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The total population of Lake Orion is estimated to be 2,915 with 1,340 males (45.97%) and 1,575 females (54.03%). There are 235 more females than males in Lake Orion.
The median household income in Lake Orion was $98,093 in 2021, which marked an a decrease of 10,523(9.69%) from $108,616 in 2020. This income is 131.48% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Orion sees its highest median household income among householders in the age group of 45 to 64 years old, at $122,249. Overall, the median household income for the village of Lake Orion stands at $98,093.
In Lake Orion, the median income for all workers aged 15 years and older, regardless of work hours, was $71,316 for males and $35,857 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,733 for males and $57,846 for females.
In Lake Orion, population is primarily represented by White households, reporting a median income of $98,363.
In 2022, the population of Lake Orion was 2,877, a 0.69% decrease year-by-year from 2021. Previously, in 2021, Lake Orion's population was 2,897, an increase of 0.38% compared to a population of 2,886 in 2020.
The median age in Lake Orion, MI is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.16% were under the age of 15, 18.25% aged 15 to 29, 48.01% aged 30 to 64, 12.29% aged 65 to 84, and 5.27% were 85 years of age and older.
Racial distribution of Lake Orion population: 94.79% are White, 0.38% are Black or African American, 2.77% are Asian, 0.72% are some other race and 1.34% are multiracial.