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Lake Orion, Michigan Demographics & Population 2026

During the 2020–2024 ACS period, Lake Orion, Michigan had a total population of 2,863, the 245th largest village in Michigan, with a median household income of $101,318, which is 39% higher than the state average. The poverty rate is 9.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Orion Quick Facts

Population 2,863
Median Household Income $101,318
Median Home Value $376,600
Poverty Rate 9.2%
Unemployment Rate 0.7%
Median Age 42.5 years
Homeownership Rate 72.6%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 49.6%
High School Graduation Rate 97.0%
Diversity Index 24/100
Population 2,863 245th of 745
Median Income $101,318 top 10%
Poverty Rate 9.2% 26% lower than national
Median Home Value $376,600 top 10%

How Lake Orion Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,8732,863-0.3%
Median household income$98,871$101,318+2.5%
Median home value$346,700$376,600+8.6%

How Lake Orion Compares

Economy & Housing

Household Income Distribution

Under $25K 17.9%
$25K-$50K 12.7%
$50K-$100K 17.0%
$100K+ 52.4%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
7.4%
$15K-$20K
1.8%
$20K-$25K
2.9%
$25K-$30K
2.9%
$30K-$35K
4.7%
$35K-$40K
2.1%
$40K-$45K
1.3%
$45K-$50K
1.7%
$50K-$60K
5.3%
$60K-$75K
4.2%
$75K-$100K
7.5%
$100K-$125K
15.3%
$125K-$150K
0.0%
$150K-$200K
14.3%
$200K+
22.9%

Employment

0.7% Unemployment Rate State: 5.7%|National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $798/mo 9.5% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

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

State average: 45 | National average: 61

Education

Lake Orion Rankings in Michigan

#245 Population of 745
#75 Median Income of 732
#80 Education of 745
#53 Home Value of 730

Other Cities in Oakland County

CityPopulationMedian IncomePovertyHome Value
Troy 87,898 $120,045 5.4% $420,300
Farmington Hills 83,515 $104,836 7.6% $354,500
Rochester Hills 77,089 $120,694 5.2% $409,800
Southfield 76,236 $68,166 10.3% $236,200
Novi 66,717 $110,723 5.4% $421,900
Pontiac 62,104 $44,329 24.4% $121,700
Royal Oak 57,950 $101,109 6.2% $328,700
Oak Park 29,318 $71,510 12.0% $212,300
Madison Heights 28,419 $69,503 10.8% $199,100
Auburn Hills 25,105 $84,375 11.1% $245,000

Cities Similar to Lake Orion

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Ishpeming2,851$95,129$193,90033.6%5.0%
Almont2,838$83,537$246,50024.4%8.4%
Harvey2,880$78,674$262,80045.1%8.6%
Rockwood3,161$88,080$188,60020.8%11.4%
Canadian Lakes2,991$78,833$270,00037.6%12.3%

Population Overview

Lake Orion is a small community located in Michigan, within Oakland County. The total population is 2,863. It ranks as the 245th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Lake Orion is 42.5 years. This is 6% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Lake Orion is $101,318. This is 39% higher than the state median of $72,875. It is also 25% higher than the national median of $80,734. The poverty rate stands at 9.2%. This is 30% lower than the state poverty rate of 13.2%. The unemployment rate is 0.7%. This is 87% lower than the state rate of 5.7%. The median home value is $376,600. Housing costs are 63% higher than the state median of $231,600. The home-value-to-income ratio is 3.7x. 72.6% of occupied housing units are owner-occupied.

Race & Ethnicity

Lake Orion has a predominantly White (non-Hispanic) population, comprising 86.9% of all residents. Hispanic or Latino residents account for 4.6%. The Black or African American population (0.2%) is well below the state average of 13.1%.

Education

49.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% higher than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.0%. Notably, 16.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Orion, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Michigan city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lake Orion, Michigan?

Lake Orion, Michigan has a population of 2,863 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lake Orion is $101,318, which is 25% higher than the national median of $80,734.

What is the poverty rate in Lake Orion, MI?

The poverty rate in Lake Orion is 9.2%. This means approximately 256 residents live below the federal poverty line.

What is the racial makeup of Lake Orion, Michigan?

Lake Orion's population is 86.9% White, 0.2% Black, 4.6% Hispanic/Latino, and 2.0% Asian.

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

The median home value in Lake Orion is $376,600. The home-value-to-income ratio is 3.7x.

How educated is Lake Orion, Michigan?

49.6% of adults (25+) in Lake Orion hold a bachelor's degree or higher, and 16.5% hold a graduate or professional degree.