How many renters in Wolverine Lake, MI pay more than 30% of their income on rent?
62.8% (±24.0 points) of renting households in Wolverine Lake, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
43.4% spend 35% or more.
The median renting household spends 33.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 62.8% (±24.0 points)
- Paying 35% or more
- 43.4% (±17.9 points)
- Median share of income
- 33.3% (±5.5 points)
Rent as a share of income in Wolverine Lake
| Share of income spent on rent | Wolverine Lake | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 4.4% (±5.5 points) | 15.2% | 13.5% | 12.6% |
| 15% to 19.9% | 10.9% (±9.2 points) | 14.4% | 12.2% | 12.2% |
| 20% to 24.9% | 14.1% (±9.3 points) | 13.5% | 12.4% | 12.6% |
| 25% to 29.9% | 7.8% (±6.7 points) | 12.0% | 11.5% | 11.5% |
| 30% to 34.9% | 19.4% (±16.0 points) | 8.1% | 9.0% | 9.2% |
| 35% or more | 43.4% (±17.9 points) | 36.6% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Wolverine Lake against Oakland County, its state and the nation
| Wolverine Lake | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 62.8% (±24.0 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 43.4% (±17.9 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 33.3% (±5.5 points) | 27.8% (±0.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $73,750 (±$28,711) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median gross rent | $2,051 (±$367) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
In Wolverine Lake, the share of renters paying 30% or more of income is not measurably different from Oakland County (44.7%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Oakland County, Wolverine Lake ranks 5 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 44 of 251.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Wolverine Lake
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Wolverine Lake | — | 62.8% (±24.0 points) | — |
| Walled Lake | 1.3 mi | 55.0% (±14.9 points) | Not measurably different |
| Wixom | 3.1 mi | 43.4% (±8.0 points) | Not measurably different |
| West Bloomfield Charter Township | 5.1 mi | 56.3% (±8.5 points) | Not measurably different |
| Novi | 5.2 mi | 38.7% (±4.4 points) | Not measurably different |
| Milford | 6.3 mi | 47.5% (±15.2 points) | Not measurably different |
| Orchard Lake Village | 6.4 mi | 0.0% (±111.7 points) | Not measurably different |
| Milford Charter Township | 6.4 mi | 56.9% (±17.1 points) | Not measurably different |
| Novi Township | 6.7 mi | 0.0% (±141.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Oakland County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Bingham Farms | 100.0% (±111.7 points) |
| 1 (tie) | Franklin | 100.0% (±141.4 points) |
| 1 (tie) | Leonard | 100.0% (±141.4 points) |
| 4 | Oxford | 78.5% (±14.9 points) |
| 5 | Wolverine Lake | 62.8% (±24.0 points) |
| 6 | Milford | 47.5% (±15.2 points) |
| 7 | Lake Orion | 45.1% (±18.3 points) |
| 8 | Beverly Hills | 44.1% (±35.8 points) |
| 9 | Holly | 32.5% (±18.4 points) |
| 10 | Ortonville | 31.3% (±28.7 points) |
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).
Margins of error are at the 90% confidence level.
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Questions about Wolverine Lake
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).
What share of income do renters in Wolverine Lake spend on rent?
The median renting household in Wolverine Lake, MI spends 33.3% (±5.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wolverine Lake village, Michigan
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 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
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- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan