152nd most affordable of 199 in Metro Detroit
Cost of Living in Taylor, MI
A typical home in Taylor costs about $1,178 a month, 23.1% of the median household income of $61,081. That makes Taylor the 27th most affordable of 42 places in Wayne County and 152nd of 199 across Metro Detroit.
- Median rent a month
- $1,101
- Median home value
- $152,600
- Owner cost with a mortgage
- $1,254
- Of income on housing
- 23.1%
Taylor against Wayne County and the metro
| Census median | Taylor | Wayne County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,101 | $1,132 | $1,207 |
| Median home value | $152,600 | $178,500 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,254 | $1,556 | $1,720 |
| Median household income (yearly) | $61,081 | $60,539 | $76,664 |
| Share of income on housing | 23.1% | 26.6% | 22.9% |
Ranked 27th most affordable of 42 in Wayne County. See all 42.
Cost of living near Taylor
The towns around Taylor, each with its own page.
- Westland Rent $1,158 · Home $184,600 164th most affordable in the metro
- Huron Township Rent $1,527 · Home $276,700 150th most affordable in the metro
- Dearborn Heights Rent $1,331 · Home $185,100 183rd most affordable in the metro
- Southgate Rent $1,120 · Home $173,600 155th most affordable in the metro
- Allen Park Rent $1,246 · Home $183,700 87th most affordable in the metro
- Romulus Rent $1,049 · Home $159,500 114th most affordable in the metro
- Brownstown Township Rent $1,196 · Home $272,700 69th most affordable in the metro
- Lincoln Park Rent $1,023 · Home $131,000 141st most affordable in the metro
Living in Taylor
- Homes for sale in Taylor Listings and off-market deals
- Rentals in Taylor Houses and apartments for rent
- Taylor neighborhoods Every neighborhood on a map
- Taylor crime rate From Taylor's own police reports
- Cost of living in Wayne County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Taylor city guide Pros, homes and city services
Taylor cost of living questions
5 questions
Is Taylor, MI expensive to live in?
A typical home in Taylor takes 23.1% of the median household income, against 22.9% across Metro Detroit, which ranks it 152nd most affordable of 199 places.
What is the average rent in Taylor?
The median gross rent is $1,101 a month, rent plus the utilities the renter pays, 9% below the metro.
How much does a house cost in Taylor?
Owners put the median home value at $152,600, 39% below the metro. With a mortgage, the median owner pays $1,254 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Taylor?
Spending no more than 30% of income on housing, the usual rule, a typical Taylor home at $1,178 a month calls for about $47,000 a year. The median household here earns $61,081.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Taylor. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.