Last updated: 2024 BLS data · Page refreshed:
Walled Lake has a population of 7,299 with a median age of 40.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,299 |
| Median Age | 40.4 |
| White | 84.8% |
| Black or African American | 3.2% |
| Asian | 9.0% |
| Hispanic or Latino | 3.4% |
The median household income in Walled Lake is $72,055, which is 10.6% below the national median of $80,610. The per capita income is $50,039. The poverty rate is 10.5%.
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In Walled Lake, 95.2% of residents age 25+ have a high school diploma or higher, and 32.6% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 32.6% |
| Graduate or Professional Degree | 7.9% |
The median home value in Walled Lake is $224,200, below the national median of $303,400. The median monthly rent is $1,419. The homeownership rate is 62.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $224,200 |
| Median Monthly Rent | $1,419 |
| Homeownership Rate | 62.2% |
| Vacancy Rate | 4.7% |
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