Walled Lake, MI
7,299Residents
$72,055Median household income
$1,419/moMedian gross rent
$224,200Median home value
40.4Median age
33%Adults with a bachelor’s degree or higher
62%Homes lived in by their owners
3.1×Home value to household income
Median rent takes about 24% of the median household income in Walled Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $57,000 a year. In Michigan that leaves roughly $3,796 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.