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These days, finding an affordable place to live in the Wixom area can be challenging. Home prices in Wixom are now at a median cost of $311,169, higher than the Michigan average of $250,415.
The average cost of rent is $1,069/mo in Wixom, primarily driven by the current value of real estate in the Wixom area. In Wixom, 52.81% of households rent, and 44.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wixom is $6,870 per month. Households that rent pay about 15.57% of their income on rent here. Wixom’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wolverine Lake, MI: equally priced homes
- Walled Lake, MI: equally priced homes
- Novi, MI: higher priced homes
- Commerce Township, MI: higher priced homes
- New Hudson, MI: higher priced homes
- Milford, MI: higher priced homes
- West Bloomfield, MI: higher priced homes
- Northville, MI: higher priced homes
- South Lyon, MI: higher priced homes
- White Lake, MI: equally priced homes
Cities with Similar Populations
- Alsip, IL: less expensive homes
- Alum Rock, CA: higher priced homes
- Newton Center, MA: higher priced homes
- North Ogden, UT: higher priced homes
- North Myrtle Beach, SC: higher priced homes
- North Massapequa, NY: higher priced homes
- North Bellmore, NY: higher priced homes
- North Bay Shore, NY: higher priced homes
- Nogueras, PR: less expensive homes
- Niles, OH: less expensive homes
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