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Taylor, MI
Full City Profile · Michigan · Wayne County County
2.9
/5.0
C+
Fair
62,405
Population
2,642/sq mi density
$59,537
Median Income
$31,066 per capita
$141,200
Home Value
$172,173 Zillow
$1,036
Median Rent
25.3% income on rent
51°F
Avg Temperature
260 sunny days/yr
620
Violent Crime/100K
2,275 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$59,537 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$141,200 home value, $1,036/mo rent
F
Safety
1.0 / 5.0
620 violent crimes/100K (63% above avg)
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher
Housing Overview
Median Home Value
$141,200
50% below
US avg: $281,900
Median Rent
$1,036/mo
11% below
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
26,469
Median year built: 1963
Home Value by Source
Census Median
$141,200
Zillow (ZHVI)
$172,173
Median Sale Price
$164,000
Median List Price
$170,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.8%
Owner-Occupied
34.2%
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:
$1,036/mo
· Zillow rent:
$1,420/mo
Market Indicators (Redfin)
Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
28.4%
of listings with price reduction
Price Per Sq Ft
$146
Active Inventory
88
homes for sale
Affordability & Housing Stock
Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
65.8%
Complete Housing Data
Home Values
| Census Median Value | $141,200 |
| Zillow Home Value (ZHVI) | $172,173 |
| Median Sale Price | $164,000 |
| Median List Price | $170,000 |
| Price Per Sq Ft | $146 |
Rent
| Census Median Rent | $1,036 |
| Zillow Rent (ZORI) | $1,420 |
| 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 | 33 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.4% |
| Homes Sold | 29 |
| Active Inventory | 88 |
| Price Per Sq Ft | $146 |
Ownership & Stock
| Owner-Occupied | 65.8% |
| Renter-Occupied | 34.2% |
| Homeownership Rate | 65.8% |
| Total Housing Units | 26,469 |
| Median Year Built | 1963 |
| Rent Burden | 25.3% |