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Walloon Lake, MI 49796 has a population of approximately 377 and experiences a population change rate of 117.92%. The population density is 186.1 / sq mi .
The median household income for Walloon Lake, MI 49796 is $73,583, with 171 households and an average household size of 2.04.
The median value of a home in Walloon Lake, MI 49796 is $555,700 with an appreciation rate of 21.40%. 48.90% of housing in the state is owned while 13.97% is rented.
The cost of living in Walloon Lake, MI 49796 is 114.3 %.
The unemployment rate in Walloon Lake, MI 49796 is 4.70%, and recent job growth is at -3.78%. Future job growth is projected at 30.67%.
The sales tax rate in Walloon Lake, MI 49796 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Walloon Lake, MI 49796 are $15,427, and the school ratio is 14.6:1.
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 32.9 inches per year, with 118.8 inches of snow per year.