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Walloon Lake, MI

Michigan

Walloon Lake is a small town in Michigan with a population of 258. Residents earn $84,250 per year, which is 12% above the national average.

4.8 /5.0
A+ Excellent
258 Population 190/sq mi density
$84,250 Median Income $68,260 per capita
$260,000 Home Value
$1,307 Median Rent 24.0% income on rent
44°F Avg Temperature 270 sunny days/yr
A+
Overall
4.8 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$84,250 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$260,000 home value, $1,307/mo rent
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher
Median Income $84,250
12% higher than US avg
Home Value $260,000
8% lower than US avg
Bachelor's+ 46.5%
38% higher than US avg
Median Rent $1,307
12% higher than US avg
Obesity Rate 34.2%
7% higher than US avg
Unemployment 1.0%
72% lower than US avg
Poverty Rate 4.3%
65% lower than US avg

How Walloon Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population258
Median Age49.9 yrs
Density190/mi²
Male / Female63% / 37%
Largest GroupWhite 97%
Veterans10.8%

Economy

A+
Median Income$84,250
Per Capita$68,260
Unemployment1.0%
Poverty4.3%
County GDP$2,559M
Commute21 min

Housing

A+
Home Value$260,000
Rent$1,307
OwnershipN/A
Housing Units212
Rent Burden24.0%

Health

Obesity34.2%
Uninsured5.3%
Smoking13.1%
Depression27.6%
Heart Disease4.6%

Climate

Avg Temp44°F (6°C)
AQI38 (Good)
Rain36.6 in/yr
Sunny Days270/yr
Elevation952 ft (290 m)

Education

A+
Bachelor's+46.5%
High School+100.0%
Graduate+11.1%
School Score5.23

Community

2024 VoteR 55% / D 44%
Commute21 min
Broadband93.7%
EV Stations1
Libraries5

Is Walloon Lake a Good Place to Live?

Based on current data, Walloon Lake receives an overall livability score of 4.8 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, abundant sunshine. Walloon Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Walloon Lake is $84,250, 12% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 1.0%. Only 4.3% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 21 minutes.

Cost of Living & Housing

The median home value in Walloon Lake is $260,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,307 per month. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.

Education

Educational attainment is solid, with 46.5% holding a bachelor's degree or higher, near the national average. 100.0% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Walloon Lake has a cool climate with an average annual temperature of 44°F. Winters average 19°F in January while summers reach 67°F in July. With 270 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 36.6 inches, including 120.2 inches of snow. Air quality is rated Good with a median AQI of 38.

Walloon Lake has a population of 258 with a density of 190 people per square mile. The median age is 49.9 years, 28% older than the national median of 38.9. The city is predominantly White (96.5%).

Population

258
Total Population
190
People / sq mi
49.9yrs
Median Age
28% above US avg
1.4mi²
Land Area

Gender Distribution

Male 62.8%
Female 37.2%

Race & Ethnicity

Walloon Lake vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Walloon Lake vs U.S. Average

The median household income in Walloon Lake is $84,250, which is 12% above the national average of $75,149. The unemployment rate is 1.0% (below the 3.6% US average). 4.3% of residents live below the poverty line. Workers commute an average of 21 minutes.

Income: Walloon Lake vs U.S.

Commute Mode

Income

Median HH Income$84,250
12% above US avg
Per Capita Income$68,260
Avg Weekly Wage$1,066
IRS Avg AGI$92,368

Employment & Poverty

Unemployment1.0%
72% below US avg
Poverty Rate4.3%
65% below US avg
Establishments (County)1,558
County GDP$2,559M

Business (County)

Restaurants145
Healthcare188
Retail248
Manufacturing59

Tax & Cost of Living

Property Tax (IRS)$10,226
192% above US avg
Cost of Living96.20 (100=avg)
Effective Tax Rate3.93%

Commute & Transportation

Commute Time21.1 min
Drive Alone79.0%
Public Transit0.0%
Work from Home3.5%

Walkability

The median home value in Walloon Lake is $260,000, 8% below the national average. Monthly rent averages $1,307 (12% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$260,000
8% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,307
12% above US avg
Rent Burden24.0%

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied72.1%
Housing Units212
Median Year Built1975

Property Tax

Avg Tax (IRS)$10,226
192% above US avg
Effective Rate3.93%
In Walloon Lake, 34.2% of adults are obese (above the 32.1% national rate). 5.3% of residents lack health insurance. 13.1% are current smokers. 27.6% report depression. 19.2% are physically inactive.

Health Metrics: Walloon Lake vs U.S. Average (%)

Chronic Conditions

Obesity34.2%
7% above US avg
Diabetes7.8%
Heart Disease4.6%
High Blood Pressure28.5%
Asthma11.5%
COPD6.0%
Cancer8.0%
Stroke2.5%

Behaviors & Mental Health

Smoking13.1%
6% below US avg
Binge Drinking20.1%
Physical Inactivity19.2%
Depression27.6%
Mental Distress18.1%
Physical Distress11.8%
Short Sleep34.4%

Healthcare Access

Insurance Rate98.1%
Uninsured5.3%
38% below US avg
Primary Care1:856
Dentists1:854
Mental Health1:217
Checkup Rate77.5%
Dental Visits72.1%
Premature Death6,730/100K

Food & Exercise

Food Environment7.8/10
Exercise Access76.6%
Healthcare Facilities188
Walloon Lake has an average annual temperature of 44°F (6°C). Winters average 19°F in January while summers reach 67°F in July. Annual precipitation is 36.6 inches. The area enjoys 270 sunny days per year. Air quality is rated Good with a median AQI of 38.

Temperature

19°F Jan (-7°C) 67°F Jul (19°C)
Annual Average43.6°F
19% below US avg
January Average19°F (-7°C)
July Average67°F (19°C)
Sunny Days270 days/yr

Precipitation & Snow

Annual Rainfall36.6 inches
4% below US avg
Snowfall120.2 inches/yr

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation952 ft (290 m)
Area1.4 sq mi (3.5 km²)
Population Density190/sq mi
Coordinates45.2719°N, 84.9412°W
TimezoneAmerica/Detroit
County FIPS26047
It is classified as Nonmetro — Urban 2.5K–20K. 46.5% of residents hold a bachelor's degree or higher (38% above US avg). In the 2024 election, the county voted Republican by a 10.8-point margin. 93.7% of households have broadband internet.

2024 Presidential Election (County)

R 54.6%
D 43.8%

Winner: Republican by 10.8 points

Education

Bachelor's Degree+46.5%
38% above US avg
High School+100.0%
Graduate Degree+11.1%
School Test Score5.23
A+ Education Grade (4.7/5.0)

Urban-Rural Classification

RUCC Code 7Nonmetro — Urban 2.5K–20K
Population Density190/sq mi
Total Area1.4 sq mi

Infrastructure & Services

Broadband Access93.7%
EV Charging Stations1
Alt Fuel Stations1
Public Libraries5
Healthcare Facilities188
Restaurants145
Retail Stores248

Safety & Disasters

Fatal Crashes (County/yr)6

Commute & Transportation

Avg Commute21.1 min
Drive Alone79.0%
Public Transit0.0%
Work from Home3.5%

Nearby Cities

Boyne City, MI 3,829 pop · 5.3 mi Petoskey, MI 5,851 pop · 7.3 mi Harbor Springs, MI 1,015 pop · 11.3 mi East Jordan, MI 1,776 pop · 12.4 mi Charlevoix, MI 2,420 pop · 15.6 mi Indian River, MI 2,210 pop · 19.0 mi Gaylord, MI 4,307 pop · 21.4 mi Lakes of the North, MI 1,076 pop · 23.8 mi Mancelona, MI 1,496 pop · 26.2 mi Cheboygan, MI 4,801 pop · 34.3 mi Elk Rapids, MI 1,558 pop · 34.3 mi Rapid City, MI 1,315 pop · 34.4 mi Kalkaska, MI 2,370 pop · 39.2 mi St. Ignace, MI 2,409 pop · 43.7 mi
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