Michigan · Census place 84880
Wayland city, MI
Quick answer
Wayland city has 4,430 residents, ranking #194 of 745 places in Michigan. Median household income is $71,797, the median home is worth $201,200 and median gross rent runs $1,085 a month.
- Population
- 4,430Wayland city residents
- Median household income
- $71,797Past 12 months, inflation adjusted
- Median home value
- $201,200Owner-occupied units
- Median gross rent
- $1,085Rent plus utilities, monthly
- Median age
- 34.2 yrsAll residents
- Homeownership rate
- 69.8%Owner-occupied households
What the numbers mean in Wayland city
Housing cost measured against local earnings.
A household earning the Wayland city median would spend about 18.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.2% of residents and 69.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Dexter city 4,495
- Wolverine Lake village 4,476
- Vandercook Lake CDP 4,434
- Bloomfield Hills city 4,412
- Middleville village 4,327
- Gaylord city 4,307
- Caro city 4,284
Keep going
More Michigan coverage.