What is the median home price in Walled Lake?

The median home price in Walled Lake, Walled Lake city, Michigan is $192,800, which is 32% below the national average of 281,900 ($281,900).

Walled Lake, Walled Lake city, Michigan has a violent crime rate of 2.1 per 1,000 residents, which is 42% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.2 per 1,000 residents.

What is the Walk Score for Walled Lake?

Walled Lake, Walled Lake city, Michigan has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 25/100.

What is the median household income in Walled Lake?

The median household income in Walled Lake, Walled Lake city, Michigan is $65,031, which is 13% below the national average of 74,580 ($74,580).

What is the average rent in Walled Lake?

The median rent in Walled Lake, Walled Lake city, Michigan is $1,237 per month. The national average median rent is $1,163/month.

What is the air quality in Walled Lake?

Walled Lake, Walled Lake city, Michigan has an Air Quality Index (AQI) of 41, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Walled Lake?

The population of Walled Lake, Walled Lake city, Michigan is approximately 7,262. The homeownership rate is 58.9% (national average: 65.9%).

What are the climate risks in Walled Lake?

Walled Lake, Walled Lake city, Michigan has an overall climate risk rating of "Relatively Moderate" with a risk score of 68.22. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Walled Lake?

The unemployment rate in Walled Lake, Walled Lake city, Michigan is 2.4%. The national average unemployment rate is 3.7%. The poverty rate is 9.8% (national average: 12.4%).

Walled Lake

Walled Lake city, Michigan

Affordable

About Walled Lake

Walled Lake, Michigan, offers a refreshing escape from the hustle and bustle, a place where affordability meets a relaxed lifestyle. Imagine lakeside living without the exorbitant price tag; here, the median home value hovers around a comfortable $192,800, significantly below the national average. This is a community where neighbors know each other and the pace of life allows you to savor each moment. With a population of just over 7,200, Walled Lake maintains a close-knit feel, perfect for families and individuals seeking a welcoming atmosphere. It's a place where you can unwind, enjoy the natural beauty, and still be connected to the wider world.

From an investment perspective, Walled Lake presents a compelling case. While the median household income of $65,031 is slightly below the national average, the lower cost of living makes this a very attractive proposition. The housing market offers a solid return on investment, and the area's reputation for safety and quality of life continues to draw new residents. Walled Lake is ideally suited for those seeking an affordable entry point into the real estate market or for those looking to downsize without sacrificing lifestyle. Its charm and practicality make it a smart choice for anyone seeking a blend of comfort, convenience, and community.

Walled Lake, Michigan at a Glance

Walled Lake is a city in Walled Lake city, Michigan with a population of approximately 7,262. The median home value is $192,800 and the median household income is $65,031. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.1 per 1,000 residents, which is 42% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,237 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.