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ZipNumbers

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

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