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The total population of Orchard Lake Village is estimated to be 2,342 with 1,193 males (50.94%) and 1,149 females (49.06%). There are 44 less females than males in Orchard Lake Village.
The median household income in Orchard Lake Village was $220,236 in 2021, which marked an a decrease of 16,307(6.89%) from $236,543 in 2020. This income is 295.20% 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, Orchard Lake Village sees its highest median household income among householders in the age group of 45 to 64 years old, at $270,229. Overall, the median household income for the city of Orchard Lake Village stands at $220,236.
In Orchard Lake Village, the median income for all workers aged 15 years and older, regardless of work hours, was $126,762 for males and $35,570 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $180,930 for males and $80,467 for females.
In Orchard Lake Village, there are just three different racial groups among households. Among these, Asian households report a median household income of $270,229, followed by White households at $221,250, and Black or African American households with a median household income of $220,506.
In 2022, the population of Orchard Lake Village was 2,210, a 0.50% decrease year-by-year from 2021. Previously, in 2021, Orchard Lake Village's population was 2,221, a decline of 0.45% compared to a population of 2,231 in 2020.
The median age in Orchard Lake Village, MI is 49.4, as per 2021 ACS 5-Year Estimates. Of the total population, 18.50% were under the age of 15, 17.69% aged 15 to 29, 42.28% aged 30 to 64, 20.63% aged 65 to 84, and 0.89% were 85 years of age and older.
Racial distribution of Orchard Lake Village population: 74.99% are White, 6.85% are Black or African American, 0.13% are American Indian and Alaska Native, 9.87% are Asian, 4.89% are some other race and 3.28% are multiracial.