Orchard Lake Village, MI Real Estate

According to census data in the year 2000 there were 805 housing units in Orchard Lake Village. This represents a 5.9% growth from 760 in 1990.

Of those housing units, 805 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Orchard Lake Village is about 97.5%. Orchard Lake Village's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Orchard Lake Village were built after 1976.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.90%
Two Bedrooms7.10%
Three Bedrooms29.20%
Four Bedrooms45%
Five Bedrooms or more17.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1976
Median Value of occupied units$571,700
Median Price asked for vacant units$781,300

Rented Homes, Apartments and Condos

Average Household Size1.42
Median year structure was built1981

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan10.60%
Simple Mortgage58.40%
Debt Free25.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20%