Michigan · Census place 83060
Walled Lake city, MI
Quick answer
Walled Lake city has 7,275 residents, ranking #140 of 745 places in Michigan. Median household income is $67,335, the median home is worth $213,000 and median gross rent runs $1,304 a month.
- Population
- 7,275Walled Lake city residents
- Median household income
- $67,335Past 12 months, inflation adjusted
- Median home value
- $213,000Owner-occupied units
- Median gross rent
- $1,304Rent plus utilities, monthly
- Median age
- 40.7 yrsAll residents
- Homeownership rate
- 60.5%Owner-occupied households
What the numbers mean in Walled Lake city
Housing cost measured against local earnings.
A household earning the Walled Lake city median would spend about 23.2% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.2% of residents and 60.5% 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.
- Hastings city 7,515
- Iron Mountain city 7,508
- Shields CDP 7,276
- River Rouge city 7,092
- Fair Plain CDP 6,992
- St. Louis city 6,926
- Bridgeport CDP 6,841
Keep going
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