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AREA INFORMATION

Lake Orion, MI

Explore the real estate in Lake Orion, MI

Area Highlights

Lake Orion, MI residents have a median age of 43.8 years old, with employment highest in the production occupations and installation, maintenance, repair industries.

2,819 Population

1,193 Households

$106,364 /yr
Median Household Income

$630,000
Median Home Sale Price

28m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

43.8 Median Age

Average Household Size

2.3
persons per
household

47.8%

Married Households

Community Population By Education

Bachelors Degree 28%
Some College 25%
High School Graduate 17%
Graduate Degree 16%
Associates Degree 8%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.4% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.9% of households have children

Economics

$106,364 /yr
Median Household Income
$630,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 18.94% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 12%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 892 66%
Rented 301 22%
Vacant 149 11%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 43.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 75-84 years age range.

Community Population By Ethnicity

White 88%
Hispanic 6%
Other 2%
Asian 1%
Black 1%
Native American <1%
The most prevalent ethnicity is White at 88%, followed by Hispanic at 6%, Other at 2%, and Asian at 1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
16° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
30°
Feb
16°
32°
Mar
25°
43°
Apr
36°
57°
May
46°
69°
Jun
56°
78°
Jul
60°
83°
Aug
59°
81°
Sep
52°
73°
Oct
41°
61°
Nov
31°
46°
Dec
21°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$325,000
For sale
0.8 acres

000 HIDDEN TIMBER Drive
Lake Orion, MI 48359

$99,000
For sale
1 acres

1 Pinery Court
Lake Orion, MI 48362

$150,000
For sale
5.49 acres

00 Coats
Orion Twp, MI 48362

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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