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Carleton, MI

Full City Profile · Michigan · Wayne County County

2.9 /5.0
C+ Fair
2,635 Population 2,662/sq mi density
$63,826 Median Income $31,928 per capita
$177,800 Home Value $314,298 Zillow
$871 Median Rent 22.4% income on rent
50°F Avg Temperature 260 sunny days/yr
224 Violent Crime/100K 1,680 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,826 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$177,800 home value, $871/mo rent
F
Safety
1.0 / 5.0
224 violent crimes/100K
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher

Housing Overview

Median Home Value
$177,800
37% below
US avg: $281,900
Median Rent
$871/mo
25% below
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
1,066
Median year built: 1978

Home Value by Source

Census Median
$177,800
Zillow (ZHVI)
$314,298
Median Sale Price
$292,500
Median List Price
$224,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.8%
Owner-Occupied
22.2%
Renter-Occupied
78%
22%
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: $871/mo

Market Indicators (Redfin)

Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
22.4%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
77.8%

Complete Housing Data

Home Values

Census Median Value$177,800
Zillow Home Value (ZHVI)$314,298
Median Sale Price$292,500
Median List Price$224,000
Price Per Sq Ft$184

Rent

Census Median Rent$871
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 Market45
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory2
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied77.8%
Renter-Occupied22.2%
Homeownership Rate77.8%
Total Housing Units1,066
Median Year Built1978
Rent Burden22.4%