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All about

Walled Lake, MI

Walled Lake, Michigan is a small town with just over 7,000 residents. Middle-aged professionals should feel right at home, as they make up an above-average percentage of the population. Most residents own their homes in Walled Lake, and 44% of residents rent. The average rent for Walled Lake is $167/month more than the state average.

With an average commute time of about 28 minutes, slower than most cities in Michigan, Walled Lake residents have found that getting to work takes some patience. Many residents (52%) drive their car or truck to work, while public transportation isn't used widely. Walking isn't a common method of commuting to work.

Walled Lake residents have a plethora of industries from which to choose, the most common four of which are retail, manufacturing, entertainment, and healthcare. Combined, these industries account for 32% of the town's workforce. Meanwhile, looking at job function, many of the town's residents work in sales, making it the top field in the town. With an average annual income of about $65,000, Walled Lake workers earn about the same as their peers elsewhere in the state. Walled Lake, however, compares less favorably to the national average ($73,345). Compared to the national average (5%), Walled Lake has a relatively high concentration of residents over the age of 25 who have earned an Associate's degree (7%). Furthermore, 15% have a Bachelor's degree and 8% possess a Master's or Doctoral degree.

Average Rent in Walled Lake

Studio1 Bed2 Bed3 Bed
Jan 20$723$955$1,249
Dec 197089171,254
Nov 197061,1511,268
Oct 197099321,228
Sep 197049401,248
Aug 197018501,232
Jul 198599381,284
Jun 197371,0251,266
May 196941,1031,254
Apr 197481,0411,268
Mar 196929201,498
Feb 196929451,429
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Walled Lake

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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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