Cost of Living in Wexford County, Michigan
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Wexford County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Wexford County ranks #1,789 of 3,142 counties for affordability (bottom 43%)
Sourced county brief
Wexford County Median Gross Rent Estimated at $897 Monthly
Median gross rent in Wexford County is estimated at $897 per month, which is $9 below the Michigan unweighted county mean of $906. The official median gross rent as a percentage of household income (GRAPI), found in ACS table B25071, is 31.0%. This figure is 2.1 percentage points higher than the state unweighted county mean GRAPI of 28.9%. Median renter-household income in the county was recorded at $35,971. The median home value is $170,400, which is below the Michigan unweighted county mean of $197,293. Median selected monthly owner costs for all owner-occupied units were estimated at $894, compared to the Michigan unweighted county mean of $918. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Wexford County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.0% of renter household income in Wexford County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $897 per month; median selected monthly owner costs are $894. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Michigan unweighted mean of county median rents is $906 per month. Wexford County's $897 median is 1.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Wexford County
Rent Burden
17.6%
of gross income
Max Housing (28% Rule)
$1,425
per month
Owner Cost Burden
17.6%
of gross income
You can likely afford the median home in Wexford County
Median home value is $170,400. Estimated monthly cost: $1,360 vs. your max of $1,425.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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