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Wolverine Lake, MI
Full City Profile · Michigan · Oakland County County
Wolverine Lake, MI
At a Glance
How Wolverine Lake Compares to the U.S. Average
Each bar shows Wolverine Lake's value as a percentage of the national average (100% = U.S. avg)
Is Wolverine Lake a Good Place to Live?
Economy & Jobs
Wolverine Lake residents earn a median household income of $88,423 , which is 18% above the national average of $75,149. Per capita income is $48,917. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 3.1% of residents live below the poverty line. The area is home to 43,047 business establishments, including 3,099 restaurants.
Housing & Cost of Living
The median home value in Wolverine Lake is $270,400 , 4% below the national median of $281,900. Zillow estimates the typical home at $236,575. Median rent is $1,678/month, with 38.6% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1971.
Safety & Crime
Wolverine Lake reports 21 violent crimes per 100,000 residents , which is 95% below the national average of 380/100K. Property crime is 311/100K. The murder rate is 0.0/100K.
Education
37.9% of adults in Wolverine Lake hold a bachelor's degree or higher (12% above the national average). 93.2% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Wolverine Lake has an average annual temperature of 48°F (9°C). Winters average 24°F in January while summers reach 72°F in July. The area gets 291 sunny days per year. Annual precipitation totals 29.2 inches. Air quality is rated Good with a median AQI of 38.