Living in Wolf Lake, Michigan
Cost of living, income, home prices, rent and demographics of Wolf Lake · Census data 2020–2024
Wolf Lake has 4,654 residents with a median age of 37.4. The median household income is $51,637 (29% lower than the Michigan median), the median home value is $131,400, the median rent is $1,310/month.
Wolf Lake at a glance
- Population
- 4,654
- Median age
- 37.4State: 40.2
- Median household income
- $51,637State: $72,875
- Median home value
- $131,400State: $231,600
- Median rent
- $1,310/moState: $1,129
- Homeowners
- 93.8%
- Bachelor's degree or higher
- 2.1%
- Average commute
- 23 min
Is Wolf Lake a good place to live?
Pros: Home values 43% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 29% lower than the Michigan median; unemployment of 8.2%; a poverty rate of 14.1%.
The weather is best in June to September.
Cost of living in Wolf Lake
Housing is the biggest part of the cost of living. In Wolf Lake the median home value is $131,400, 61% lower than the U.S. median. Renters pay a median of $1,310 per month, which is 51% of household income. Homeowners with a mortgage pay $1,249 a month in housing costs.
Wolf Lake median household income
The median household income in Wolf Lake is $51,637 and the income per person is $23,432. 14.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Wolf Lake: homes for sale and rent
- Housing units
- 1,774
- Owner-occupied
- 93.8%
- Renter-occupied
- 6.2%
- Vacant
- 1.8%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.66
Wolf Lake demographics
- Population
- 4,654
- Median age
- 37.4
- Under 18
- 21.7%
- 65 and older
- 15.5%
- Households
- 1,742
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Wolf Lake ›
Education in Wolf Lake
2.1% of adults 25 and older in Wolf Lake have a bachelor's degree or higher (Michigan: 32.4%), and 0.5% have a graduate or professional degree.
Jobs and commute in Wolf Lake
- Unemployment rate
- 8.2%State: 5.7%
- Average commute
- 23 minState: 24 min
- Work from home
- 4.8%
- Drive alone
- 85.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.5%
Wolf Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wolf Lake | 4,654 | $51,637 | $131,400 | $1,310 |
| Muskegon Heights | 9,841 | $35,239 | $68,000 | $889 |
| Muskegon | 37,226 | $44,735 | $142,300 | $996 |
| North Muskegon | 4,098 | $104,659 | $264,200 | $1,300 |
| Norton Shores | 25,041 | $76,579 | $234,800 | $1,341 |
| Fruitport | 1,212 | $84,306 | $218,300 | $1,076 |
| Roosevelt Park | 4,144 | $62,857 | $193,300 | $1,114 |
| Twin Lake | 2,036 | $84,950 | $250,600 | — |
| Ravenna | 1,540 | $77,857 | $204,300 | $815 |
More for people moving to Wolf Lake
Wolf Lake ZIP code ›Weather and climate ›Living in Wolf Lake: FAQ
What is the median household income in Wolf Lake, MI?
The median household income in Wolf Lake is $51,637, 29% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Wolf Lake?
The median home value in Wolf Lake is $131,400, compared with $231,600 in Michigan.
How much is rent in Wolf Lake?
The median gross rent in Wolf Lake is $1,310 per month, about 51% of household income.
Is Wolf Lake, MI a good place to live?
Pluses: home values 43% lower than the state median; an average commute of 23 minutes. Minuses: median household income 29% lower than the Michigan median; unemployment of 8.2%; a poverty rate of 14.1%.
What is the median age in Wolf Lake?
The median age in Wolf Lake is 37.4 years (Michigan: 40.2).
How long is the commute in Wolf Lake?
The average commute to work in Wolf Lake is 23 minutes; 4.8% of workers work from home.
What is the unemployment rate in Wolf Lake?
The unemployment rate in Wolf Lake is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wolf Lake?
2.1% of adults in Wolf Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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