Lakefield is located in Luce County, Michigan. Lakefield has a 2025 population of 1,082 . Lakefield is currently declining at a rate of -1.1% annually and its population has decreased by -4.33% since the most recent census, which recorded a population of 1,131 in 2020.
The average household income in Lakefield is $71,476 with a poverty rate of 12.14%. The median age in Lakefield is 63.5 years: 63.7 years for males, and 63.2 years for females. For every 100 females there are 130.1 males.
Data after 2023 is projected based on recent change
The racial composition of Lakefield includes 94.54% White, and smaller percentages for Native American, Black or African American, Asian and multiracial populations.
White (94.54%)
Two or more races (4.12%)
Native American (0.72%)
Black or African American (0.31%)
Asian (0.31%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 918 | 94.54% |
| Two or more races | 40 | 4.12% |
| Native American | 7 | 0.72% |
| Black or African American | 3 | 0.31% |
| Asian | 3 | 0.31% |
Married
Widowed
Divorced
Separated
Never Married
Lakefield's average per capita income is $30,435. Household income levels show a median of $64,097. The poverty rate stands at 12.14%.
Name | Median | Mean |
|---|---|---|
| Married Families | $76,250 | - |
| Families | $72,500 | $80,577 |
| Households | $64,097 | $71,476 |
| Non Families | $35,208 | $48,899 |
Average Income
Median Household Income
Poverty Rate