Median Age
46 Years
Largest Age Group
55-64 Years
Approximately 17% of Residents
Under 20
20%
Over 65
22%
Avg Rent
$1,134
Population
4,482
Renter Mix
14% Rent
Wolverine Lake is a small Oakland County village where the lake isn't just a backdrop - it's the reason the whole community exists. Daily life here revolves around the water, from morning walks along wide, tree-lined streets to afternoons out on the lake. The village spans just about two square miles, and the relaxed, close-knit atmosphere makes it feel more like a year-round retreat than a Detroit-area suburb. Neighboring communities like Walled Lake, Commerce Township, and Novi are minutes away for dining, shopping, and entertainment.
The rental inventory is made up of mostly small apartment communities, some that are just one building. Townhomes and a small number of rental homes round out the options.
The village was officially incorporated in 1954, but its story starts decades earlier when a local dentist led the effort to combine six small streams and marshes into one lake. That origin gives Wolverine Lake something few communities can claim: every home, every street, and every resident gathering traces back to one ambitious dam project completed in March 1923. Oakland Community College's Highland Lakes campus is roughly a 17-minute drive away, and the Detroit metro job market is accessible within about 40 minutes.
Median Household Income
$103,336
Average: $119,986
Education
1,500
Residents Have a Degree
Job Market
2,350
Workers Employed
Median Age
46 Years
Largest Age Group
55-64 Years
Approximately 17% of Residents
Under 20
20%
Over 65
22%
Housing Distribution
Wolverine Lake has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of September 2026, the average apartment rent in Wolverine Lake, MI is $1,134 for one bedroom, and $2,221 for two bedrooms. Apartment rent in Wolverine Lake has increased by 9.3% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Wolverine Lake, MI is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.