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182nd most affordable of 199 in Metro Detroit

Cost of Living in Wixom, MI

A typical home in Wixom costs about $1,515 a month, 27.8% of the median household income of $65,485. That makes Wixom the 53rd most affordable of 56 places in Oakland County and 182nd of 199 across Metro Detroit.

Median rent a month
$1,035
Median home value
$365,200
Owner cost with a mortgage
$1,994
Of income on housing
27.8%

Wixom against Oakland County and the metro

Census median Wixom Oakland County Metro Detroit
Median rent (monthly) $1,035 $1,376 $1,207
Median home value $365,200 $343,600 $249,700
Owner cost with a mortgage (monthly) $1,994 $1,998 $1,720
Median household income (yearly) $65,485 $97,760 $76,664
Share of income on housing 27.8% 20.7% 22.9%

Ranked 53rd most affordable of 56 in Oakland County. See all 56.

Cost of living near Wixom

The towns around Wixom, each with its own page.

Living in Wixom

Wixom cost of living questions

5 questions

Is Wixom, MI expensive to live in?
A typical home in Wixom takes 27.8% of the median household income, against 22.9% across Metro Detroit, which ranks it 182nd most affordable of 199 places.
What is the average rent in Wixom?
The median gross rent is $1,035 a month, rent plus the utilities the renter pays, 14% below the metro.
How much does a house cost in Wixom?
Owners put the median home value at $365,200, 46% above the metro. With a mortgage, the median owner pays $1,994 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Wixom?
Spending no more than 30% of income on housing, the usual rule, a typical Wixom home at $1,515 a month calls for about $61,000 a year. The median household here earns $65,485.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Wixom. 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.