The following is a US Census snapshot of the 261 people who live in the Village of Bear Lake. (down from 286 in 2010)
In the 5 Year review of the years 2012-2016 this was further broken down:
Median Household Income
Persons in poverty, percent
Persons without health insurance, percent
Total Housing Units
Male Median Income
Female Median Income
Here are some of those figures in greater detail and then we will discuss why this matters. Click on each image to open in a stand alone full page.
177 adults of voting age and above.
51 of those are above retirement age.
23 of us are officially disabled.
43 of us live below the official poverty line
Living at or below the poverty level does not equate to level of education or being unemployed.
There are 24 living veterans.
3 of our veterans live with a disability. Veterans have @$6000 less annual income.
There are 193 housing units – 90 vacant
Approximately 24 are seasonal non resident homes.
We live modestly in modest value homes. Residents demonstrate an evident pride in ownership.
And for those who rent their homes they pay an even greater proportion of their income.
Why should you care? Why should our elected officials care?
A greater awareness of who lives in the Village of Bear Lake would hopefully result in more fiscally responsible, more compassionate, more sustainable financial decisions.
In the following articles we will examine recent financial actions which will impact all current residents for the next 40 years.
To put this in perspective – the 97 children and people aged 25 will still be paying on the debt just incurred by the current Village Council when most of them retire.
There are consequences for the decision which changed the due date for Village Property Taxes from February to September, when Township Property Taxes are also due. The rationale may have been to provide Village Revenue earlier but in practice more people are now delinquent from necessity – or choice.