HomeMichiganOakland CountyWalled Lake
Walled Lake, Michigan: commercial real estate data.
Walled Lake 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Walled Lake, in any county, FY2020 to FY2026. Only 14 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.
Walled Lake
SBA loans in Walled Lake (504)
- Approvals6
- Gross approval$2,020,000
- Average approval$336,667
- Median approval$327,500
- Largest approval$557,000
- Jobs supported66
- Loans with a final outcome1
- Charged off1
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Walled Lake, in any county, FY2010 to FY2026. Only 1 loan has 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.
Walled Lake
Flood risk in Walled Lake
- NFIP communityCity of Walled Lake
- NFIP community number260181
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/06
The City of Walled Lake participates in the National Flood Insurance Program as community 260181 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 Walled Lake
Oakland County context, not Walled Lake 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 Walled Lake.
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
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 totaling $19.2 m since FY2020, across 16 lenders, median approval $179,200, plus 6 504 approvals worth $2.0 m since FY2010. 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?
No rate is published for Walled Lake. Only 14 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 Walled Lake in the National Flood Insurance Program?
Yes. Walled Lake appears in the FEMA Community Status Book as Walled Lake, city of, 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 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 Walled Lake.
Is zoning published for Walled Lake?
No. Nothing on this page presents parcel level zoning.