Hubbard Lake is an unincorporated community and census-designated place in Alcona County in the U.S. state of Michigan. The population was 857 at the 2020 census. Hubbard Lake occupies portions of Alcona, Caledonia, and Hawes township. The CDP surrounds Hubbard Lake and also includes the unincorporated communities of Backus Beach and Larson Beach.