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ZipNumbers

Michigan · Census place 84940

Wayne city, MI

Quick answer

Wayne city has 17,413 residents, ranking #65 of 745 places in Michigan. Median household income is $54,467, the median home is worth $142,200 and median gross rent runs $924 a month.

Population
17,413Wayne city residents
Median household income
$54,467Past 12 months, inflation adjusted
Median home value
$142,200Owner-occupied units
Median gross rent
$924Rent plus utilities, monthly
Median age
39.5 yrsAll residents
Homeownership rate
57.8%Owner-occupied households

What the numbers mean in Wayne city

Housing cost measured against local earnings.

A household earning the Wayne city median would spend about 20.4% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.3% of residents and 57.8% 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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