Living in Taylor, Michigan
Cost of living, income, home prices, rent and demographics of Taylor · Census data 2020–2024
Taylor has 62,081 residents with a median age of 37.9. The median household income is $61,081 (16% lower than the Michigan median), the median home value is $152,600, the median rent is $1,101/month.
Taylor at a glance
- Population
- 62,081
- Median age
- 37.9State: 40.2
- Median household income
- $61,081State: $72,875
- Median home value
- $152,600State: $231,600
- Median rent
- $1,101/moState: $1,129
- Homeowners
- 66.7%
- Bachelor's degree or higher
- 16.4%
- Average commute
- 22 min
Is Taylor a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 16% lower than the Michigan median; unemployment of 7%; a poverty rate of 18.4%.
The weather is best in June to September.
Cost of living in Taylor
Housing is the biggest part of the cost of living. In Taylor the median home value is $152,600, 54% lower than the U.S. median. Renters pay a median of $1,101 per month, which is 26.2% of household income. Homeowners with a mortgage pay $1,254 a month in housing costs.
Taylor median household income
The median household income in Taylor is $61,081 and the income per person is $31,718. 18.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in Taylor: homes for sale and rent
- Housing units
- 26,537
- Owner-occupied
- 66.7%
- Renter-occupied
- 33.3%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.44
Taylor demographics
- Population
- 62,081
- Median age
- 37.9
- Under 18
- 22.9%
- 65 and older
- 16.8%
- Households
- 25,228
- Foreign-born
- 6.7%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Taylor ›
Education in Taylor
16.4% of adults 25 and older in Taylor have a bachelor's degree or higher (Michigan: 32.4%), and 4.2% have a graduate or professional degree.
Jobs and commute in Taylor
- Unemployment rate
- 7%State: 5.7%
- Average commute
- 22 minState: 24 min
- Work from home
- 10%
- Drive alone
- 79.6%
- Public transit
- 0.4%
- Walk to work
- 2.5%
- Homes with broadband
- 88.5%
Taylor vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Taylor | 62,081 | $61,081 | $152,600 | $1,101 |
| Southgate | 29,366 | $66,118 | $173,600 | $1,120 |
| Allen Park | 27,925 | $81,655 | $183,700 | $1,246 |
| Lincoln Park | 39,257 | $58,616 | $131,000 | $1,023 |
| Riverview | 12,186 | $73,468 | $215,100 | $1,101 |
| Romulus | 24,831 | $69,151 | $159,500 | $1,049 |
| Inkster | 25,428 | $39,252 | $80,400 | $1,170 |
| Melvindale | 12,554 | $42,185 | $125,800 | $1,110 |
| Wyandotte | 24,489 | $71,987 | $166,900 | $972 |
More for people moving to Taylor
Taylor ZIP code ›Weather and climate ›Living in Taylor: FAQ
What is the median household income in Taylor, MI?
The median household income in Taylor is $61,081, 16% lower 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 Taylor?
The median home value in Taylor is $152,600, compared with $231,600 in Michigan.
How much is rent in Taylor?
The median gross rent in Taylor is $1,101 per month, about 26.2% of household income.
Is Taylor, MI a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 22 minutes. Minuses: median household income 16% lower than the Michigan median; unemployment of 7%; a poverty rate of 18.4%.
What is the median age in Taylor?
The median age in Taylor is 37.9 years (Michigan: 40.2).
How long is the commute in Taylor?
The average commute to work in Taylor is 22 minutes; 10% of workers work from home.
What is the unemployment rate in Taylor?
The unemployment rate in Taylor is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Taylor?
16.4% of adults in Taylor 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.
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