Cost of Living in Wexford County, Michigan

$877/mo
Median Monthly Rent
$160,300
Median Home Value
0% above state averageUnaffordable

At a Glance

Median Monthly Rent
$877/mo
0% above state average
Median Home Value
$160,300
43% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Wexford County Compares

Median monthly rent comparison

Wexford County$877/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$877/mo
Median Gross Rent
$160,300
Median Home Value
$885/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wexford County, Michigan

Wexford offers affordable housing options

Wexford County's rent-to-income ratio of 16.7% aligns closely with national affordability standards and sits just above the national benchmark. With a median household income of $63,123 and median rent of $877, Wexford residents maintain more balanced housing-to-income ratios than many U.S. peers.

Wexford hits Michigan's affordability sweet spot

Wexford's 16.7% rent-to-income ratio nearly matches Michigan's 16.3% state average, making it one of the state's more affordable counties. The median rent of $877 aligns almost perfectly with the state median of $873, suggesting Wexford represents typical Michigan housing cost dynamics.

Wexford is Michigan's affordability leader

At $877 monthly rent and $885 in homeowner costs, Wexford is significantly cheaper than Washtenaw ($1,400 rent, 60% higher) and Wayne ($1,087 rent, 24% higher). This affordability advantage stems partly from lower median incomes, but housing remains more accessible relative to what residents earn.

How Wexford residents allocate housing costs

Renters spend $877 monthly and homeowners pay $885 on a median home value of $160,300, with both figures consuming approximately 16.7% of the $63,123 median household income. This allocation leaves Wexford households with more discretionary income than counterparts in Wayne or Washtenaw.

Wexford: Michigan's most accessible option

If affordability is your priority, Wexford County offers $877 rent and $160,300 median home values on a $63,123 median income—Michigan's tightest alignment of housing costs to earnings. Relocators trading big-city wages for small-town living will find Wexford substantially more accessible than Washtenaw or Wayne.

Affordability Calculator

See how your income compares to housing costs in Wexford County

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$1,473

per month

Owner Cost Burden

16.8%

of gross income

You can likely afford the median home in Wexford County

Median home value is $160,300. Estimated monthly cost: $1,280 vs. your max of $1,473.

Rent Affordability Guide

Your rent-to-income ratio16.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wexford County, Michigan?
Wexford County, Michigan has a median monthly rent of $877/mo and a median home value of $160,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Wexford County?
The median gross rent in Wexford County is $877/mo. This is 0% above state average for Michigan.
Is Wexford County affordable?
Wexford County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wexford County's rent compare to the state average?
Wexford County's median rent of $877/mo is 0% above state average of $873/mo for Michigan.
What is the median home value in Wexford County?
The median home value in Wexford County, Michigan is $160,300. This is 43% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.