Wedgewood, MI

Full City Profile · Michigan · Wexford County County

4.8 /5.0
A+ Excellent
273 Population 440/sq mi density
$133,125 Median Income $43,723 per capita
$300,000 Home Value $222,913 Zillow
45°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
5.0 / 5.0
$133,125 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$300,000 home value, /mo rent
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher

Wedgewood, MI

At a Glance

Median Income
$133,125
77% above
$43,723 per capita
Home Value
$300,000
6% above
Zillow: $222,913
Bachelor's Degree+
43.6%
29% above
98.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
36.5%
14% above
14.3% smoking rate
Avg Temperature
45°F

How Wedgewood Compares to the U.S. Average

Each bar shows Wedgewood's value as a percentage of the national average (100% = U.S. avg)

Income
177%
Home Value
106%
Poverty
0%
Bachelor's
129%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Wedgewood a Good Place to Live?

A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Wedgewood residents earn a median household income of $133,125 , which is 77% above the national average of $75,149. Per capita income is $43,723. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 895 business establishments, including 90 restaurants.

Housing & Cost of Living

The median home value in Wedgewood is $300,000 , 6% above the national median of $281,900. Zillow estimates the typical home at $222,913. The cost of living index is 96.2 (100 = national average). The median home was built in 1997.

Education

43.6% of adults in Wedgewood hold a bachelor's degree or higher (29% above the national average). 98.0% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Wedgewood has an average annual temperature of 45°F (7°C). Winters average 20°F in January while summers reach 69°F in July. Annual precipitation totals 35.2 inches. Air quality is rated Good with a median AQI of 34.

Data Overview

People

Population273
Median Age58.4 yrs
Density440/mi²
Male / Female44% / 56%
Foreign Born2.9%
Veterans4.0%

Economy

A+
Median Income$133,125
Per Capita$43,723
Unemployment0.0%
Poverty0.0%
County GDP$1,744M
Avg Weekly Wage$1,007

Housing

A+
Home Value$300,000
Rent
Ownership100.0%
Zillow$222,913
Housing Units83
Rent Burden29.3%

Health

Obesity36.5%
Diabetes8.7%
Smoking14.3%
Heart Disease5.3%
Premature Death10,389/100K

Climate

Avg Temp45°F
Rain35.2 in/yr
AQI34 (Good)
Elevation1,249 ft

Education

A
Bachelor's+43.6%
High School+98.0%
Graduate+25.1%
School Score5.4/10

Community

2024 VoteR 67% / D 32%
Commute18 min
Broadband95.7%
Internet Speed119 Mbps
EV Stations8
Libraries4

Did You Know?

The median home in Wedgewood was built in 1997.
20.2% work from home.
The nearest airport is Gaylord Regional (69 miles).
The Gini coefficient (income inequality) is 0.436 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
13.3% of the population has a disability.
Average internet download speed is 119 Mbps.
The county recorded 2 fatal vehicle crashes.