Beaver Island, MI demographics:
population, income, and more
Beaver Island population
How many people live in Beaver Island
Beaver Island is home to 731 residents, according to the most recent Census data. Gender-wise, 48.4% of Beaver Island locals are male, and 51.7% are female.
Age demographics
The median age in Beaver Island is 63, with the population distributed as follows: about 13.5% are children under 15, then 3.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 13.4% of the population, while another 23.1% fall into the 45 to 64 bracket. Finally, around 46.3% are 65 or older.
Racial makeup
In Beaver Island, 93% of the population are US-born citizens, while 1.4% have gained naturalized citizenship. At the same time, 5.6% of residents are non-citizens. There’s also a share of 4.9% that includes residents with two or more races.
Households in Beaver Island
A peek inside Beaver Island households
Beaver Island has 369 households, with an average of 2 members in each. Of these, 64.5% are families, while the remaining 35.5% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Beaver Island
The housing landscape of Beaver Island
Beaver Island's housing consists of 960 units, with 94.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.2% of the housing landscape.
The age of buildings in Beaver Island
In Beaver Island, the median construction year is 1983. About 7.3% of homes were built before the 1940s, with another 3.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 11.3% of homes were added from 2000 to 2009, 5% between 2010 and 2019, and 0.2% are part of the newest wave of development.
Beaver Island occupancy rates
Out of the 369 occupied housing units in Beaver Island, 93% are owner-occupied, while 7% are lived in by tenants. Meanwhile, 61.6% of all homes on the local market sit vacant.
Beaver Island housing costs
Housing costs in Beaver Island come to a median of $962 per month, while tenants specifically pay a median gross rent of $875.
Education in Beaver Island
Beaver Island education at a glance
About 19.1% of the population in Beaver Island went to high school, while 23% pursued college studies. Another 7% earned an associate degree and 25.1% hold a bachelor’s. Meanwhile, 25.4% went even further, earning a master’s or doctorate.
Income in Beaver Island
How much people earn in Beaver Island
The average annual household income in Beaver Island was $96,566 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.5% change from the previous year. At the same time, the median income stood at $75,938, reflecting a +8.5% shift over the same period.
Beaver Island income by age
In Beaver Island, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $86,875. Those with someone between 45 and 64 in charge, often well established professionally, earn $86,875 overall. Overall, 90.6% of the locals in this community live above the poverty line.
Employment in Beaver Island
Workforce and job types in Beaver Island
75.2% of the working population are employed in professional or administrative positions, while 24.8% are in hands-on or service-based jobs. Also, 35.8% run their own businesses, 40.6% are employed by private companies, and 18.9% work in the public sector.
Workforce demographics
Transportation in Beaver Island
How people get around in Beaver Island
Commuting methods vary: 98.8% of residents travel by personal vehicle and 1.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Beaver Island by zipcode?
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FAQs about Beaver Island demographics
What is the total population of Beaver Island?
What is the gender ratio in Beaver Island?
- 48.4% males (354 residents)
- 51.7% females (378 residents)
What is the median age in Beaver Island?
What is the age distribution of the population in Beaver Island?
- Under 15: 13.5% (99 residents)
- Ages 15-24: 3.7% (27 residents)
- Ages 25-44: 13.4% (98 residents)
- Ages 45-64: 23.1% (169 residents)
- Over 65: 46.3% (339 residents)
What is the racial and ethnic makeup of Beaver Island?
- White: 90.3% (660 residents)
- Black or African American: 0% ( residents)
- American Indian and Alaska Native: 0.8% (6 residents)
- Asian: 0.7% (5 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 4.9% (36 residents)
- Other: 3.3% (24 residents)
What percentage of the population in Beaver Island are U.S.-born citizens?
How many housing units are there in Beaver Island?
How many households are in Beaver Island and what is the average household size?
What is the median household income in Beaver Island?
What is the job market overview for Beaver Island?
Job types:
- White-collar workers: 75.2% (191 residents)
- Blue-collar workers: 24.8% (63 residents)
Places of employment:
- Self-employed: 35.8% (91 residents)
- Private companies: 40.6% (103 residents)
- Governmental workers: 18.9% (48 residents)
- Not-for-profit companies: 4.7% (12 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.