Skip to content
ZipNumbers

Michigan · Census place 44940

Lake Orion village, MI

Quick answer

Lake Orion village has 2,873 residents, ranking #242 of 745 places in Michigan. Median household income is $98,871, the median home is worth $346,700 and median gross rent runs $757 a month.

Population
2,873Lake Orion village residents
Median household income
$98,871Past 12 months, inflation adjusted
Median home value
$346,700Owner-occupied units
Median gross rent
$757Rent plus utilities, monthly
Median age
43.8 yrsAll residents
Homeownership rate
73.6%Owner-occupied households

What the numbers mean in Lake Orion village

Housing cost measured against local earnings.

A household earning the Lake Orion village median would spend about 9.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.4% of residents and 73.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Michigan.

More Michigan coverage.