Lake Odessa is a village in Ionia County of the U.S. state of Michigan. As of the 2000 census, the village had a total population of 2,272. It is located in the southern portion of the county in Odessa Township near the boundary with Eaton County.
According to the United States Census Bureau, the village has a total area of 2.1 km2 (0.8 mi2). 2.1 km2 (0.8 mi2) of it is land and none of it is covered by water.
As of the census2 of 2000, there are 2,272 people, 892 households, and 600 families residing in the village. The population density is 1,069.8/km2 (2,767.8/mi2). There are 977 housing units at an average density of 460.0/km2 (1,190.2/mi2). The racial makeup of the village is 95.16% White, 0.13% African American, 0.66% Native American, 0.57% Asian, 0.00% Pacific Islander, 2.77% from other races, and 0.70% from two or more races. 6.07% of the population are Hispanic or Latino of any race.
There are 892 households out of which 36.3% have children under the age of 18 living with them, 47.8% are married couples living together, 14.5% have a female householder with no husband present, and 32.7% are non-families. 28.3% of all households are made up of individuals and 13.9% have someone living alone who is 65 years of age or older. The average household size is 2.54 and the average family size is 3.08.
In the village the population is spread out with 30.5% under the age of 18, 8.7% from 18 to 24, 27.2% from 25 to 44, 19.9% from 45 to 64, and 13.7% who are 65 years of age or older. The median age is 33 years. For every 100 females there are 84.0 males. For every 100 females age 18 and over, there are 81.6 males.
The median income for a household in the village is $34,896, and the median income for a family is $41,379. Males have a median income of $32,961 versus $25,787 for females. The per capita income for the village is $19,822. 8.8% of the population and 5.5% of families are below the poverty line. Out of the total population, 6.8% of those under the age of 18 and 7.0% of those 65 and older are living below the poverty line.
Several brothers in the Russell family began settling here around 1839 and it became known as the "Russell Settlement". It later became known as "Bonanza" and a Post Office with that name was established in 1880. When the Detroit, Lansing and Northern Railroad (later the Pere Marquette Railroad) was built through the area in the 1880s, the village was moved about a mile southwest. At that time the name was changed to "Lake Odessa", derived from the nearby Lake Jordan and the name of Odessa Township, which had been established in 1846. The township had been named for the city of Odessa in Russia, reflecting an interest of one of the founders in Russia as well as a desire for a distinctive name. Investory Humphrey Wager purchased 80 acres of farmland on Lake Jordan and platted the village in 1887. With the advantage of a station on the new railroad, the new village quickly eclipsed the former settlement at Bonanza. The village incorporated in 1889.