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Wolf Lake CDP, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Wolf Lake CDP, Michigan has a total population of 4,802, the 184th largest city in Michigan, with a median household income of $49,005, which is 31% lower than the state average. The poverty rate is 14.6%.

Key Takeaways

Wolf Lake CDP Quick Facts

Population 4,802
Median Household Income $49,005
Median Home Value $99,800
Poverty Rate 14.6%
Unemployment Rate 11.7%
Median Age 30.7 years
Homeownership Rate 92.2%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 6.2%
High School Graduation Rate 86.3%
Diversity Index 27/100
Population 4,802 184th of 745
Median Income $49,005 bottom 30%
Poverty Rate 14.6% 18% higher national
Median Home Value $99,800 bottom 30%

How Wolf Lake CDP Compares

Economy & Housing

Employment

11.7% Unemployment Rate State: 5.8% | National: 5.2%
64.3% Labor Force Participation

Housing Overview

Owner 92.2%
Renter 7.8%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

27out of 100
Low Diversity

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

State average: 44 | National average: 60

Education

Wolf Lake CDP Rankings in Michigan

#184 Population of 745
#548 Median Income of 745
#702 Education of 745
#590 Home Value of 745

Cities Similar to Wolf Lake CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Davison city5,082$50,450$166,10025.5%16.2%
Cheboygan city4,801$41,338$118,70016.9%19.0%
Vandercook Lake CDP4,434$52,337$125,80017.7%10.5%
Hancock city4,510$55,278$185,70045.8%17.8%
Coopersville city4,841$62,575$216,90020.9%8.0%

Population Overview

Wolf Lake CDP is a small community located in Michigan. The total population is 4,802. It ranks as the 184th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Wolf Lake CDP is 30.7 years. This is 23% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Wolf Lake CDP is $49,005. This is 31% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 38% lower. The poverty rate stands at 14.6%. This is 12% higher than the state poverty rate of 13.1%. The unemployment rate is 11.7%. This is 101% higher than the state rate of 5.8%. The median home value is $99,800. Housing costs are 54% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.0x, Wolf Lake CDP is one of the most affordable housing markets in the area. 92.2% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Wolf Lake CDP is White (non-Hispanic), making up 83.7% of the population. Hispanic or Latino residents account for 3.0%. The Black or African American population (1.8%) is well below the state average of 13.2%. The Asian population (0.0%) is well below the state average of 3.3%.

Education

6.2% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 80% lower 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 86.3%.

Data Sources & Methodology

All demographic data for Wolf Lake CDP, 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 Wolf Lake CDP, Michigan?

Wolf Lake CDP, Michigan has a population of 4,802 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wolf Lake CDP, MI?

The median household income in Wolf Lake CDP is $49,005, which is 38% lower the national median of $78,538.

What is the poverty rate in Wolf Lake CDP, MI?

The poverty rate in Wolf Lake CDP is 14.6%. This means approximately 702 residents live below the federal poverty line.

What is the racial makeup of Wolf Lake CDP, Michigan?

Wolf Lake CDP's population is 83.7% White, 1.8% Black, 3.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wolf Lake CDP, MI?

The median home value in Wolf Lake CDP is $99,800. The home-value-to-income ratio is 2.0x.

How educated is Wolf Lake CDP, Michigan?

6.2% of adults (25+) in Wolf Lake CDP hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.