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The total population of Walled Lake is estimated to be 7,262 with 3,531 males (48.62%) and 3,731 females (51.38%). There are 200 more females than males in Walled Lake.
The median household income in Walled Lake was $60,740 in 2021, which marked an a decrease of 109(0.18%) from $60,849 in 2020. This income is 81.41% 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, Walled Lake sees its highest median household income among householders in the age group of 25 to 44 years old, at $73,852. Overall, the median household income for the city of Walled Lake stands at $60,740.
In Walled Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $39,704 for males and $31,145 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,951 for males and $47,423 for females.
In Walled Lake, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $96,039, followed by White households at $61,081, and Black or African American households with a median household income of $57,199.
In 2022, the population of Walled Lake was 7,318, a 1.06% increase year-by-year from 2021. Previously, in 2021, Walled Lake's population was 7,241, an increase of 0.21% compared to a population of 7,226 in 2020.
The median age in Walled Lake, MI is 41.7, as per 2021 ACS 5-Year Estimates. Of the total population, 14.35% were under the age of 15, 17.76% aged 15 to 29, 53.81% aged 30 to 64, 13.22% aged 65 to 84, and 0.87% were 85 years of age and older.
Racial distribution of Walled Lake population: 84.80% are White, 6.71% are Black or African American, 5.30% are Asian, 0.32% are some other race and 2.88% are multiracial.