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Lake Orion village, Michigan Demographics & Population 2026

As of 2026, Lake Orion village, Michigan has a total population of 2,873, the 242nd largest city in Michigan, with a median household income of $98,871, which is 39% higher than the state average. The poverty rate is 8.4%.

Key Takeaways

Lake Orion village Quick Facts

Population 2,873
Median Household Income $98,871
Median Home Value $346,700
Poverty Rate 8.4%
Unemployment Rate 0.9%
Median Age 43.8 years
Homeownership Rate 73.6%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 45.8%
High School Graduation Rate 95.5%
Diversity Index 15/100
Population 2,873 242nd of 745
Median Income $98,871 top 10%
Poverty Rate 8.4% 33% lower national
Median Home Value $346,700 top 10%

How Lake Orion village Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 5.8% | National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 73.6%
Renter 26.4%
Affordability Index Affordable
3.5x home value to income ratio

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Lake Orion village Rankings in Michigan

#242 Population of 745
#69 Median Income of 745
#96 Education of 745
#55 Home Value of 745

Cities Similar to Lake Orion village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Almont village2,830$81,511$233,10022.9%8.0%
Clinton village2,795$78,750$180,40025.3%5.6%
West Ishpeming CDP2,714$80,500$166,10025.2%5.6%
Rockwood city3,189$85,391$180,00018.8%10.2%
Mattawan village2,615$82,026$177,50027.6%7.7%

Population Overview

Lake Orion village is a small community located in Michigan. The total population is 2,873. It ranks as the 242nd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Lake Orion village is 43.8 years. This is 9% higher than the state median of 40.1 years. Only 14.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lake Orion village is $98,871. This is 39% higher than the state median of $71,149. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 8.4%. This is 36% lower than the state poverty rate of 13.1%. The unemployment rate is 0.9%. This is 85% lower than the state rate of 5.8%. The median home value is $346,700. Housing costs are 59% higher than the state median of $217,600. The home-value-to-income ratio is 3.5x. 73.6% of occupied housing units are owner-occupied.

Race & Ethnicity

Lake Orion village has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents. Hispanic or Latino residents account for 3.6%. The Black or African American population (0.3%) is well below the state average of 13.2%.

Education

45.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% higher than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%. Notably, 16.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Orion village, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lake Orion village, Michigan?

Lake Orion village, Michigan has a population of 2,873 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Orion village, MI?

The median household income in Lake Orion village is $98,871, which is 26% higher the national median of $78,538.

What is the poverty rate in Lake Orion village, MI?

The poverty rate in Lake Orion village is 8.4%. This means approximately 233 residents live below the federal poverty line.

What is the racial makeup of Lake Orion village, Michigan?

Lake Orion village's population is 92.2% White, 0.3% Black, 3.6% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Lake Orion village, MI?

The median home value in Lake Orion village is $346,700. The home-value-to-income ratio is 3.5x.

How educated is Lake Orion village, Michigan?

45.8% of adults (25+) in Lake Orion village hold a bachelor's degree or higher, and 16.8% hold a graduate or professional degree.