Housing data for Wolverine Lake, MI
Wolverine Lake, MI has an estimated 4,487 residents and 1,996 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Oakland County.
23.6% of households rent.
The median gross rent is $2,051 a month.
Its population shrank measurably since 2015–2019 (−3.5%).
Figures last updated on .
- Residents
- 4,487 (±20)
- Housing units
- 1,996 (±138)
- Households that rent
- 23.6%
- Median gross rent
- $2,051
- Residents since 2015–2019
- −3.5%
What stands out in Wolverine Lake
Median gross rent: $2,051 (±$367) in Wolverine Lake, higher than in Oakland County ($1,376).
Rental vacancy rate: 0.0% (±6.5 points) in Wolverine Lake, lower than in Oakland County (7.4%).
Working from home: 14.6% (±5.2 points) in Wolverine Lake, lower than in Oakland County (20.2%).
Median home value: $288,000 (±$20,081) in Wolverine Lake, lower than in Oakland County ($343,600).
Housing in Wolverine Lake at a glance
- Median rent: $2,051 median gross rent a month
- Rent by bedrooms: $2,122 median gross rent, 2 bedrooms
- Rent burden: 62.8% of renters pay 30% or more of income
- Renters and owners: 23.6% of households rent
- Income and affordability: $92,247 median household income
- Home values: $288,000 median home value
- Homeowner costs: $1,668 median monthly cost with a mortgage
- Property taxes: $3,855 median real estate taxes a year
- Types of homes: 18.0% of homes are in buildings of 5 or more units
- Bedrooms: 69.8% of homes have 3 or more bedrooms
- Age of homes: 60.0% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 88.9% heat with utility gas
- Commute and cars: 23.8 minutes average trip to work
- Crime reported to police: 22 violent crimes per 100,000 residents
- Growth: −3.5% residents since 2015–2019
- How long people stay: 24.3% moved in since 2020
- Crowding and facilities: 1.5% of homes have more than 1 person per room (Small sample: wide margin of error)
Wolverine Lake against Oakland County, its state and the nation
| Wolverine Lake | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 4,487 (±20) | 1,279,825 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 1,996 (±138) | 561,348 (±263) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 23.6% (±5.1 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $2,051 (±$367) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
| Median household income | $92,247 (±$8,604) | $97,760 (±$1,268) | $72,875 (±$293) | $80,734 |
| Median home value | $288,000 (±$20,081) | $343,600 (±$2,730) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $3,855 (±$370) | $4,371 (±$39) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 60.0% (±9.6 points) | 58.1% (±0.7 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 23.8 minutes (±2.1) | 25.8 minutes (±0.2) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.1% (±3.7 points) | 94.2% (±0.3 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 41.7 years (±2.1) | 41.3 years (±0.1) | 40.2 years (±0.1) | 38.9 years |
Wolverine Lake covers 1.3 square miles of land, about 3,567 residents per square mile (Census Bureau Gazetteer).
How Wolverine Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,648 (±21) | 4,487 (±20) | −3.5% | Measurable decrease |
| Housing units | 2,034 (±126) | 1,996 (±138) | −1.9% | Not a measurable change |
| Median gross rent | $988 (±$268) | $2,051 (±$367) | +107.6% | Up after inflation |
| Median home value | $197,000 (±$17,704) | $288,000 (±$20,081) | +46.2% | Up after inflation |
| Median household income | $85,019 (±$13,238) | $92,247 (±$8,604) | +8.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,387 (±$53) | $1,668 (±$96) | +20.3% | No measurable change after inflation |
| Median real estate taxes | $3,416 (±$266) | $3,855 (±$370) | +12.9% | No measurable change after inflation |
| Households that rent | 27.8% (±6.9 points) | 23.6% (±5.1 points) | −4.2 percentage points | Not a measurable change |
| Rental vacancy rate | 4.2% (±6.6 points) | 0.0% (±6.5 points) | −4.2 percentage points | Not a measurable change |
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.
Crime reported to police in Wolverine Lake
In 2025, the Wolverine Lake Police Department reported 22 violent and 289 property crimes per 100,000 residents to the FBI.
Across Oakland County, the departments that report recorded 178 violent and 789 property crimes per 100,000 residents that year.
ZIP codes in Wolverine Lake
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 48390 | 10% | 23,939 | $1,690 | $309,400 | $91,381 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Wolverine Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Walled Lake | 1.3 mi | $1,419 | $224,200 | 37.8% |
| Wixom | 3.1 mi | $1,035 | $365,200 | 57.5% |
| West Bloomfield Charter Township | 5.1 mi | $2,031 | $426,200 | 16.4% |
| Novi | 5.2 mi | $1,747 | $421,900 | 33.7% |
| Milford | 6.3 mi | $1,173 | $363,700 | 22.9% |
| Orchard Lake Village | 6.4 mi | $936 | $737,000 | 3.0% |
| Milford Charter Township | 6.4 mi | $1,466 | $425,400 | 15.3% |
| Novi Township | 6.7 mi | — | $585,900 | 1.2% |
Places in Michigan most like Wolverine Lake
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Troy | $1,602 | $420,300 | $120,045 | 26.7% |
| Chelsea | $1,619 | $312,700 | $72,098 | 37.0% |
| Sterling Heights | $1,292 | $274,300 | $79,909 | 24.2% |
| Jenison | $2,306 | $281,600 | $89,593 | 12.1% |
| Cooper Charter Township | $1,281 | $236,900 | $82,864 | 23.0% |
| Northfield Township | $1,621 | $315,400 | $94,259 | 21.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Wolverine Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,047 | $1,167 | $1,459 | $1,777 | $1,929 |
HUD income limits for Wolverine Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,050 | $36,700 | $58,700 |
| 2 people | $25,200 | $41,950 | $67,100 |
| 3 people | $28,350 | $47,200 | $75,500 |
| 4 people | $33,000 | $52,400 | $83,850 |
| 5 people | $38,680 | $56,600 | $90,600 |
| 6 people | $44,360 | $60,800 | $97,300 |
| 7 people | $50,040 | $65,000 | $104,000 |
| 8 people | $55,720 | $69,200 | $110,700 |
These are the limits HUD sets for its housing programs in the Detroit-Warren-Livonia, MI HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $104,800.
A program can use its own limits; tax-credit and local programs often do.
Wolverine Lake lies inside Commerce Charter Township, whose figures include it, so it is ranked only against places like it.
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 Wolverine Lake
What is the average rent in Wolverine Lake, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Wolverine Lake is $2,051 (±$367) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Wolverine Lake?
The median gross rent for a one-bedroom home in Wolverine Lake, MI is $917 (±$448) a month (2020–2024 American Community Survey).
Are renters in Wolverine Lake rent-burdened?
62.8% of renting households in Wolverine Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Wolverine Lake?
Wolverine Lake has an estimated 444 (±104) renting households, 23.6% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Wolverine Lake?
The median household income in Wolverine Lake is $92,247 (±$8,604) a year (2020–2024 American Community Survey).
What is the average home value in Wolverine Lake, MI?
The Census Bureau publishes the median: $288,000 (±$20,081) for owner-occupied homes in Wolverine Lake (2020–2024 American Community Survey).
Is Wolverine Lake growing?
In Wolverine Lake, the number of residents went from 4,648 in 2015–2019 to 4,487 in 2020–2024 (−3.5%), a measurable decrease.
What ZIP codes are in Wolverine Lake?
The ZIP code that covers Wolverine Lake is 48390.
What is the median rent in ZIP code 48390?
The median gross rent in ZIP Code Tabulation Area 48390 is $1,690 (±$121) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Wolverine Lake village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wolverine Lake village, Michigan
- HUD Fair Market Rents, fiscal year 2027: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Wolverine Lake Police Department (ORI MI6382900)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Wolverine Lake village, Michigan (place:88260, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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.
Figures last updated on .