Lake Orion is a very small village located in the state of Michigan. With a population of 2,858 people and 11 associated neighborhoods, Lake Orion is the 282nd largest community in Michigan. Lake Orion has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
Lake Orion real estate is some of the most expensive in Michigan, although Lake Orion house values don't compare to the most expensive real estate in the U.S.
Of important note, Lake Orion is also a village of artists. Lake Orion has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lake Orion’s character.
Telecommuters are a relatively large percentage of the workforce: 23.33% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lake Orion is a great place for families with children to consider. First of all, many other families with children live here, making Lake Orion a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Orion has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Orion’s overall crime rate is lower than average for the country.
One downside of living in Lake Orion is that it can take a long time to commute to work. In Lake Orion, the average commute to work is 30.35 minutes, which is quite a bit higher than the national average.
Being a small village, Lake Orion does not have a public transit system used by locals to get to and from work.
The education level of Lake Orion ranks among the highest in the nation. Of the 25-and-older adult population in Lake Orion, 49.64% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Lake Orion in 2022 was $56,041, which is wealthy relative to Michigan and the nation. This equates to an annual income of $224,164 for a family of four. However, Lake Orion contains both very wealthy and poor people as well.
Lake Orion is a somewhat ethnically-diverse village. The people who call Lake Orion home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Orion residents report their race to be White, followed by Asian. Important ancestries of people in Lake Orion include German, Irish, English, Polish, and French.
The most common language spoken in Lake Orion is English. Other important languages spoken here include Polish and Spanish.