Living in Dexter, Michigan
Cost of living, income, home prices, rent and demographics of Dexter · Census data 2020–2024
Dexter has 4,521 residents with a median age of 43.4. The median household income is $106,637 (46% higher than the Michigan median), the median home value is $421,000, the median rent is $1,761/month.
Dexter at a glance
- Population
- 4,521
- Median age
- 43.4State: 40.2
- Median household income
- $106,637State: $72,875
- Median home value
- $421,000State: $231,600
- Median rent
- $1,761/moState: $1,129
- Homeowners
- 77.2%
- Bachelor's degree or higher
- 70.3%
- Average commute
- 24 min
Is Dexter a good place to live?
Pros: Median household income 46% higher than the Michigan median; an average commute of 24 minutes; unemployment of 2.1%; a poverty rate of 0.8%.
Cons: Home values 82% higher than the state median.
The weather is best in June to September.
Cost of living in Dexter
Housing is the biggest part of the cost of living. In Dexter the median home value is $421,000, 27% higher than the U.S. median. Renters pay a median of $1,761 per month, which is 31.8% of household income. Homeowners with a mortgage pay $2,277 a month in housing costs.
Dexter median household income
The median household income in Dexter is $106,637 and the income per person is $62,671. 0.8% of residents live below the poverty line (Michigan: 13.2%).
Housing in Dexter: homes for sale and rent
- Housing units
- 1,864
- Owner-occupied
- 77.2%
- Renter-occupied
- 22.8%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.46
Dexter demographics
- Population
- 4,521
- Median age
- 43.4
- Under 18
- 28.2%
- 65 and older
- 21.7%
- Households
- 1,840
- Foreign-born
- 2.3%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Dexter ›
Education in Dexter
70.3% of adults 25 and older in Dexter have a bachelor's degree or higher (Michigan: 32.4%), and 33.8% have a graduate or professional degree.
Jobs and commute in Dexter
- Unemployment rate
- 2.1%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 26.9%
- Drive alone
- 67.1%
- Public transit
- 0%
- Walk to work
- 3.2%
- Homes with broadband
- 95.3%
Dexter vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Dexter | 4,521 | $106,637 | $421,000 | $1,761 |
| Barton Hills | 430 | $250,001 | $1,410,000 | — |
| Chelsea | 5,426 | $72,098 | $312,700 | $1,619 |
| Ann Arbor | 122,036 | $82,212 | $453,400 | $1,649 |
| Whitmore Lake | 7,878 | $86,779 | $287,700 | $1,329 |
| Pinckney | 1,911 | $96,855 | $267,600 | $1,150 |
| Saline | 9,006 | $88,346 | $341,300 | $1,054 |
| Brighton | 7,688 | $80,682 | $339,000 | $1,198 |
| Ypsilanti | 19,857 | $46,588 | $232,700 | $1,080 |
More for people moving to Dexter
Dexter ZIP code ›Weather and climate ›Living in Dexter: FAQ
What is the median household income in Dexter, MI?
The median household income in Dexter is $106,637, 46% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Dexter?
The median home value in Dexter is $421,000, compared with $231,600 in Michigan.
How much is rent in Dexter?
The median gross rent in Dexter is $1,761 per month, about 31.8% of household income.
Is Dexter, MI a good place to live?
Pluses: median household income 46% higher than the Michigan median; an average commute of 24 minutes; unemployment of 2.1%; a poverty rate of 0.8%. Minuses: home values 82% higher than the state median.
What is the median age in Dexter?
The median age in Dexter is 43.4 years (Michigan: 40.2).
How long is the commute in Dexter?
The average commute to work in Dexter is 24 minutes; 26.9% of workers work from home.
What is the unemployment rate in Dexter?
The unemployment rate in Dexter is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Dexter?
70.3% of adults in Dexter have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: