Population 327 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Fortune Lake
Household size in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 2.41 | 2.58 | 2.68 |
| 2010–14 | 2.17 | 2.58 | 2.73 |
| 2015–19 | 2.13 | 2.53 | 2.71 |
| 2020–24 | 1.81 | 2.51 | 2.65 |
| Change | −0.60 | −0.06 | −0.03 |
Fortune Lake is a place of small households, averaging 1.81 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.41 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 49.2 | 38.9 | 37.7 |
| 2010–14 | 52.4 | 40.1 | 38.6 |
| 2015–19 | 59.5 | 41.0 | 39.6 |
| 2020–24 | 62.8 | 41.3 | 40.1 |
| Change | +13.6 | +2.4 | +2.3 |
With a median age of 62.8, Fortune Lake is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 7.2% | 11.3% | 12.3% |
| 2010–14 | 6.2% | 11.5% | 12.3% |
| 2015–19 | 3.1% | 10.9% | 11.6% |
| 2020–24 | 2.7% | 10.7% | 11.6% |
| Change | −4.5 pts | −0.6 pts | −0.6 pts |
Single parents head only 2.7% of households in Fortune Lake, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Fortune Lake
Renters in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 25.8% | 33.3% |
| 2010–14 | 6.4% | 28.5% | 35.6% |
| 2015–19 | 8.4% | 28.8% | 36.0% |
| 2020–24 | 5.1% | 26.8% | 34.8% |
| Change | −5.6 pts | +1.0 pts | +1.5 pts |
Fortune Lake is overwhelmingly a place of homeowners: only 5.1% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About six in ten owners (59.7%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 41.7% | 13.0% | 11.4% |
| 2010–14 | 37.4% | 13.0% | 11.4% |
| 2015–19 | 49.8% | 11.9% | 11.1% |
| 2020–24 | 36.4% | 10.2% | 9.6% |
| Change | −5.4 pts | −2.8 pts | −1.8 pts |
Vacant homes make up 36.4% of the housing in Fortune Lake, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 1970 | 1969 | 1974 |
| 2010–14 | 1975 | 1970 | 1975 |
| 2015–19 | 1972 | 1971 | 1977 |
| 2020–24 | 1976 | 1972 | 1980 |
| Change | +6 | +3 | +6 |
Homes in Fortune Lake are about the same age as the nation's housing: the median home was built in 1976, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | $660 | $833 | $965 |
| 2010–14 | $891 | $886 | $1,040 |
| 2015–19 | $623 | $978 | $1,213 |
| 2020–24 | $917 | $1,228 | $1,571 |
| Change | +$258 | +$395 | +$606 |
The median renter in Fortune Lake pays $917 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 37.9% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Fortune Lake
Bachelor's degrees in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 18.1% | 26.1% | 28.4% |
| 2010–14 | 22.3% | 27.1% | 29.6% |
| 2015–19 | 21.2% | 29.5% | 32.1% |
| 2020–24 | 26.5% | 32.7% | 35.6% |
| Change | +8.4 pts | +6.6 pts | +7.2 pts |
College degrees are less common in Fortune Lake than nationally: 26.5% of adults 25 and older have a bachelor's or higher, against 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 92.4% | 88.3% | 84.9% |
| 2010–14 | 93.0% | 89.3% | 86.1% |
| 2015–19 | 94.1% | 90.7% | 87.7% |
| 2020–24 | 95.4% | 91.8% | 89.3% |
| Change | +3.1 pts | +3.5 pts | +4.3 pts |
High school completion is high in Fortune Lake: 95.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Fortune Lake
| Period | Fortune Lake | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 11.5% | 8.1% |
| 2010–14 | 6.8% | 11.7% | 9.4% |
| 2015–19 | 3.5% | 6.1% | 5.6% |
| 2020–24 | 8.1% | 5.9% | 5.4% |
| Change | +1.1 pts | −5.7 pts | −2.7 pts |
Unemployment in Fortune Lake runs well above the national rate: 8.1% of the labor force was out of work and looking, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Fortune Lake compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Fortune Lake | 1.81 | 62.8 | 2.7% | 5.1% | 36.4% | 1976 | $917 | 26.5% | 95.4% | 8.1% |
| Crystal Falls | 2.00 | 53.8 | 8.6% | 13.0% | 33.7% | 1962 | $997 | 22.4% | 95.8% | 6.7% |
| Alpha | 2.05 | 58.3 | 10.0% | 8.9% | 40.5% | 1971 | $875 | 21.1% | 94.9% | 4.3% |
| Pentoga | 2.13 | 61.1 | 13.1% | 10.9% | 43.7% | 1974 | $2,310 | 21.5% | 96.8% | 1.3% |
| Shafer Location | 2.08 | 58.6 | 10.3% | 8.1% | 41.3% | 1972 | $1,010 | 20.6% | 95.7% | 4.0% |
| Tobin Location | 1.94 | 59.0 | 5.5% | 11.9% | 44.3% | 1974 | $584 | 22.9% | 95.8% | 8.1% |
| Stambaugh | 2.01 | 53.7 | 10.6% | 20.4% | 37.9% | 1959 | $572 | 26.0% | 92.6% | 7.6% |
| Amasa | 1.88 | 57.0 | 10.9% | 7.7% | 53.3% | 1977 | $629 | 22.6% | 95.4% | 5.3% |
| Gaastra | 1.99 | 56.8 | 9.8% | 17.4% | 35.2% | 1968 | $674 | 23.8% | 90.8% | 4.4% |
| Scott Lake | 1.96 | 57.5 | 9.9% | 16.8% | 36.6% | 1969 | $670 | 24.4% | 90.5% | 4.5% |
| Caspian | 2.19 | 51.1 | 8.0% | 19.6% | 28.6% | 1964 | $739 | 21.2% | 92.7% | 3.1% |
All figures 2020–24.
Cities with similar populations: McCance, PA · Louisburg, MN · Lula, MS · Lund, NV · Lynxville, WI · Makoti, ND · Marengo, NY · Margarettsville, NC · Maromas, CT · Maxim, GA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Fortune Lake. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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