Living in Wolverine, Michigan
Cost of living, income, home prices, rent and demographics of Wolverine · Census data 2020–2024
Wolverine has 265 residents with a median age of 36.1. The median household income is $67,500 (7% lower than the Michigan median), the median home value is $89,000.
Wolverine is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wolverine at a glance
- Population
- 265
- Median age
- 36.1State: 40.2
- Median household income
- $67,500State: $72,875
- Median home value
- $89,000State: $231,600
- Homeowners
- 95.7%
- Bachelor's degree or higher
- 9.4%
- Average commute
- 30 min
Is Wolverine a good place to live?
Pros: Home values 62% lower than the state median.
Cons: Median household income 7% lower than the Michigan median; an average commute of 30 minutes; a poverty rate of 34.1%.
The weather is best in June to September.
Cost of living in Wolverine
Housing is the biggest part of the cost of living. In Wolverine the median home value is $89,000, 73% lower than the U.S. median. Renters pay a median of — per month, which is 25% of household income. Homeowners with a mortgage pay $744 a month in housing costs.
Wolverine median household income
The median household income in Wolverine is $67,500 and the income per person is $25,211. 34.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Wolverine: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 95.7%
- Renter-occupied
- 4.3%
- Vacant
- 22%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.88
Wolverine demographics
- Population
- 265
- Median age
- 36.1
- Under 18
- 29.4%
- 65 and older
- 12.8%
- Households
- 92
- Foreign-born
- 3.4%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Wolverine ›
Education in Wolverine
9.4% of adults 25 and older in Wolverine have a bachelor's degree or higher (Michigan: 32.4%), and 5% have a graduate or professional degree.
Jobs and commute in Wolverine
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 30 minState: 24 min
- Work from home
- 6%
- Drive alone
- 81.2%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 83.7%
Wolverine vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wolverine | 265 | $67,500 | $89,000 | — |
| Vanderbilt | 341 | $53,958 | $121,200 | $920 |
| Indian River | 2,039 | $62,140 | $314,100 | — |
| Alanson | 834 | $65,139 | $134,100 | $393 |
| Conway | 237 | $77,000 | $425,000 | — |
| Tower | 275 | $56,250 | $94,800 | $850 |
| Walloon Lake | 294 | $87,303 | $285,400 | — |
| Boyne Falls | 361 | $62,159 | $167,700 | $949 |
| Brutus | 198 | $109,375 | $164,100 | — |
More for people moving to Wolverine
Wolverine ZIP code ›Weather and climate ›Living in Wolverine: FAQ
What is the median household income in Wolverine, MI?
The median household income in Wolverine is $67,500, 7% 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 Wolverine?
The median home value in Wolverine is $89,000, compared with $231,600 in Michigan.
Is Wolverine, MI a good place to live?
Pluses: home values 62% lower than the state median. Minuses: median household income 7% lower than the Michigan median; an average commute of 30 minutes; a poverty rate of 34.1%.
What is the median age in Wolverine?
The median age in Wolverine is 36.1 years (Michigan: 40.2).
How long is the commute in Wolverine?
The average commute to work in Wolverine is 30 minutes; 6% of workers work from home.
What is the unemployment rate in Wolverine?
The unemployment rate in Wolverine is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wolverine?
9.4% of adults in Wolverine 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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