HomeMichiganOakland CountyWalled Lake city
Walled Lake city, Michigan: commercial real estate data.
Walled Lake city is a Census city of 7,299 people across 2.21 square miles of land, in Oakland County. Median household income is $72,055, 62.2 percent of occupied homes are owned, and the SBA record carries 41 7(a) approvals to borrowers here worth $19.2 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Walled Lake
What Walled Lake is
- Census place typecity
- Land area2.21 sq mi
- Water area0.18 sq mi
- Population per square mile of land3,305
- 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.
Walled Lake
How many people live in Walled Lake
- Population7,299
- Median age40.4
- Population under 181,287 plus or minus 320
- Share under 1817.6 percent plus or minus 4.4
- Population 65 and over1,231
- Share 65 and over16.9 percent
- Households3,313
- Family households1,781
- Share of households that are families53.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walled Lake
Income and work in Walled Lake
- Median household income$72,055
- Per capita income$50,039
- Civilian labor force4,447
- Employed4,267
- Unemployed180 plus or minus 92
- Unemployment rate4.0 percent plus or minus 2.1
- Adults 25 and over5,704
- Adults 25 and over with a high school diploma or higher95.2 percent
- Adults 25 and over with a bachelor degree or higher32.6 percent
- Adults 25 and over with a graduate degree7.9 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walled Lake
Housing in Walled Lake
- Housing units3,478
- Occupied units3,313
- Vacant units165 plus or minus 135
- Vacancy rate4.7 percent plus or minus 3.9
- Owner occupied2,061
- Renter occupied1,252
- Ownership rate62.2 percent
- Median owner-occupied home value$224,200
- Median gross rent, monthly$1,419
- Annual rent as a share of median income23.6 percent
- Single family units2,047
- Share single family58.9 percent
- Units in buildings of two or more1,346
- Share in buildings of two or more38.7 percent
- Mobile homes85 plus or minus 46
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walled Lake
How Walled Lake gets to work
- Workers 16 and over who commute3,710
- Commuting under 15 minutes1,069 plus or minus 254
- Share commuting under 15 minutes28.8 percent plus or minus 6.4
- Commuting 30 minutes or more1,218 plus or minus 298
- Share commuting 30 minutes or more32.8 percent plus or minus 7.5
- Drove alone81.0 percent
- Carpooled5.3 percent plus or minus 3.4
- Public transport0.0 percent
- Walked0.2 percent plus or minus 0.4
- Worked from home12.3 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walled Lake
SBA loans in Walled Lake (7(a))
- Approvals41
- Gross approval$19,197,400
- Average approval$468,229
- Median approval$179,200
- Ninetieth percentile approval$1,200,500
- Largest approval$3,744,000
- Jobs supported378
- Jobs per approval9.2
- Loans with a final outcome14
- Paid in full14
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more14.6 percent
- Share to franchises17.1 percent
- Distinct lenders16
- Distinct industries by NAICS29
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Walled Lake
SBA loans in Walled Lake (504)
- Approvals6
- Gross approval$2,020,000
- Average approval$336,667
- Median approval$346,000
- Largest approval$557,000
- Jobs supported66
- Loans with a final outcome1
- Charged off1
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Walled Lake
Flood risk in Walled Lake
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260181
- 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 Walled Lake
Oakland County context, not Walled Lake 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 Walled Lake 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 Walled 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.
- 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
Walled Lake questions, answered from the record.
How many people live in Walled Lake, Michigan?
7,299, in 3,313 households. Walled Lake city covers 2.21 square miles of land, which is 3,305 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Walled Lake 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 Walled Lake?
$72,055. The median owner-occupied home is valued at $224,200. Median gross rent is $1,419 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Walled Lake businesses?
41 7(a) approvals totalling $19.2 m, across 16 lenders, median approval $179,200, plus 6 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Walled Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Walled Lake borrowers get paid back?
Of the 14 loans that have reached a final outcome, 14 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Walled Lake in the National Flood Insurance Program?
Yes. Walled Lake appears in the FEMA Community Status Book as community 260181, 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 Walled Lake 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 Walled Lake.
Is zoning published for Walled Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.