As of the census of 2010, there were 268 people, 118 households, and 76 families residing in the village. The population density was. There were 174 housing units at an average density of. The racial makeup of the village was 95.1% White, 0.4% African American, 1.5% Native American, 0.4% from other races, and 2.6% from two or more races. Hispanic or Latino of any race were 0.4% of the population. There were 118 households, of which 22.0% had children under the age of 18 living with them, 59.3% were married couplesliving together, 4.2% had a female householder with no husband present, 0.8% had a male householder with no wife present, and 35.6% were non-families. 30.5% of all households were made up of individuals, and 7.6% had someone living alone who was 65 years of age or older. The average household size was 2.27 and the average family size was 2.80. The median age in the village was 48.2 years. 16.8% of residents were under the age of 18; 7.8% were between the ages of 18 and 24; 18.7% were from 25 to 44; 38% were from 45 to 64; and 18.7% were 65 years of age or older. The gender makeup of the village was 48.1% male and 51.9% female.
2000 census
As of the census of 2000, there were 276 people, 113 households, and 81 families residing in the village. The population density was 632.9 per square mile. There were 174 housing units at an average density of 399.0 per square mile. The racial makeup of the village was 97.46% White, 0.72% Native American, 0.36% Asian, 0.36% from other races, and 1.09% from two or more races. Hispanic or Latino of any race were 1.81% of the population. There were 113 households, out of which 24.8% had children under the age of 18 living with them, 60.2% were married couples living together, 9.7% had a female householder with no husband present, and 28.3% were non-families. 22.1% of all households were made up of individuals, and 9.7% had someone living alone who was 65 years of age or older. The average household size was 2.44 and the average family size was 2.84. In the village, the population was spread out, with 20.7% under the age of 18, 9.1% from 18 to 24, 26.8% from 25 to 44, 23.9% from 45 to 64, and 19.6% who were 65 years of age or older. The median age was 42 years. For every 100 females, there were 91.7 males. For every 100 females age 18 and over, there were 92.1 males. The median income for a household in the village was $42,917, and the median income for a family was $46,944. Males had a median income of $31,563 versus $19,583 for females. The per capita income for the village was $17,387. None of the families and 4.8% of the population were living below the poverty line, including no under eighteens and 8.0% of those over 64.
History
Lake Ann was named for Addison Patridge Wheelock's wife, Ann Wheelock. The Wheelock's were an early pioneering family of Lake Ann and Traverse City, Michigan.
Lake Ann has a golf course, Mistwood Golf Course. Platte River flows through Lake Ann, emptying into Platte Bay of Lake Michigan. Nearby entertainment is found at the Interlochen Arts Center with shows throughout the year put on by the students of the Interlochen Arts Academy students, national and international acts.
Lodging
Area lodging includes Sleeping Bear Resort, Roelofs Resort and Paradise Hollow Resort. A Christian summer camp is named Lake Ann Camp and Retreat where attendees lodge.