Washtenaw County

Michigan ยท Pop. 372,258

Ranked #99 of 200 counties

42Moderate

Median Home Price

๐Ÿ 

$380K

3.0% YoY

Median Rent

๐Ÿ”‘

$1,500

Median Income

๐Ÿ’ฐ

$72K

Rent Burden

๐Ÿ“Š

28.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

5,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

2,800

Price-to-Income Ratio

โš–๏ธ

5.3x

Homeownership Rate

๐Ÿก

55.0%

How Washtenaw County Compares

MetricWashtenaw CountyMichiganNational
Home Price$380K$236K$410K
Rent$1,500$1,101$1,500
Income$72K$69K$75K
Rent Burden28.5%30.0%30.0%
Homeownership55.0%74.0%65.0%

Key Takeaways

  • โ€ข Home prices are 7% below the national average.
  • โ€ข Rent is about average the national average.
  • โ€ข The county has an estimated housing shortage of 5,000 units.
  • โ€ข 2,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.0%.