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AREA INFORMATION

Walloon Lake, MI

Explore the real estate in Walloon Lake, MI

Area Highlights

Walloon Lake, MI residents have a median age of 43.4 years old, with employment highest in the food and sales industries.

280 Population

The population has increased by 3.3% since the year 2010.

118 Households

$75,000 /yr
Median Household Income

23m 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

43.4 Median Age

Average Household Size

2.4
persons per
household

55.9%

Married Households

Community Population By Education

Bachelors Degree 26%
High School Graduate 25%
Some College 24%
Graduate Degree 12%
Associates Degree 11%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 25.62% 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)
34.8% of households have children

Economics

$75,000 /yr
Median Household Income
$0
Median Sales Price
23 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 $75-99,999k representing 23.73% of the households.

Transportation to Work

  • Drive 93%
  • Work from Home 6%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 103 56%
Vacant 65 36%
Rented 15 8%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 43.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 1%
Native American 1%
Asian <1%
Other <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 1%, Native American at 1%, 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

82° July
Hottest Average Month
11° February
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
13°
27°
Feb
11°
29°
Mar
19°
40°
Apr
31°
55°
May
41°
68°
Jun
51°
77°
Jul
56°
82°
Aug
55°
79°
Sep
48°
71°
Oct
39°
59°
Nov
29°
44°
Dec
19°
32°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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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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