
Home Price Key
These days, finding an affordable place to live in the Taylor area can be challenging. Home prices in Taylor are now at a median cost of $120,853, lower than the Michigan average of $196,062.
The average cost of rent is $949/mo in Taylor, primarily driven by the current value of real estate in the Taylor area. While nearly 59.73% of residents own their homes outright in Taylor, 52.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Taylor is $4,022 per month. Households that rent pay about 23.60% of their income on rent here. Taylor's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Allen Park, MI: higher priced homes
- Southgate, MI: higher priced homes
- Lincoln Park, MI: less expensive homes
- Romulus, MI: higher priced homes
- Inkster, MI: less expensive homes
- Riverview, MI: higher priced homes
- Wyandotte, MI: higher priced homes
- Melvindale, MI: less expensive homes
- Dearborn Heights, MI: higher priced homes
- Ecorse, MI: less expensive homes
Cities with Similar Populations
- Burnsville, MN: higher priced homes
- Mechanicsville, VA: higher priced homes
- Wylie, TX: higher priced homes
- Woodland, CA: higher priced homes
- Tamiami, FL: higher priced homes
- Niagara Falls, NY: less expensive homes
- Martinsburg, WV: higher priced homes
- Laguna Niguel, CA: higher priced homes
- Hot Springs, AR: higher priced homes
- Goldsboro, NC: higher priced homes
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