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
- Household income is 39% above the state average — one of the wealthiest communities in Michigan.
- Near full employment with an unemployment rate of just 0.7%.
Lake Orion Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,873 | 2,863 | -0.3% |
| Median household income | $98,871 | $101,318 | +2.5% |
| Median home value | $346,700 | $376,600 | +8.6% |
How Lake Orion Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Orion Rankings in Michigan
Explore Michigan Rankings
Other Cities in Oakland County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| West Ishpeming | 2,851 | $95,129 | $193,900 | 33.6% | 5.0% |
| Almont | 2,838 | $83,537 | $246,500 | 24.4% | 8.4% |
| Harvey | 2,880 | $78,674 | $262,800 | 45.1% | 8.6% |
| Rockwood | 3,161 | $88,080 | $188,600 | 20.8% | 11.4% |
| Canadian Lakes | 2,991 | $78,833 | $270,000 | 37.6% | 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.
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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.