Walloon Lake

Walloon Lake, Michigan is a prestigious inland lake community known for crystal-clear waters, luxury waterfront homes, and a peaceful Northern Michigan lifestyle. Located near Petoskey, Walloon Lake attracts buyers seeking privacy, natural beauty, and timeless lakefront living.

Property Listings

Walloon Lake is one of Northern Michigan’s most iconic and desirable lakefront communities, celebrated for its deep blue waters, scenic shoreline, and upscale homes. Just minutes from Petoskey, Walloon Lake offers an exceptional blend of privacy, recreation, and refined living that appeals to full-time residents, second-home buyers, and luxury investors.

Walloon Lake real estate includes luxury waterfront estates, historic cottages, private docks, and elegant year-round residences. The lake’s clarity and depth make it ideal for boating, swimming, and fishing, while the surrounding landscape provides a quiet, natural setting. Properties along Walloon Lake are known for strong long-term value, limited inventory, and high demand.

Residents enjoy easy access to Petoskey, Bay Harbor, Harbor Springs, and Charlevoix, offering dining, shopping, marinas, and cultural events throughout Northern Michigan. Whether you’re seeking a serene primary residence or a legacy waterfront retreat, Walloon Lake real estate delivers unmatched beauty, exclusivity, and lifestyle appeal.

Overview for Walloon Lake, MI

258 people live in Walloon Lake, where the median age is 49.9 and the average individual income is $68,260. Data provided by the U.S. Census Bureau.

258

Total Population

49.9 years

Median Age

Low

Population Density Population Density This is the number of people per square mile in a neighborhood.

$68,260

Average individual Income

Demographics and Employment Data for Walloon Lake, MI

Walloon Lake has 111 households, with an average household size of 2.32. Data provided by the U.S. Census Bureau. Here’s what the people living in Walloon Lake do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 258 people call Walloon Lake home. The population density is 190.43 and the largest age group is Data provided by the U.S. Census Bureau.

258

Total Population

Low

Population Density Population Density This is the number of people per square mile in a neighborhood.

49.9

Median Age

62.79 / 37.21%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
111

Total Households

2.32

Average Household Size

$68,260

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes
Walloon Lake
Work With Jamie

Work With Jamie

Jamie Woodall specializes in luxury homes, new construction, commercial and vacant land across Northern Michigan–from stunning waterfront locations to desirable mountain-view estates.

Follow Me on Instagram