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Cost of Living in Wexford County, MI

Population 34,077 · Census ACS 2020–2024 5-year estimates

Median rent$897
Median home value$170,400
Median household income$61,085

The median rent in Wexford County, MI is $897/month, 21% lower than the Michigan median and 37% lower than the U.S. median. The median home value is $170,400, 49% lower than the national median. Households earn a median of $61,085 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 17.6%
Income needed for median rent (30% rule): $35,880/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $862/mo

Run your own numbers: mortgage calculator · hourly to salary

Wexford County vs. Michigan vs. U.S.

Wexford CountyMichiganU.S.
Median rent$897$1,129$1,413
Median home value$170,400$231,600$332,700
Median household income$61,085$72,875$80,734
Homeownership rate80.9%73.2%65.2%
Bachelor's degree or higher21.3%32.4%35.7%
Poverty rate13.9%13.2%12.5%
Unemployment rate5.3%5.7%5.2%
Work from home7.1%13.5%15.1%
Median age42.240.238.9

FAQ

What is the average rent in Wexford County, MI?

The median gross rent in Wexford County, MI is $897 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Wexford County, MI?

Using the common 30% rule, renting a median-priced home takes about $35,880 a year in gross income.

Is Wexford County, MI expensive to live in?

Rent there is 37% lower than the U.S. median, and the median home costs about 2.8 times the median household income.

Other counties in Michigan

Wayne County, MIRent $1,132 · Income $60,539Oakland County, MIRent $1,376 · Income $97,760Macomb County, MIRent $1,211 · Income $77,837Kent County, MIRent $1,243 · Income $82,631Genesee County, MIRent $989 · Income $62,281Washtenaw County, MIRent $1,463 · Income $89,180

Counties with a similar cost of living

Jefferson County, FLRent $898 · Income $61,212Pottawatomie County, OKRent $894 · Income $61,398Stephens County, OKRent $895 · Income $61,620Randolph County, NCRent $887 · Income $61,022Kanawha County, WVRent $906 · Income $60,943Ross County, OHRent $906 · Income $61,303

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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