What percentage of people rent in Wolverine Lake, MI?

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

23.6% (±5.1 points) of the occupied homes in Wolverine Lake, MI are rented (2020–2024 American Community Survey).

That is 444 renting households against 1,441 that own their home.

In Wolverine Lake, the share of households that rent went from 27.8% in 2015–2019 to 23.6% in 2020–2024 (−4.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 23.6% (±5.1 points)
Renting households: 444 (±104)
Median renter income: $73,750 (±$28,711)

Who rents and who owns in Wolverine Lake

Tenure, estimate (90% margin of error)
	Wolverine Lake	Oakland County	Michigan	United States
Renter-occupied share	23.6% (±5.1 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	444 (±104)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	1,441 (±120)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.9 (±0.3)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.5 (±0.2)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$73,750 (±$28,711)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$100,391 (±$21,167)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Wolverine Lake, the renter share is not measurably different from Oakland County (27.3%).

It is not measurably different from Michigan (26.8%).

It is lower than the national figure (34.8%).

In Oakland County, Wolverine Lake ranks 5 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 117 of 253.

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

How renting in Wolverine 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	27.8% (±6.9 points)	23.6% (±5.1 points)	−4.2 percentage points	Not a measurable change
Median gross rent	$988 (±$268)	$2,051 (±$367)	+107.6%	Up after inflation
Median household income	$85,019 (±$13,238)	$92,247 (±$8,604)	+8.5%	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 Wolverine Lake

Nearest places with a published estimate, compared with Wolverine Lake
Place	Distance	Households that rent	Compared with this place
Wolverine Lake	—	23.6% (±5.1 points)	—
Walled Lake	1.3 mi	37.8% (±5.7 points)	Higher
Wixom	3.1 mi	57.5% (±2.5 points)	Higher
West Bloomfield Charter Township	5.1 mi	16.4% (±1.8 points)	Lower
Novi	5.2 mi	33.7% (±2.3 points)	Higher
Milford	6.3 mi	22.9% (±4.9 points)	Not measurably different
Orchard Lake Village	6.4 mi	3.0% (±2.3 points)	Lower
Milford Charter Township	6.4 mi	15.3% (±3.0 points)	Lower
Novi Township	6.7 mi	1.2% (±2.9 points)	Lower

Nearby places with a measurably lower figure: West Bloomfield Charter Township, MI (16.4%), Orchard Lake Village, MI (3.0%), Milford Charter Township, MI (15.3%).

Nearby places with a measurably higher figure: Walled Lake, MI (37.8%), Wixom, MI (57.5%), Novi, MI (33.7%).

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
1	Holly	29.1% (±10.0 points)
2	Oxford	27.8% (±9.3 points)
3	Lake Orion	27.4% (±8.4 points)
4	Ortonville	25.2% (±6.3 points)
5	Wolverine Lake	23.6% (±5.1 points)
6	Milford	22.9% (±4.9 points)
7	Beverly Hills	5.2% (±1.9 points)
8	Leonard	3.3% (±4.6 points)
9	Bingham Farms	3.1% (±3.0 points)
10	Franklin	1.8% (±1.8 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Wolverine Lake

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Wolverine Lake, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Wolverine Lake beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Wolverine Lake, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Wolverine Lake

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).

Is renting growing in Wolverine Lake?

In Wolverine Lake, the share of households that rent went from 27.8% in 2015–2019 to 23.6% in 2020–2024 (−4.2 percentage points), not a measurable change.

How big are renting households in Wolverine Lake?

A renting household in Wolverine Lake has 1.9 people on average, against 2.5 in an owned home.

How much do renters earn in Wolverine Lake?

The median renting household in Wolverine Lake, MI has an income of $73,750 (±$28,711) a year, against $100,391 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 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 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.