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CITY · 2020 ACS

Walloon Lake

Michigan · 271 residents · 1.355 sq mi
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The short version

Walloon Lake has roughly average household income, with a median household income of $70,391. Population has grown 21% since 2019. 46% of adults hold a bachelor's degree or higher. Median home value is $176,800. With a median age of 49.2, the population is older than the US median of 38.8.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 49.2
US median: 38.8
More educated
46% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
271
+21%since 2019
from 224 in 2019
2010 – 2024
Population density
200 / sq mi
+21%since 2019
from 165 / sq mi in 2019
US average: 280
Median age
49.2
−14%since 2019
from 56.9 in 2019
US average: 38.8
Population, 2010 – 2024
207258309359410201020202024Walloon Lake
2024294
201020202024
Section 02

Income & economy

Median household income
$70,391
+5%inflation adjusted, since 2019
from $66,154 in 2019
US average: $66,278
2010 – 2024
Per capita income
$36,203
−13%since 2019
from $41,810 in 2019
US average: $35,364
Households earning $100K+
41.2%
+0.7 ptssince 2019
from 40.5% in 2019
US average: 43.9%
Poverty rate
3.5%
−1.4 ptssince 2019
from 4.9% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade15.6%
US avg: 6.7%
Information14.8%
US avg: 11.1%
Other services5.2%
US avg: 6.6%
Retail trade3.7%
US avg: 10%
Arts, entertainment, food3%
US avg: 2%
Public administration3%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$176,800
+5%inflation adjusted, since 2019
from $166,700 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,028
+2%inflation adjusted, since 2019
from $1,000 in 2019
US average: $1,124
Owner-occupied
79.3%
−6.4 ptssince 2019
from 85.7% in 2019
20.7% rent
Afford Score
2.5
Unchangedsince 2019
from 2.5 in 2019
2010 – 2024
RELATED:See current rent listings in Walloon Lake on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic96.4%(216)
Black0.4%(1)
Hispanic / Latino2.2%(5)
Asian0%(0)
Other0.9%(2)
Diversity Score8.7%(19)
2020
White, non-Hispanic95.9%(260)
Black0%(0)
Hispanic / Latino2.6%(7)
Asian0.7%(2)
Other0.3%(1)
Diversity Score8.9%(24)
Diversity Score
9
+2%since 2019
from 9 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
45.7%
−8.1 ptssince 2019
from 53.8% in 2019
US average: 32.9%
High school or higher
98.4%
+0.9 ptssince 2019
from 97.5% in 2019
US average: 88.5%
Graduate degree
20.4%
−0.2 ptssince 2019
from 20.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.5 min
−6%since 2019
from 17.6 min in 2019
US average: 26.9
Drive alone to work
85.9%
−1.8 ptssince 2019
from 87.7% in 2019
US average: 75.1%
No vehicle available
4.6%
+4.6 ptssince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
55.1%
+1.8 ptssince 2019
from 53.3% in 2019
US average: 63.4%
Management & professional
39.3%
−3.2 ptssince 2019
from 42.5% in 2019
US average: 39.3%
Section 08

People & community

Male
63.2%
+7.9 ptssince 2019
from 55.4% in 2019
Female
36.8%
−7.9 ptssince 2019
from 44.6% in 2019
Foreign born
1.0%
−1.7 ptssince 2019
from 2.7% in 2019
US average: 13.5%
Uninsured
3.5%
−1.9 ptssince 2019
from 5.4% in 2019
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Walloon Lake, Michigan?

Walloon Lake, Michigan has about 271 residents according to the 2020 American Community Survey.

What is the median household income in Walloon Lake, Michigan?

The typical household in Walloon Lake, Michigan earns about $70,391 a year. Half of households make more than that, and half make less.

Is Walloon Lake, Michigan expensive?

In Walloon Lake, Michigan, the median home is worth about $176,800, and the typical rent is about $1,028 a month.

How educated are people in Walloon Lake, Michigan?

About 45.7% of adults age 25 and over in Walloon Lake, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Walloon Lake, Michigan?

About 3.5% of people in Walloon Lake, Michigan live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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