Walled Lake, MI
Population 7,275 · Michigan
About Walled Lake, MI
Walled Lake is a small community in Michigan with a population of 7,275 residents. The median household income is $67,335 per year, which is near the national average. The median age in Walled Lake is 40.7 years.
Housing in Walled Lake has a median home value of $213,000 and median monthly rent of $1,304. Of the 3,583 total housing units, the majority are owner-occupied, with 2,088 owner-occupied and 1,366 renter-occupied units.
The unemployment rate in Walled Lake is 4.7% and the poverty rate is 11.2%. 31.9% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
Cost of Living in Walled Lake, MI
Compared to national averages, Walled Lake has a median household income of $67,335 (10% below the national median of $75,149). Home values average $213,000, which is 13% below the national median. Monthly rent at $1,304 is 12% above the US average of $1,163. Within Michigan, Walled Lake's income is 2% above the state average of $66,017, and home values are 16% above the state median of $183,391.
Why Live in Walled Lake, MI?
Walled Lake offers affordable housing with a median home value of $213,000, below the US average of $244,900, and a low poverty rate of 11.2%, better than the national average, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($67,335) that falls below the national average. However, Walled Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Walled Lake has a population of 7,275 with a median age of 40.7 years. Compare Walled Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Walled Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shields | 7,276 | $83,986 | $173,300 | Compare |
| River Rouge | 7,092 | $32,568 | $55,900 | Compare |
| Iron Mountain | 7,508 | $56,622 | $117,600 | Compare |
| Hastings | 7,515 | $56,309 | $159,000 | Compare |
| Fair Plain | 6,992 | $55,536 | $147,800 | Compare |
| Freeland | 7,562 | $103,431 | $241,400 | Compare |
| Brighton | 7,576 | $81,772 | $302,800 | Compare |
| Albion | 7,608 | $40,040 | $91,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Walled Lake
What is the population of Walled Lake, MI?
The population of Walled Lake, MI is 7,275 according to the latest Census data.
What is the median household income in Walled Lake?
The median household income in Walled Lake, MI is $67,335 per year.
What is the median home value in Walled Lake?
The median home value in Walled Lake, MI is $213,000.
What is the average rent in Walled Lake?
The median monthly rent in Walled Lake, MI is $1,304.
What is the unemployment rate in Walled Lake?
The unemployment rate in Walled Lake, MI is 4.7%.