Cost of Living in Wolverine Lake, MI
Population 4,476 · Michigan · Data vintage 2023
(100 = US avg)
Wolverine Lake sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.
Wolverine Lake sits roughly 20 miles northwest of Dearborn — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% higher than Dearborn's $206,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wolverine Lake
The median home value in Wolverine Lake is $270,400 — 11% below the national median of $305,000. Median rent runs $1,678/month, 28% higher than the national median of $1,314/month. The median household income of $88,423/year is 19% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Wolverine Lake has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.
Wolverine Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Wolverine Lake, MI?
Wolverine Lake has a cost index of 104 (100 = national average). It is 4% above the national average.
What is average rent in Wolverine Lake, MI?
The median gross rent in Wolverine Lake is $1,678 per month based on 2023 Census data.
What is the average home price in Wolverine Lake?
The median home value in Wolverine Lake is $270,400 according to 2023 Census ACS data.
What is the median income in Wolverine Lake?
The median household income in Wolverine Lake is $88,423 per year (2023 ACS 5-year estimates).
What is the sales tax in Wolverine Lake, MI?
The combined state and local sales tax rate in Wolverine Lake is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Wolverine Lake, MI affordable?
Wolverine Lake is near the national average in terms of cost of living, with an index of 104 (100 = US average).
Wolverine Lake at a Glance
- Population
- 4,476
- Median Income
- $88,423
- Home Value
- $270,400
- Median Rent
- $1,678/mo
- Unemployment
- 2.9%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
Similar Cost Cities
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