5%
Overall Marriage Rate
60.4%
Male Marriage Rate
66.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
2.14%
Veteran Poverty Rate
36.19%
Veteran Disability Rate
LaborForceParticipation
66.3%
Labor Force Participation
65%
Employment Rate
2%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
86.41%
Born in Laketon
98.73%
Native Born
1.27%
Foreign Born
0.85%
Non Citizen
0.42%
Naturalized
98.73% of Laketon residents were born in the United States, with 86.41% having been born in Michigan. 0.85% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 7,633 | -3 | -0.04% |
| 2028 | 7,636 | -3 | -0.04% |
| 2027 | 7,639 | -3 | -0.04% |
| 2026 | 7,642 | -3 | -0.04% |
| 2025 | 7,645 | -3 | -0.04% |
| 2024 | 7,648 | -3 | -0.04% |
| 2023 | 7,651 | -3 | -0.04% |
| 2022 | 7,654 | -3 | -0.04% |
| 2021 | 7,657 | 33 | 0.43% |
| 2020 | 7,624 | -37 | -0.48% |
| 2019 | 7,661 | 32 | 0.42% |
| 2018 | 7,629 | 12 | 0.16% |
| 2017 | 7,617 | 19 | 0.25% |
| 2016 | 7,598 | 28 | 0.37% |
| 2015 | 7,570 | 2 | 0.03% |
| 2014 | 7,568 | -7 | -0.09% |
| 2013 | 7,575 | 42 | 0.56% |
| 2012 | 7,533 | 14 | 0.19% |
| 2011 | 7,519 | -46 | -0.61% |
| 2010 | 7,565 | 0 | 0% |