Cost of Living and Housing in Wyoming, Michigan

Wyoming has about 77,353 residents. Median gross rent is $1,196 per month and median household income is $73,677.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,196/mo 28% below the dataset median

Median Home Value $225,200 40% below the dataset median

Median Household Income $73,677 12% below the dataset median

Owner-Occupied Homes 67% Share of occupied housing units

Rent-to-Income Baseline 19% Annual median rent ÷ household income

Home Value-to-Income 3.1x Median value ÷ household income

How Wyoming compares

Rent is 28% below the dataset median, while household income is 12% below the dataset median. Within Michigan, Wyoming ranks #34 from lowest to highest rent and #21 from highest to lowest household income among 59 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Michigan

Frequently asked questions

What is the median rent in Wyoming?

Median gross rent is $1,196 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Wyoming?

The median value of owner-occupied homes is $225,200 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Wyoming is $73,677 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.