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.
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 (25.57%), sales jobs (10.31%), and teaching (9.16%).
Also of interest is that Beaver Island has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 22.89% 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.
Another notable thing is that Beaver Island is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Beaver Island’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
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.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Beaver Island is worth considering.
Compared to the rest of the country, citizens of Beaver Island spend much less time in their cars: on average, their commute to work is only 12.66 minutes. This also means that noise and pollution levels in the town are less than they would otherwise be.
As is often the case in a small town, Beaver Island doesn't have a public transportation system that people use for their commute.
The education level of Beaver Island ranks among the highest in the nation. Of the 25-and-older adult population in Beaver Island, 49.36% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Beaver Island in 2022 was $47,842, which is wealthy relative to Michigan and the nation. This equates to an annual income of $191,368 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 Asian. Important ancestries of people in Beaver Island include Irish, German, English, Polish, and Scottish.
The most common language spoken in Beaver Island is English. Other important languages spoken here include Polish and Italian.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to Ä¢¹½ÊÓÆµ's exclusive exploration and analysis.
Despite all of the residential real estate here in the neighborhood, Ä¢¹½ÊÓÆµ 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 59.8%, which is higher than 99.4% 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 Ä¢¹½ÊÓÆµ'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 Ä¢¹½ÊÓÆµ'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.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 74.0% 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 Ä¢¹½ÊÓÆµ found in 99.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.
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 Ä¢¹½ÊÓÆµ'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 98.9% of neighborhoods in MI. If a Michigan retirement is in your future, this neighborhood should be one of the places you visit.
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, 31.1% of this neighborhood's residents have Irish ancestry and 2.8% 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.
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. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 43.0% of the neighborhoods in America. With 22.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.4% of U.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, 51.1% 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 22.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.6%), and 10.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 99.0% of households. Some people also speak Polish (6.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Beaver Island, MI, residents most commonly identify their ethnicity or ancestry as Irish (31.1%). There are also a number of people of German ancestry (20.6%), and residents who report English roots (19.9%), and some of the residents are also of Polish ancestry (7.2%), along with some Scottish ancestry residents (5.2%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (74.0% of working residents), one of the shortest commutes across America.
Here most residents (68.7%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.