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Michigan · Census place 88260

Wolverine Lake village, MI

Quick answer

Wolverine Lake village has 4,476 residents, ranking #192 of 745 places in Michigan. Median household income is $88,423, the median home is worth $270,400 and median gross rent runs $1,678 a month.

Population
4,476Wolverine Lake village residents
Median household income
$88,423Past 12 months, inflation adjusted
Median home value
$270,400Owner-occupied units
Median gross rent
$1,678Rent plus utilities, monthly
Median age
43.9 yrsAll residents
Homeownership rate
74.6%Owner-occupied households

What the numbers mean in Wolverine Lake village

Housing cost measured against local earnings.

A household earning the Wolverine Lake village median would spend about 22.8% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 74.6% of households own their home.

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

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