Walloon Lake, MI population, income and ZIP codes

Walloon Lake CDP is a very small community in Michigan, with 258 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #650 of 745 ranked by population — larger than 12% of them. The median age here is 49.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Walloon Lake CDP earn a median of $84,250 a year, 7.3% above the national figure of $78,538 and 37% above the $61,715 median for the 438 Michigan cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 3.1% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Walloon Lake CDP is valued at $260,000, 14.3% below the national figure and 57% above the $166,100 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 72.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

With 258 residents, a handful of survey responses moves every median on this page. Compare Walloon Lake CDP against its county rather than against national figures.

The Census withheld gross rent for Walloon Lake CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.