Introduction
Walled Lake, Michigan often catches people’s attention because, well, it actually has a lake—and it’s right in the middle of town. Located in Oakland County, this small city combines lake-centered living with everyday suburban convenience. If you’re thinking about moving here, this guide lays out what Walled Lake does well, where expectations should be realistic, and how it compares to nearby communities.
Cost of Living in Walled Lake, Michigan
The cost of living in Walled Lake is slightly higher than the Michigan average, with housing being the primary driver. According to U.S. Census Bureau American Community Survey data, median home values in Walled Lake are above statewide figures but generally lower than some neighboring Oakland County cities.
Utilities and transportation costs align closely with regional averages, according to Bureau of Labor Statistics data. Overall affordability falls in the mid-range for Oakland County, as reflected by BestPlaces.net and Niche.com comparisons.
Real Estate & Housing Overview
Walled Lake’s housing stock is largely made up of single-family homes, along with a smaller number of condos and townhomes. According to U.S. Census Bureau housing data, many homes were built between the 1950s and 1980s, with some newer infill development in recent years.
Lot sizes tend to be modest, reflecting the city’s compact layout. New construction opportunities are limited, and market activity is typically driven by resale inventory, according to regional MLS summaries cited by Niche.com.









