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Cadillac, MI
Full City Profile · Michigan · Wexford County County
3.1
/5.0
B
Good
10,404
Population
1,250/sq mi density
$50,512
Median Income
$26,901 per capita
$117,500
Home Value
$222,913 Zillow
$806
Median Rent
29.0% income on rent
45°F
Avg Temperature
270 sunny days/yr
497
Violent Crime/100K
3,392 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$50,512 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$117,500 home value, $806/mo rent
F
Safety
1.0 / 5.0
497 violent crimes/100K (31% above avg)
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher
Housing Overview
Median Home Value
$117,500
58% below
US avg: $281,900
Median Rent
$806/mo
31% below
US avg: $1,163/mo
Homeownership Rate
68.3%
4% above US avg (65.4%)
Total Housing Units
5,046
Median year built: 1969
Home Value by Source
Census Median
$117,500
Zillow (ZHVI)
$222,913
Median Sale Price
$197,000
Median List Price
$194,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.3%
Owner-Occupied
31.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$806/mo
Market Indicators (Redfin)
Median Days on Market
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
42
homes for sale
Affordability & Housing Stock
Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
68.3%
Complete Housing Data
Home Values
| Census Median Value | $117,500 |
| Zillow Home Value (ZHVI) | $222,913 |
| Median Sale Price | $197,000 |
| Median List Price | $194,900 |
| Price Per Sq Ft | $169 |
Rent
| Census Median Rent | $806 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 57 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 5 |
| Active Inventory | 42 |
| Price Per Sq Ft | $169 |
Ownership & Stock
| Owner-Occupied | 68.3% |
| Renter-Occupied | 31.7% |
| Homeownership Rate | 68.3% |
| Total Housing Units | 5,046 |
| Median Year Built | 1969 |
| Rent Burden | 29.0% |