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9th most affordable of 199 in Metro Detroit

Cost of Living in Wales Township, MI

A typical home in Wales Township costs about $1,227 a month, 16.3% of the median household income of $90,417. That makes Wales Township the 1st most affordable of 30 places in St. Clair County and 9th of 199 across Metro Detroit.

Median rent a month
$869
Median home value
$273,700
Owner cost with a mortgage
$1,584
Of income on housing
16.3%

Wales Township against St. Clair County and the metro

Census median Wales Township St. Clair County Metro Detroit
Median rent (monthly) $869 $1,029 $1,207
Median home value $273,700 $224,600 $249,700
Owner cost with a mortgage (monthly) $1,584 $1,469 $1,720
Median household income (yearly) $90,417 $71,270 $76,664
Share of income on housing 16.3% 21.0% 22.9%

Ranked 1st most affordable of 30 in St. Clair County. See all 30.

Cost of living near Wales Township

The towns around Wales Township, each with its own page.

Living in Wales Township

Wales Township cost of living questions

5 questions

Is Wales Township, MI expensive to live in?
A typical home in Wales Township takes 16.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 9th most affordable of 199 places.
What is the average rent in Wales Township?
The median gross rent is $869 a month, rent plus the utilities the renter pays, 28% below the metro.
How much does a house cost in Wales Township?
Owners put the median home value at $273,700, 10% above the metro. With a mortgage, the median owner pays $1,584 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Wales Township?
Spending no more than 30% of income on housing, the usual rule, a typical Wales Township home at $1,227 a month calls for about $49,000 a year. The median household here earns $90,417.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Wales Township. 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.