Walloon Lake, Michigan Demographics & Population 2026

A note before these figures: with a population of 294, Walloon Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Walloon Lake is a small community located in Michigan, within Charlevoix County. The total population is 294. It ranks as the 627th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Walloon Lake is 50.7 years. This is 26% higher than the state median of 40.2 years. 16.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Walloon Lake is $87,303. This is 20% higher than the state median of $72,875. It is also 8% higher than the national median of $80,734. The poverty rate stands at 4.4%. This is 67% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.7%. This is 70% lower than the state rate of 5.7%. The median home value is $285,400. Housing costs are 23% higher than the state median of $231,600. The home-value-to-income ratio is 3.3x. 82.7% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 73.2%.

Race & Ethnicity

Walloon Lake has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents. Hispanic or Latino residents account for 1.4%. The Hispanic or Latino population (1.4%) is well below the state average of 5.9%.

Education

52.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Walloon Lake in the top 10% of all cities in the state for educational attainment. This is 61% higher than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 23.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Walloon Lake, 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.