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Beaver Island, MI

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Beaver Island is a tiny town located in the state of Michigan. With a population of 527 people and just one neighborhood, Beaver Island is the 559th largest community in Michigan.

Beaver Island real estate is some of the most expensive in Michigan, although Beaver Island house values don't compare to the most expensive real estate in the U.S.

Occupations and Workforce

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Beaver Island is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Beaver Island is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Beaver Island who work in management occupations (23.38%), teaching (9.95%), and sales jobs (8.96%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.13% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Another notable thing is that Beaver Island is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.

Because of many things, Beaver Island is a great place for families with children to consider. First of all, many other families with children live here, making Beaver Island a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Beaver Island has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Beaver Island’s overall crime rate is lower than average for the country.

The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Beaver Island has relatively fewer families with younger children, and/or college students. Combined, this makes Beaver Island a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

Residents of the town have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 12.03 minutes getting to work every day.

Beaver Island is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The citizens of Beaver Island are among the most well-educated in the nation: 47.79% of adults in Beaver Island have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in Beaver Island in 2022 was $46,378, which is wealthy relative to Michigan and the nation. This equates to an annual income of $185,512 for a family of four. However, Beaver Island contains both very wealthy and poor people as well.

The people who call Beaver Island home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Beaver Island residents report their race to be White, followed by Native American. Important ancestries of people in Beaver Island include Irish, English, German, Polish, and Scottish.

The most common language spoken in Beaver Island is English. Other important languages spoken here include Polish and Italian.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 64.8%, which is higher than 99.5% of all U.S. neighborhoods.

In addition, unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 97.7% of the neighborhoods in America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 75.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

If you are planning to retire in Michigan, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Michigan, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.1% of neighborhoods in MI. If a Michigan retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the neighborhood has more Irish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.0% of this neighborhood's residents have Irish ancestry and 3.2% have Welsh ancestry.

is also pretty special linguistically. Significantly, 6.9% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 96.1% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Beaver Island are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.1% of the neighborhoods in America. In addition, 9.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 51.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.4%), and 12.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 99.7% of households. Some people also speak Polish (6.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Beaver Island, MI, residents most commonly identify their ethnicity or ancestry as Irish (28.0%). There are also a number of people of English ancestry (21.0%), and residents who report German roots (20.1%), and some of the residents are also of Polish ancestry (6.4%), along with some Scottish ancestry residents (4.1%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (75.0% of working residents), one of the shortest commutes across America.

Here most residents (74.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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