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Last Updated: 01/29/2023


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All About

Living In Lake Orion, MI

Lake Orion is a small town in Michigan with a population of just over 3,000. Retirees account for a greater percentage of the population (18%) here than nationally (14%), while young adults are less well-represented. Overall, the town's residents, with an average age of just over 42, are older than most cities in Michigan. Renters tend to be in the minority in the area, and 75% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $798/month. Over the course of a year, renters in Lake Orion will save around $900 compared to the state average.

Averaging about 31 minutes, the commute time for Lake Orion residents is slower than the state average of about 25 minutes. Many residents (48%) commute to work by car, while public transportation isn't extensively used. Few workers (2%) commute on foot, though the number is higher than the national average.

If you're looking for career options, Lake Orion has you covered. The four most common industries are manufacturing, entertainment, healthcare, and retail. Together, these industries make up 32% of the town's workforce. Meanwhile, looking at job function, many workers in these industries are in management, as 11% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of around $94K, Lake Orion workers earn more than the average Michigan resident. Lake Orion's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Lake Orion has a relatively large number of residents over the age of 25 who have advanced degrees, as 9% have earned a Master's or a Doctoral degree. In addition, 19% possess a Bachelor's degree, which also outpaces the national average.

Frequently Asked Questions About Lake Orion

What is the average rent in Lake Orion?

The average rent of a studio apartment in Lake Orion is $938 per month. For a one-bedroom apartment it's $1,032 per month. For a two-bedroom apartment the average rent is $1,767 per month.

What is the average cost of rent for a one-bedroom in Lake Orion?

The average rent of a one-bedroom apartment in Lake Orion is $1,032

Are there any cheap apartments for rent in Lake Orion?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Lake Orion?

Apply Apartment Guide's pet friendly filter to see only Lake Orion apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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