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
Compare with nearby places
Places of similar size in Michigan.
- Fremont city 4,532
- Hancock city 4,510
- Dexter city 4,495
- Vandercook Lake CDP 4,434
- Wayland city 4,430
- Bloomfield Hills city 4,412
- Middleville village 4,327
Keep going
More Michigan coverage.