HomeMichiganOakland CountyLake Orion
Lake Orion, Michigan: commercial real estate data.
Lake Orion 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Lake Orion (7(a))
- Approvals70
- Gross approval$33,705,500
- Average approval$481,507
- Median approval$228,500
- Ninetieth percentile approval$1,257,600
- 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
Counted by borrower city: approvals to borrowers whose address is in Lake Orion, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Orion
SBA loans in Lake Orion (504)
- 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
Counted by borrower city: approvals to borrowers whose address is in Lake Orion, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Orion
Flood risk in Lake Orion
- NFIP communityVillage of Lake Orion
- NFIP community number260588
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/06
The Village of Lake Orion participates in the National Flood Insurance Program as community 260588 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Oakland County, not Lake Orion
Oakland County context, not Lake Orion figures
- Establishments in Oakland County39,792
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Housing units permitted, Oakland County2,886
Every figure in this section is published for Oakland County as a whole and is not a measurement of Lake Orion.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $33.7 m since FY2020, across 22 lenders, median approval $228,500, plus 7 504 approvals worth $8.5 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. 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 Lake Orion, village of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.