Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

25 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,933

Average Rent as Percentage of Gross Income

Median rent for 2018: $734

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $10,827
--Home Prepared Food $6,101
--Restaurant/Takeaway Food $4,726
Alcoholic Beverages $795
Housing $27,444
--Rent/Mortgage/Upkeep/Taxes $16,048
--Utilities $5,532
--Operations $2,084
--Supplies $1,020
--Furnishings $2,771
Apparel $2,546
--Men & Boys $569
--Women & Girls $1,031
--Children < 2 $11
--Footwear $537
Transportation $13,330
--New Vehicles $2,492
--Used Vehicles $2,846
--Fuel $2,879
--Insurance $1,332
--Public Transit $1,117
Healthcare $6,789
Entertainment $4,404
--Pets $902
--Toys $215
Personal Care Products $1,053
Books & Literature $150
Education $1,923
Tobacco Products $473
Miscellaneous $1,353
Retirement $2,578
Non-health Insurance $9,968
Total Expenditures $83,632

Selected Population Data

Period Geography Population
2014 Lake Orion village, Michigan 3,036
2015 Lake Orion village, Michigan 3,038
2016 Lake Orion village, Michigan 3,040
2017 Lake Orion village, Michigan 3,116
2018 Lake Orion village, Michigan 3,131