Lake Fenton vs Dearborn
| Lake Fenton | Dearborn | |
|---|---|---|
| Population | 6,316 | 108,414 |
| Median Household Income | $116,352 | $65,324 |
| Median Home Value | $396,800 | $218,800 |
| Median Gross Rent | $1,547/mo | $1,327/mo |
| Homeownership Rate | 87.4% | 68.4% |
| Unemployment Rate | 4.5% | 6.6% |
| Bachelor's Degree or Higher | 48.0% | 34.6% |
| Median Age | 50.0 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.