HomeMichiganOakland CountyLake Orion village
Lake Orion village, Michigan: commercial real estate data.
Lake Orion village is a Census village of 2,863 people across 0.79 square miles of land, in Oakland County. Median household income is $101,318, 72.6 percent of occupied homes are owned, and the SBA record carries 70 7(a) approvals to borrowers here worth $33.7 m.
80 sourced place values · tier FULL · 9 sections
Lake Orion
What Lake Orion is
- Census place typevillage
- Land area0.79 sq mi
- Water area0.53 sq mi
- Population per square mile of land3,615
- County holding the largest share of its areaOakland 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.
Lake Orion
How many people live in Lake Orion
- Population2,863
- Median age42.5
- Population under 18461 plus or minus 151
- Share under 1816.1 percent plus or minus 5.3
- Population 65 and over569 plus or minus 146
- Share 65 and over19.9 percent plus or minus 5.1
- Households1,206
- Family households656
- Share of households that are families54.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Orion
Income and work in Lake Orion
- Median household income$101,318 plus or minus $20,746
- Per capita income$56,041
- Civilian labor force1,659
- Employed1,647
- Unemployed12 plus or minus 20
- Unemployment rate0.7 percent plus or minus 1.2
- Adults 25 and over2,214
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher49.6 percent
- Adults 25 and over with a graduate degree16.5 percent plus or minus 5.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Orion
Housing in Lake Orion
- Housing units1,416
- Occupied units1,206
- Vacant units210 plus or minus 105
- Vacancy rate14.8 percent plus or minus 7.3
- Owner occupied876
- Renter occupied330 plus or minus 122
- Ownership rate72.6 percent
- Median owner-occupied home value$376,600
- Median gross rent, monthly$798 plus or minus $177
- Annual rent as a share of median income9.5 percent plus or minus 2.9
- Single family units1,102
- Share single family77.8 percent
- Units in buildings of two or more308 plus or minus 106
- Share in buildings of two or more21.8 percent plus or minus 7.2
- Mobile homes6 plus or minus 10
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Orion
How Lake Orion gets to work
- Workers 16 and over who commute1,242 plus or minus 276
- Commuting under 15 minutes225 plus or minus 105
- Share commuting under 15 minutes18.1 percent plus or minus 7.4
- Commuting 30 minutes or more659 plus or minus 245
- Share commuting 30 minutes or more53.1 percent plus or minus 15.8
- Drove alone66.8 percent plus or minus 14.6
- Carpooled7.1 percent plus or minus 4.9
- Public transport0.0 percent
- Walked1.6 percent plus or minus 1.4
- Worked from home23.3 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Orion
SBA 7(a) lending to Lake Orion borrowers
- Approvals70
- Gross approval$33,705,500
- Average approval$481,507
- Median approval$237,000
- Ninetieth percentile approval$1,380,000
- Largest approval$4,939,000
- Jobs supported640
- Jobs per approval9.1
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more10.0 percent
- Share to franchises18.6 percent
- Distinct lenders22
- Distinct industries by NAICS46
A charge-off rate is not published here. only 9 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.
Lake Orion
SBA 504 lending to Lake Orion borrowers
- Approvals7
- Gross approval$8,548,000
- Average approval$1,221,143
- Median approval$629,000
- Largest approval$5,000,000
- Jobs supported108
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Orion
Flood programme status in Lake Orion
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260588
- Currently effective map date09/29/06
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Lake Orion
Oakland County context, not Lake Orion figures
These are Oakland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Orion measurements.
- Establishments in Oakland County39,792
- Employment at those establishments, Oakland County733,671
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Average weekly wage, Oakland County$1,498
- Housing units permitted, Oakland County2,886
- Of those, single family, Oakland County1,870
- County product, 2024, Oakland County$143,144,361,000
- County product change over the prior year, Oakland County3.7 percent
- Average income of an arriving household, Oakland County$85,214
Every figure in this section is published for Oakland County as a whole and is not a measurement of Lake Orion. 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.
- 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
Lake Orion questions, answered from the record.
How many people live in Lake Orion, Michigan?
2,863, in 1,206 households. Lake Orion village covers 0.79 square miles of land, which is 3,615 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Orion in?
Oakland 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 Lake Orion?
$101,318. The median owner-occupied home is valued at $376,600. Median gross rent is $798 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Orion businesses?
70 7(a) approvals totalling $33.7 m, across 22 lenders, median approval $237,000, plus 7 504 approvals worth $8.5 m. These count approvals to borrowers whose address is in Lake Orion, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Orion borrowers get paid back?
No rate is published for Lake Orion. only 9 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.
Is Lake Orion in the National Flood Insurance Program?
Yes. Lake Orion appears in the FEMA Community Status Book as community 260588, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Orion figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland 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 Lake Orion.
Is zoning published for Lake Orion?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.