Lake Orion is a very small village located in the state of Michigan. With a population of 2,877 people and 11 associated neighborhoods, Lake Orion is the 282nd largest community in Michigan. Much of the housing stock in Lake Orion was built prior to World War II, making it one of the older and more historic villages in the country.
Lake Orion home prices are not only among the most expensive in Michigan, but Lake Orion real estate also consistently ranks among the most expensive in America.
Also of interest is that Lake Orion has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Lake Orion telecommute to their jobs. Overall, about 16.66% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
In addition, Lake Orion is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
In Lake Orion, however, the average commute to work is quite long. On average, people spend 30.82 minutes each day getting to work, which is significantly 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 citizens of Lake Orion are among the most well-educated in the nation: 43.41% of adults in Lake Orion have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Lake Orion in 2022 was $49,695, which is wealthy relative to Michigan and the nation. This equates to an annual income of $198,780 for a family of four. However, Lake Orion contains both very wealthy and poor people as well.
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, Italian, and Polish.
The most common language spoken in Lake Orion is English. Other important languages spoken here include Spanish and Polish.