Economics of the Village

olake house
A House on Orchard Lake http://mioaklandcounty.com/2008/03

Since Orchard Lake is located in a prosperous part of Oakland County that is also surrounded by lakes in every direction, its property value is very high.  Expansive property on one of these gorgeous lakes is in very high demand, causing the lands of Orchard Lake to be such a hot commodity.  The average household income in the area is about $160,000, resulting in it being the most prosperous city in the state of Michigan.  Along with the wealthy residential areas in Orchard Lake, there are two elite country clubs located within the village, Orchard Lake Country Club and Pine Lake Country Club, which add to the area’s wealth.