Taylor, MI — Momentum Score, Home Values & Best-For

All states·Michigan·Taylor

Wayne County · Detroit-Warren-Dearborn · population 61,544

AffordabilityShrinking
Taylor, MI
Image: Wikipedia · Taylor, Michigan
OverviewCost of livingMoving guide
View watchlist →
67
Rising
Momentum score · 0–100

Where Taylor stands

At or near all-time high. population shrinking 0.7% per year. rents up 5.3% in the last year.

Median home $178,027
1-year +1.9%
5-yr CAGR +5.2%
vs 5-yr peak -0.1%
Population -0.7%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-02$178k$73k$111k$148k$185k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
76/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,394/mo$1,098$1,302$1,506202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent115119100120202220242026

Rent vs buy

Price-to-rent ratio: 10.6
Buy

At a 10.6 price-to-rent ratio, buying generally beats renting in Taylor on a long-enough horizon. The headline math is that one year of mortgage payments approximates 10.6 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
59 · w22%
Home 5-yr CAGR
66 · w22%
Distance from peak
90 · w18%
Population growth
34 · w16%
Rent YoY
81 · w12%
Home 10-yr CAGR
83 · w10%
Long thesis

Taylor offers a $178,027 median home with +5.2% annualized 5-year appreciation. Affordability + positive trend is one of the better risk/reward setups in US residential — small downside, room to compound.

Short thesis

Taylor's population is shrinking 0.7% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.

About Taylor

Taylor is a city in Wayne County, Michigan, with an estimated population of 61,544. It anchors the Detroit-Warren-Dearborn metro area. The population has contracted 0.7% per year on average since 2020. The median home value in Taylor is $178,027 as of 2026-04, up 1.9% over the last 12 months. Over the last five years, home values have averaged +5.2% annual growth, with prices at or near the 5-year peak. Rents in Taylor average $1,394 per month, up 5.3% year-over-year. The composite momentum score is 67 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +5.2% annualized over 5 years, outpacing US inflation.
●Held the highs: currently -0.1% from the 5-year peak — this market refused to give back gains.
●Cheap entry point: $178,027 median home is well below the US median of $355k — room to grow without overpaying.
●Hot rental market: rents up 5.3% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

●Flat or shrinking population: -0.7% per year. Housing demand has to come from somewhere — verify the source.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Taylor (Wikipedia)

Taylor is a city in Wayne County in the U.S. state of Michigan. Its population was 63,409 at the 2020 census. Taylor is the fifth most-populated city in Wayne County and the 17th most-populated city in Michigan.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorTim Woolley
Area23.63 sq mi
Elevation614 ft
Organized1847 (Taylor Township)
NicknameTaylortucky
Mottoforce singular "Omnis auctorias populo est" "Made For You"
Density2685.00/sq mi

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Wayne County right now.

NWS active alerts (MI)Michigan Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Wayne County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Taylor

1 tracked · ranked by median home value
1Tipping Point$226,001+1.4%

Cities like Taylor

Lincoln Park, MI66 · RisingSouthgate, MI67 · RisingWestland, MI66 · RisingGarden City, MI65 · Rising

Run the numbers for Taylor

ToolCan I afford Taylor?Income → city shortlistToolROI on a Taylor rentalCap rate, cash-on-cash, DSCRToolCompare Taylor to anywhereSide-by-side up to 3 citiesToolTaylor cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
30° / 16°
avg high / low
Summer (Jul)
82° / 61°
avg high / low
Sunny days/yr
175
~48% of year
Annual precip
33″ rain
50″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Moderate
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Detroit-Warren-Dearborn area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Taylor listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$68,500
Michigan state median
Top industries (state-level)
Manufacturing (auto)HealthcareTech (Detroit)

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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