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.
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.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
Average individual Income
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.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
Men vs Women
Population by Age Group
0-9 Years
10-17 Years
18-24 Years
25-64 Years
65-74 Years
75+ Years
Education Level
Total Households
Average Household Size
Average individual Income
Households with Children
With Children:
Without Children:
Marital Status
Blue vs White Collar Workers
Blue Collar:
White Collar:
Jamie Woodall specializes in luxury homes, new construction, commercial and vacant land across Northern Michigan–from stunning waterfront locations to desirable mountain-view estates.