Wexford County, Michigan
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Wexford County Compares
Detailed Income Statistics
Income Advisory: Wexford County
Income Verdict
Wexford County has a median household income of $63,123 and per capita income of $32,302 — a gap of $30,821, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $877/month and a median household income of $63,123, rent consumes approximately 16.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $63,123, residents of Wexford County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $32,302 is in line with national norms for individual earners.
Neighbor Context
Wexford County earns approximately 1.8% below the Michigan state median household income of $64,304.
Data Story
About Household Income in Wexford County, Michigan
Wexford's income barely meets national baseline
Wexford County's median household income of $63,123 runs about 15% below the national median of $74,755. Like much of rural Michigan, the county's economy relies on smaller employers and service sectors that typically offer lower wages than national averages.
Slightly above Michigan's struggling average
Wexford County's $63,123 median household income sits just barely below Michigan's state average of $64,304, placing it near the middle of the state's county rankings. The county's economic profile mirrors many of Michigan's rural regions, blending agriculture, small manufacturing, and tourism.
Better than Detroit, far behind university hub
Wexford County earns $3,602 more than Wayne County ($59,521) but $24,033 less than Washtenaw County ($87,156). While Wexford outpaces post-industrial Wayne, it remains substantially behind Washtenaw's knowledge-economy premium.
Housing costs sit at healthy levels
Wexford County's 16.7% rent-to-income ratio is the lowest among the three counties, giving renters genuine breathing room in their budgets. The median home value of $160,300 is also the most affordable, making both renting and homeownership relatively accessible for median-earning households.
Leverage affordability for financial security
Wexford's low cost of living—especially housing—gives households earning near the median a genuine advantage in building savings. With housing consuming just 17% of income, households have room to direct funds toward retirement accounts, education savings, or investment vehicles that compound wealth over time.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Wexford County
Your income is above the Wexford County median
County median: $63,123 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,260) vs. median rent ($877/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.