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Walloon Lake, MI
Full City Profile · Michigan · Emmet County County
3.8
/5.0
B+
Good
258
Population
190/sq mi density
$84,250
Median Income
$68,260 per capita
$260,000
Home Value
$392,643 Zillow
44°F
Avg Temperature
270 sunny days/yr
106
Violent Crime/100K
1,273 property/100K
B+
Overall
3.8 / 5.0
Good 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, /mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher
Income Overview
Median Household Income
$84,250
12% above
US avg: $75,149
Per Capita Income
$68,260
75% above
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%
Income Comparison: Walloon Lake vs. U.S. Average
Each bar shows Walloon Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$84,250
112%
Per Capita
US: $39,052
$68,260
175%
IRS Avg AGI
US: $72,000
$92,368
128%
Avg Weekly Wage
US: $1,432
$1,066
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,066
26% below US avg ($1,432)
Mean Commute Time
21 min
24% below US avg (28 min)
Work From Home
3.5%
77% below US avg (15.2%)
Drive Alone
79.0%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,559M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79%
Public Transit
0%
Work From Home
3.5%
Other
17.5%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,558
Restaurants
145
Healthcare
188
Retail
248
Manufacturing
59
Tax & Financial
IRS Avg Adjusted Gross Income
$92,368
28% above US avg ($72,000)
Avg Property Tax
$10,226
192% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $84,250 |
| Per Capita Income | $68,260 |
| IRS Avg Adjusted Gross Income | $92,368 |
| Avg Weekly Wage | $1,066 |
| County GDP | $2,559M |
Hardship Indicators
| Unemployment Rate | 1.0% |
| Poverty Rate | 4.3% |
| Gini Coefficient | 0.463 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 79.0% |
| Public Transit | 0.0% |
| Work From Home | 3.5% |
Businesses
| Total Establishments | 1,558 |
| Restaurants | 145 |
| Healthcare | 188 |
| Retail | 248 |
| Manufacturing | 59 |
Tax
| IRS Avg AGI | $92,368 |
| Avg Property Tax | $10,226 |