HomeMichiganCharlevoix CountyWalloon Lake CDP
Walloon Lake CDP, Michigan: commercial real estate data.
Walloon Lake CDP is a Census CDP of 294 people across 1.35 square miles of land, in Charlevoix County. Median household income is $87,303, 82.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $3.7 m.
64 sourced place values · tier FULL · 7 sections
Walloon Lake
What Walloon Lake is
- Census place typeCDP
- Land area1.35 sq mi
- Water area0 sq mi
- Population per square mile of land217 plus or minus 78
- County holding the largest share of its areaCharlevoix County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walloon Lake
How many people live in Walloon Lake
- Population294 plus or minus 106
- Median age50.7
- Population under 1852 plus or minus 35
- Share under 1817.7 percent plus or minus 10.2
- Population 65 and over93 plus or minus 44
- Share 65 and over31.6 percent plus or minus 9.7
- Households133 plus or minus 43
- Family households107 plus or minus 42
- Share of households that are families80.5 percent plus or minus 17.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walloon Lake
Income and work in Walloon Lake
- Median household income$87,303 plus or minus $68,129
- Per capita income$84,905 plus or minus $42,478
- Civilian labor force118 plus or minus 55
- Employed116 plus or minus 53
- Unemployed2 plus or minus 4
- Unemployment rate1.7 percent plus or minus 3.3
- Adults 25 and over232 plus or minus 79
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 45.8
- Adults 25 and over with a bachelor degree or higher52.2 percent plus or minus 13.6
- Adults 25 and over with a graduate degree23.7 percent plus or minus 16.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walloon Lake
Housing in Walloon Lake
- Housing units245 plus or minus 62
- Occupied units133 plus or minus 43
- Vacant units112 plus or minus 52
- Vacancy rate45.7 percent plus or minus 17.8
- Owner occupied110 plus or minus 38
- Renter occupied23 plus or minus 20
- Ownership rate82.7 percent
- Median owner-occupied home value$285,400
- Single family units216 plus or minus 63
- Share single family88.2 percent
- Units in buildings of two or more21 plus or minus 25
- Share in buildings of two or more8.6 percent plus or minus 10.1
- Mobile homes8 plus or minus 7
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walloon Lake
How Walloon Lake gets to work
- Workers 16 and over who commute112 plus or minus 54
- Commuting under 15 minutes43 plus or minus 27
- Share commuting under 15 minutes38.4 percent plus or minus 15.3
- Commuting 30 minutes or more31 plus or minus 25
- Share commuting 30 minutes or more27.7 percent plus or minus 17.8
- Drove alone77.6 percent plus or minus 23.0
- Carpooled12.1 percent plus or minus 9.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home3.4 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walloon Lake
SBA 7(a) lending to Walloon Lake borrowers
- Approvals1
- Gross approval$3,705,000
- Average approval$3,705,000
- Median approval$3,705,000
- Ninetieth percentile approval$3,705,000
- Largest approval$3,705,000
- Jobs supported28
- Jobs per approval28.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term180 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Charlevoix County, not Walloon Lake
Charlevoix County context, not Walloon Lake figures
These are Charlevoix County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Walloon Lake measurements.
- Establishments in Charlevoix County891
- Employment at those establishments, Charlevoix County9,264
- Covered employment, Charlevoix County10,983
- Average annual pay, Charlevoix County$57,950
- Average weekly wage, Charlevoix County$1,114
- Housing units permitted, Charlevoix County113
- Of those, single family, Charlevoix County107
- County product, 2024, Charlevoix County$1,720,737,000
- County product change over the prior year, Charlevoix County5.2 percent
- Average income of an arriving household, Charlevoix County$167,687
Every figure in this section is published for Charlevoix County as a whole and is not a measurement of Walloon Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Walloon Lake questions, answered from the record.
How many people live in Walloon Lake, Michigan?
294, in 133 households. Walloon Lake CDP covers 1.35 square miles of land, which is 217 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Walloon Lake in?
Charlevoix County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Walloon Lake?
$87,303. The median owner-occupied home is valued at $285,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Walloon Lake businesses?
1 7(a) approvals totalling $3.7 m, across 1 lenders, median approval $3,705,000. These count approvals to borrowers whose address is in Walloon Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Walloon Lake borrowers get paid back?
No rate is published for Walloon Lake. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Walloon Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Charlevoix County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Walloon Lake.
Is zoning published for Walloon Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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