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Wedgewood, MI
Full City Profile · Michigan · Wexford County County
3.9
/5.0
B+
Good
273
Population
440/sq mi density
$133,125
Median Income
$43,723 per capita
$300,000
Home Value
$222,913 Zillow
44°F
Avg Temperature
270 sunny days/yr
565
Violent Crime/100K
3,304 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
565 violent crimes/100K (49% above avg)
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher
Income Overview
Median Household Income
$133,125
77% above
US avg: $75,149
Per Capita Income
$43,723
12% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Wedgewood vs. U.S. Average
Each bar shows Wedgewood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$133,125
177%
Per Capita
US: $39,052
$43,723
112%
IRS Avg AGI
US: $72,000
$55,837
78%
Avg Weekly Wage
US: $1,432
$1,007
70%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,007
30% below US avg ($1,432)
Mean Commute Time
18 min
37% below US avg (28 min)
Work From Home
20.2%
33% above US avg (15.2%)
Drive Alone
45.9%
37% below US avg (73.2%)
Public Transit
5.5%
10% above US avg (5.0%)
County GDP
$1,744M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
45.9%
Public Transit
5.5%
Work From Home
20.2%
Other
28.4%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
895
Restaurants
90
Healthcare
112
Retail
176
Manufacturing
50
Tax & Financial
IRS Avg Adjusted Gross Income
$55,837
22% below US avg ($72,000)
Avg Property Tax
$4,662
33% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $133,125 |
| Per Capita Income | $43,723 |
| IRS Avg Adjusted Gross Income | $55,837 |
| Avg Weekly Wage | $1,007 |
| County GDP | $1,744M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 45.9% |
| Public Transit | 5.5% |
| Work From Home | 20.2% |
Businesses
| Total Establishments | 895 |
| Restaurants | 90 |
| Healthcare | 112 |
| Retail | 176 |
| Manufacturing | 50 |
Tax
| IRS Avg AGI | $55,837 |
| Avg Property Tax | $4,662 |