Cost of Living in Walloon Lake, MI
Population: 258 | Michigan
Walloon Lake is 6% less expensive than the national average.
Cost of Living in Walloon Lake, MI: What You Need to Know
With a cost of living index of 94, Walloon Lake, MI is slightly more affordable than average. Living here is 6% cheaper than the national average and 16% above the Michigan state average of 78. Walloon Lake is a small community of 258 residents.
The median household income in Walloon Lake is $84,250, which is 12% higher than the national median of $75,149.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $84,250
- vs US Median ($75,149)
- +12%
Housing
- Median Home Value
- $260,000
- Median Monthly Housing Cost
- $1,094/mo