Median Income
$48,836
household / year
Median Home Value
$98,700
owner-occupied
Median Rent
$982
gross / month
Cost of Living
93
national avg = 100

Is Wolf Lake, MI a Good Place to Live?

Wolf Lake is a small town of 4,128 in Michigan, with a median household income of $48,836 and a 10.8% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Wolf Lake stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Wolf Lake is right for you depends on your priorities — the full breakdown is below.

All Wolf Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.7

Wolf Lake's overall cost of living index is 92.7, where 100 represents the US national average. Living in Wolf Lake costs roughly 7% less than the average American city.

Metric Wolf Lake, MI National Avg
Median Home Value $98,700 $244,900
Median Monthly Rent $982 $1,163
Homeownership Rate 86.0% 65.9%
Median Household Income $48,836 $74,755

Crime & Safety

Crime data for Wolf Lake is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Wolf Lake, MI National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 8.0% 35.4%
High School Diploma or Higher 89.1% 91.1%

Weather & Climate

Wolf Lake sees average highs of 32.5°F in January and 81.6°F in July, with 35.1 inches of annual precipitation and 87.2 inches of snow per year.

MetricWolf Lake, MI
Average High — January32.5°F
Average High — July81.6°F
Annual Precipitation35.1"
Annual Snowfall87.2"

Demographics

MetricWolf Lake, MINational Avg
Population4,128—
Median Age38.038.9
Unemployment Rate10.8%3.7%
Avg Commute Time29.7 min26 min
White (non-Hispanic)95.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.3%18.9%
Asian1.6%6.3%
Under 1820.6%22.2%
65 and over13.9%16.8%

Nearby Cities

Muskegon Heights, MI 7 mi Muskegon, MI 7 mi North Muskegon, MI 8 mi Norton Shores, MI 8 mi Fruitport, MI 9 mi

Wolf Lake vs Other Cities

Wolf Lake, MI vs Muskegon Heights, MI Wolf Lake, MI vs Muskegon, MI Wolf Lake, MI vs North Muskegon, MI Wolf Lake, MI vs Norton Shores, MI Wolf Lake, MI vs Fruitport, MI

Frequently Asked Questions

Wolf Lake's cost of living index is 93, where 100 is the national average. That makes Wolf Lake roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $98,700 and median rent is $982/month.
Crime data for Wolf Lake is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Wolf Lake, MI has a population of 4,128, a median household income of $48,836, and an unemployment rate of 10.8%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wolf Lake averages 32.5°F in January and 81.6°F in July. Annual rainfall is 35.1 inches with about 87.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Wolf Lake, Michigan is 4,128 with a median age of 38.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wolf Lake: cost of living index 93 (100 = US average), median home $98,700, median household income $48,836. Whether these are benefits or drawbacks depends on where you're coming from — compare Wolf Lake side by side with your current city to see the trade-offs.