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Cost & Benefits

Cost of living in Lake Fenton, Michigan

Lake Fenton, Michigan has about 6,417 people. Typical rent is $1,547 a month, including utilities, and a typical household earns $116,352 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.

Ranked #18 in Michigan on the 2026 Most Affordable Towns Index.

Simple answer

Typical rent is $1,547 a month.

Lake Fenton is a Census community, not a separate city government in Michigan. That rent number includes utilities. A typical household earns $116,352 a year.

Is Lake Fenton affordable?See benefits in Lake Fenton
People
6,417
Census average, 2020–2024
Typical rent
$1,547
Median gross rent, includes utilities
Typical pay
$116,352
Median household income, yearly
Typical home
$396,800
Median home value
2-bedroom fair rent
$1,133
Flint, MI MSA
Gas
$4.237
Midwest (PADD 2), week of October 12, 2026

Lake Fenton, Michigan has about 6,417 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $396,800.

HUD's fair-market rent for a 2-bedroom in Genesee County is $1,133 a month. That is the county number, not an apartment listing in Lake Fenton. It runs from October 2026 through September 2027.

In the Flint, MI metro area, prices sit at 93.0 when the U.S. average is 100. That is a 2024 BEA index.

Michigan taxes wages. A typical combined sales tax is 6.0% as of January 1, 2026. That mix is statewide, not Lake Fenton's exact store tax.

Some places in Michigan add a local wage tax. In 2023 the state average was about 0.16% of income. That is not a Lake Fenton bill.

In July 2026, a typical Michigan home paid 23.05¢ per kilowatt-hour. That is a state average from EIA, not Lake Fenton's bill.

EIA does not publish a Michigan gasoline price. For the week of October 12, 2026, the Midwest (PADD 2) all-grades price was $4.237 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,033.76 a year. Those miles are our standard, not a Census figure, and every town in Michigan shares this price.

Among 409 places we list in Michigan with a rent figure, 21 have higher typical rent than Lake Fenton.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near Lake FentonWhat EBT can buy in Michigan

Locator page updated 2026-09-11. Last checked 2026-10-16.

Related guides in Michigan

Bigger places in Michigan

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.