There are limited manufacturing facilities in the industrial park area just northwest of the Village of Fife Lake. The area would be considered rural Michigan with a 2000 census population of 1,547 residents within the township. The local economy is dependent mostly on recreational activities. Also within the township are several large tracts of state forest land providing the area with many recreational opportunities in all four seasons from skiing & ice fishing to swimming and hiking. Camp Pugsley, a state correctional facility lies in the southwest corner of the township along Walton Road. Within the township are found the Village of Fife Lake which was incorporated in 1889 near the intersection of Highway 131 and M-186 an unincorporated community known as Walton Junction so named after the junction of two railroad lines in that area near the intersection of M-113 and Highway 131. Pickerel, bass, walleye and other fish are found in great numbers within the lake.
It is a beautiful body of water containing two islands, one with a home and the other a private campsite. The body of water known as Fife Lake is approximately one and a half miles in diameter. The area of Fife Lake Township encompasses 36 square miles of which 34.4 sq. In fact, the SE corner of Fife Lake Township is the SE corner of Grand Traverse County and lies adjacent to the adjoining counties of Kalkaska to the east, Missaukee to the southeast and Wexford to the south. The waters of Fife Lake run over the county line with only a small portion of it on the east end of the lake being in Kalkaska County. The township lies in the southeast corner of Grand Traverse County with Grand Traverse County being in the Northwest corner of the lower peninsula of Michigan. The township incorporates the waters of Fife Lake, on the south and west side of the village of Fife Lake.
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