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Wayne, MI Housing

 
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As of 2010-2014, median price of a house in Wayne is $66,000, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The Wayne median house value has shrunk by 30.45% since 2000. The growth rate for the price of a house in Wayne is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Wayne was built is 1957, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,949 Owner Occupied Houses in Wayne, MI, #578
Wayne, MI
66,000 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #595
Wayne, MI
-30.45%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Wayne, MIMichiganU.S.
Total Housing Units7,716, see rank, 100%4,532,719132,741,033
Occupied Housing Units6,869, 89.02%, see rank84.45%87.55%
Owner Occupied3,949, 51.18%, see rank60.41%56.34%
Renter Occupied2,920, 37.84%, see rank24.04%31.21%
Vacant Housing Units847, 10.98%, see rank15.55%12.45%
For Rent217, 2.81%, see rank1.84%2.34%
For Sale Only179, 2.32%, see rank1.40%1.20%
Rented or Sold, Not Occupied69, 0.89%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use35, 0.45%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant347, 4.50%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #440
Wayne, MIMichiganU.S.
195719691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Wayne, MI%MichiganU.S.
Owner-Occupied Units3,949100%2,738,01274,787,460
With a Mortgage2,73969.36%, see rank63.63%65.58%
Without a Mortgage1,21030.64%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Wayne, MI
1,111 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWayne, MI%MichiganU.S.
$299 or Less220.80%, see rank0.19%0.20%
$300 to $499281.02%, see rank1.88%1.59%
$500 to $6991756.39%, see rank6.65%5.01%
$700 to $99987932.09%, see rank19.56%14.32%
$1,000 to $1,4991,14741.88%, see rank34.69%27.90%
$1,500 to $1,99931511.50%, see rank20.06%20.35%
$2,000 to $2,9991736.32%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wayne, MI
26.60% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wayne, MI%MichiganU.S.
10% or Less1184.31%, see rank5.90%5.86%
10% to 20%78328.59%, see rank35.28%31.95%
20% to 30%73726.91%, see rank27.51%27.64%
30% to 40%48417.67%, see rank12.63%13.74%
40% or More60722.16%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Wayne, MI
491 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWayne, MI%MichiganU.S.
$199 or Less584.79%, see rank4.74%7.76%
$200 to $299806.61%, see rank12.46%14.70%
$300 to $49948940.41%, see rank40.41%34.63%
$500 to $69942635.21%, see rank25.95%21.16%
$700 or More15712.98%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wayne, MI
13.70% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wayne, MI%MichiganU.S.
10% or Less37831.24%, see rank35.33%40.19%
10% to 20%46538.43%, see rank33.76%31.47%
20% to 30%22818.84%, see rank13.39%12.24%
30% to 40%806.61%, see rank6.18%5.64%
40% or More463.80%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Wayne, MIMichiganU.S.
Total Housing Units7,716, 100%4,532,719132,741,033
1-unit, Detached5,157, 66.84%, see rank71.97%61.65%
1-unit, Attached574, 7.44%, see rank4.66%5.82%
2 Units112, 1.45%, see rank2.58%3.75%
3 or 4 Units308, 3.99%, see rank2.56%4.43%
5 to 9 Units398, 5.16%, see rank4.20%4.78%
10 or More Units1,156, 14.98%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.11, 0.14%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Wayne, MIMichiganU.S.
Total Housing Units7,716, 100%4,532,719132,741,033
1 Room234, 3.03%, see rank1.24%1.95%
2 Rooms118, 1.53%, see rank1.78%2.48%
3 Rooms578, 7.49%, see rank7.14%9.13%
4 Rooms1,322, 17.13%, see rank14.38%16.60%
5 Rooms2,278, 29.52%, see rank21.00%20.41%
6 Rooms1,732, 22.45%, see rank20.07%18.06%
7 Rooms745, 9.66%, see rank13.45%12.27%
8 Rooms271, 3.51%, see rank9.27%8.48%
9 Rooms or More438, 5.68%, see rank11.67%10.60%
Median Rooms5.20, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Wayne, MIMichiganU.S.
Total Housing Units7,716, 100%4,532,719132,741,033
No Bedroom234, 3.03%, see rank1.35%2.17%
1 Bedroom995, 12.90%, see rank9.11%11.16%
2 Bedrooms2,059, 26.68%, see rank26.33%26.69%
3 Bedrooms3,550, 46.01%, see rank43.93%39.70%
4 Bedrooms793, 10.28%, see rank15.80%16.05%
5 or More Bedrooms85, 1.10%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Wayne, MIMichiganU.S.
Total Housing Units6,869, 100%3,827,880116,211,092
Utility Gas6,128, 89.21%, see rank77.13%48.85%
Bottled, Tank, or LP Gas38, 0.55%, see rank8.48%4.86%
Electricity573, 8.34%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.30, 0.44%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood34, 0.49%, see rank3.39%2.12%
Solar Energy7, 0.10%, see rank0.02%0.05%
Other Fuel39, 0.57%, see rank0.86%0.47%
No Fuel Used20, 0.29%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWayne, MIMichiganU.S.
Occupied Units Paying Rent2,738, 100%1,028,83539,201,928
$199 or Less48, 1.75%, see rank1.86%1.50%
$200 to $29989, 3.25%, see rank3.88%3.18%
$300 to $499294, 10.74%, see rank9.32%7.37%
$500 to $6991,011, 36.92%, see rank23.63%16.01%
$700 to $999807, 29.47%, see rank35.23%29.17%
$1,000 to $1,499489, 17.86%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$682, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Wayne, MIMichiganU.S.
Occupied Housing Units6,869, 100%3,827,880116,211,092
No Vehicles Available917, 13.35%, see rank7.97%9.12%
1 Vehicles Available2,466, 35.90%, see rank35.06%33.80%
2 Vehicles Available2,510, 36.54%, see rank38.45%37.48%
3 or More Vehicles Available976, 14.21%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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