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Romulus, MI

Full City Profile · Michigan · Wayne County County

3.0 /5.0
B Good
24,951 Population 701/sq mi density
$72,235 Median Income $30,261 per capita
$149,100 Home Value $198,706 Zillow
$1,050 Median Rent 26.8% income on rent
51°F Avg Temperature 260 sunny days/yr
983 Violent Crime/100K 2,854 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$72,235 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$149,100 home value, $1,050/mo rent
F
Safety
1.0 / 5.0
983 violent crimes/100K (159% above avg)
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher

Housing Overview

Median Home Value
$149,100
47% below
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
9,729
Median year built: 1971

Home Value by Source

Census Median
$149,100
Zillow (ZHVI)
$198,706
Median Sale Price
$180,000
Median List Price
$199,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.8%
Owner-Occupied
29.2%
Renter-Occupied
71%
29%
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: $1,050/mo · Zillow rent: $1,114/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
17.1%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
35
homes for sale

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
70.8%

Complete Housing Data

Home Values

Census Median Value$149,100
Zillow Home Value (ZHVI)$198,706
Median Sale Price$180,000
Median List Price$199,900
Price Per Sq Ft$154

Rent

Census Median Rent$1,050
Zillow Rent (ZORI)$1,114
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 Market60
Sale-to-List Ratio1.0%
Price Drops17.1%
Homes Sold16
Active Inventory35
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied70.8%
Renter-Occupied29.2%
Homeownership Rate70.8%
Total Housing Units9,729
Median Year Built1971
Rent Burden26.8%