Washtenaw County
Michigan ยท Pop. 372,258
Ranked #99 of 200 counties
42Moderate
Median Home Price
๐$380K
3.0% YoY
Median Rent
๐$1,500
Median Income
๐ฐ$72K
Rent Burden
๐28.5%
% of income to rent
Housing Shortage
๐๏ธ5,000
estimated unit deficit
Building Permits (2024)
๐2,800
Price-to-Income Ratio
โ๏ธ5.3x
Homeownership Rate
๐ก55.0%
How Washtenaw County Compares
| Metric | Washtenaw County | Michigan | National |
|---|---|---|---|
| Home Price | $380K | $236K | $410K |
| Rent | $1,500 | $1,101 | $1,500 |
| Income | $72K | $69K | $75K |
| Rent Burden | 28.5% | 30.0% | 30.0% |
| Homeownership | 55.0% | 74.0% | 65.0% |
Key Takeaways
- โข Home prices are 7% below the national average.
- โข Rent is about average the national average.
- โข The county has an estimated housing shortage of 5,000 units.
- โข 2,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.0%.