HomeMichiganOakland CountyWolverine Lake village
Wolverine Lake village, Michigan: commercial real estate data.
Wolverine Lake village is a Census village of 4,487 people across 1.26 square miles of land, in Oakland County. Median household income is $92,247, 76.4 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.3 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wolverine Lake
What Wolverine Lake is
- Census place typevillage
- Land area1.26 sq mi
- Water area0.42 sq mi
- Population per square mile of land3,567
- 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.
Wolverine Lake
How many people live in Wolverine Lake
- Population4,487
- Median age41.7
- Population under 18882 plus or minus 201
- Share under 1819.7 percent plus or minus 4.5
- Population 65 and over803 plus or minus 170
- Share 65 and over17.9 percent plus or minus 3.8
- Households1,885
- Family households1,115
- Share of households that are families59.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wolverine Lake
Income and work in Wolverine Lake
- Median household income$92,247
- Per capita income$50,510
- Civilian labor force2,602
- Employed2,528
- Unemployed74 plus or minus 48
- Unemployment rate2.8 percent plus or minus 1.8
- Adults 25 and over3,208
- Adults 25 and over with a high school diploma or higher96.6 percent
- Adults 25 and over with a bachelor degree or higher37.4 percent
- Adults 25 and over with a graduate degree11.4 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wolverine Lake
Housing in Wolverine Lake
- Housing units1,996
- Occupied units1,885
- Vacant units111 plus or minus 95
- Vacancy rate5.6 percent plus or minus 4.7
- Owner occupied1,441
- Renter occupied444 plus or minus 104
- Ownership rate76.4 percent
- Median owner-occupied home value$288,000
- Median gross rent, monthly$2,051
- Annual rent as a share of median income26.7 percent plus or minus 5.4
- Single family units1,574
- Share single family78.9 percent
- Units in buildings of two or more422 plus or minus 131
- Share in buildings of two or more21.1 percent plus or minus 6.4
- Mobile homes0
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wolverine Lake
How Wolverine Lake gets to work
- Workers 16 and over who commute2,106
- Commuting under 15 minutes503 plus or minus 136
- Share commuting under 15 minutes23.9 percent plus or minus 5.9
- Commuting 30 minutes or more744 plus or minus 166
- Share commuting 30 minutes or more35.3 percent
- Drove alone80.6 percent
- Carpooled3.2 percent plus or minus 2.1
- Public transport0.0 percent
- Walked1.5 percent plus or minus 2.0
- Worked from home14.6 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wolverine Lake
SBA loans in Wolverine Lake (7(a))
- Approvals3
- Gross approval$1,282,100
- Average approval$427,367
- Median approval$275,000
- Ninetieth percentile approval$812,500
- Largest approval$812,500
- Jobs supported8
- Jobs per approval2.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises66.7 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 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.
Wolverine Lake
Flood risk in Wolverine Lake
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260480
- Currently effective map date09/29/06(M)
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 Wolverine Lake
Oakland County context, not Wolverine 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 Wolverine 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 Wolverine 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
Wolverine Lake questions, answered from the record.
How many people live in Wolverine Lake, Michigan?
4,487, in 1,885 households. Wolverine Lake village covers 1.26 square miles of land, which is 3,567 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wolverine 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 Wolverine Lake?
$92,247. The median owner-occupied home is valued at $288,000. Median gross rent is $2,051 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wolverine Lake businesses?
3 7(a) approvals totalling $1.3 m, across 3 lenders, median approval $275,000. These count approvals to borrowers whose address is in Wolverine Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wolverine Lake borrowers get paid back?
No rate is published for Wolverine Lake. only 1 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 Wolverine Lake in the National Flood Insurance Program?
Yes. Wolverine Lake appears in the FEMA Community Status Book as community 260480, 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 Wolverine 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 Wolverine Lake.
Is zoning published for Wolverine Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.