Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wayne County area can be challenging. Home prices in Wayne County are now at a median cost of $161,236, lower than the Michigan average of $196,062.
The average cost of rent is $1,086/mo in Wayne County, primarily driven by the current value of real estate in the Wayne County area. While nearly 50.65% of residents own their homes outright in Wayne County, 35.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wayne County is $5,322 per month. Households that rent pay about 20.41% of their income on rent here. Wayne County's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Washtenaw County, MI: higher priced homes
- Jackson County, MI: equally priced homes
- Calhoun County, MI: less expensive homes
- Kalamazoo County, MI: higher priced homes
- Van Buren County, MI: equally priced homes
- Chautauqua County, NY: less expensive homes
- Cattaraugus County, NY: less expensive homes
- Lake County, IL: higher priced homes
- McHenry County, IL: higher priced homes
- Allegany County, NY: less expensive homes
Counties with Similar Populations
- Miami-Dade County, FL: higher priced homes
- Kings County, NY: higher priced homes
- Dallas County, TX: higher priced homes
- Riverside County, CA: higher priced homes
- Multnomah County, OR: higher priced homes
- Pinellas County, FL: higher priced homes
- Pima County, AZ: higher priced homes
- Oklahoma County, OK: higher priced homes
- New York County, NY: higher priced homes
- New Haven County, CT: higher priced homes
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