What percentage of people rent in Walled Lake, MI?

Name: Renters and owners in Walled Lake, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

37.8% (±5.7 points) of the occupied homes in Walled Lake, MI are rented (2020–2024 American Community Survey).

That is 1,252 renting households against 2,061 that own their home.

In Walled Lake, the share of households that rent went from 45.2% in 2015–2019 to 37.8% in 2020–2024 (−7.4 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 37.8% (±5.7 points)
Renting households: 1,252 (±187)
Median renter income: $52,778 (±$16,614)

Who rents and who owns in Walled Lake

Tenure, estimate (90% margin of error)
	Walled Lake	Oakland County	Michigan	United States
Renter-occupied share	37.8% (±5.7 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	1,252 (±187)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	2,061 (±256)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	2.1 (±0.3)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.3 (±0.2)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$52,778 (±$16,614)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$93,025 (±$8,772)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Walled Lake, the renter share is higher than in Oakland County (27.3%).

It is also higher than in Michigan (26.8%).

It is not measurably different from the national figure (34.8%).

In Oakland County, Walled Lake ranks 9 of 50 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 114 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Walled Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	45.2% (±4.3 points)	37.8% (±5.7 points)	−7.4 percentage points	Measurable decrease
Median gross rent	$1,037 (±$34)	$1,419 (±$183)	+36.8%	No measurable change after inflation
Median household income	$52,313 (±$4,936)	$72,055 (±$10,108)	+37.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Walled Lake

Nearest places with a published estimate, compared with Walled Lake
Place	Distance	Households that rent	Compared with this place
Walled Lake	—	37.8% (±5.7 points)	—
Wolverine Lake	1.3 mi	23.6% (±5.1 points)	Lower
Commerce Charter Township	2.8 mi	11.8% (±2.0 points)	Lower
Wixom	3.0 mi	57.5% (±2.5 points)	Higher
Novi	4.1 mi	33.7% (±2.3 points)	Not measurably different
West Bloomfield Charter Township	4.9 mi	16.4% (±1.8 points)	Lower
Novi Township	5.6 mi	1.2% (±2.9 points)	Lower
Farmington Hills	6.1 mi	35.3% (±2.1 points)	Not measurably different
Orchard Lake Village	6.3 mi	3.0% (±2.3 points)	Lower

Nearby places with a measurably lower figure: Wolverine Lake, MI (23.6%), Commerce Charter Township, MI (11.8%), West Bloomfield Charter Township, MI (16.4%).

Nearby places with a measurably higher figure: Wixom, MI (57.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Oakland County, place by place

Rank	Place	Households that rent
3	Pontiac	53.4% (±3.1 points)
4	Auburn Hills	48.7% (±3.0 points)
5	Southfield	46.6% (±2.1 points)
6	Village of Clarkston	40.2% (±7.6 points)
7	Keego Harbor	39.6% (±10.4 points)
8	Farmington	38.3% (±4.5 points)
9	Walled Lake	37.8% (±5.7 points)
10	Oak Park	36.7% (±4.1 points)
11	Farmington Hills	35.3% (±2.1 points)
12	Madison Heights	35.2% (±3.8 points)
13	Hazel Park	33.9% (±4.9 points)
14	Novi	33.7% (±2.3 points)
15	Ferndale	33.4% (±3.5 points)

Showing 13 of 50 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Walled Lake

How many renters are there in Walled Lake?

Walled Lake has an estimated 1,252 (±187) renting households, 37.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Walled Lake?

In Walled Lake, the share of households that rent went from 45.2% in 2015–2019 to 37.8% in 2020–2024 (−7.4 percentage points), a measurable decrease.

How big are renting households in Walled Lake?

A renting household in Walled Lake has 2.1 people on average, against 2.3 in an owned home.

How much do renters earn in Walled Lake?

The median renting household in Walled Lake, MI has an income of $52,778 (±$16,614) a year, against $93,025 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Walled Lake city, Michigan (place:83060, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.