Wayne, MI
Full City Profile · Michigan · Wayne County County
2.8
/5.0
C+
Fair
17,413
Population
2,893/sq mi density
$54,467
Median Income
$28,960 per capita
$142,200
Home Value
$168,058 Zillow
$924
Median Rent
30.7% income on rent
51°F
Avg Temperature
260 sunny days/yr
714
Violent Crime/100K
1,760 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$54,467 median income, 6.0% unemployment
A+
Affordability
5.0 / 5.0
$142,200 home value, $924/mo rent
F
Safety
1.0 / 5.0
714 violent crimes/100K (88% above avg)
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher
Housing Overview
Median Home Value
$142,200
50% below
US avg: $281,900
Median Rent
$924/mo
21% below
US avg: $1,163/mo
Homeownership Rate
57.8%
12% below US avg (65.4%)
Total Housing Units
7,902
Median year built: 1959
Home Value by Source
Census Median
$142,200
Zillow (ZHVI)
$168,058
Median Sale Price
$180,000
Median List Price
$195,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.8%
Owner-Occupied
42.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,009/mo
1 Bedroom
$1,122/mo
2 Bedroom
$1,411/mo
3 Bedroom
$1,724/mo
4 Bedroom
$1,868/mo
Census median rent:
$924/mo
· Zillow rent:
$1,274/mo
Market Indicators (Redfin)
Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
19.2%
of listings with price reduction
Price Per Sq Ft
$137
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
57.8%
Complete Housing Data
Home Values
| Census Median Value | $142,200 |
| Zillow Home Value (ZHVI) | $168,058 |
| Median Sale Price | $180,000 |
| Median List Price | $195,000 |
| Price Per Sq Ft | $137 |
Rent
| Census Median Rent | $924 |
| Zillow Rent (ZORI) | $1,274 |
| FMR Studio | $1,009 |
| FMR 1-Bedroom | $1,122 |
| FMR 2-Bedroom | $1,411 |
| FMR 3-Bedroom | $1,724 |
| FMR 4-Bedroom | $1,868 |
Market
| Days on Market | 58 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.2% |
| Homes Sold | 15 |
| Active Inventory | 26 |
| Price Per Sq Ft | $137 |
Ownership & Stock
| Owner-Occupied | 57.8% |
| Renter-Occupied | 42.2% |
| Homeownership Rate | 57.8% |
| Total Housing Units | 7,902 |
| Median Year Built | 1959 |
| Rent Burden | 30.7% |
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