The typical owner-occupied home in Washtenaw County is worth about $374,100, 62% above the Michigan median of $231,600 and 12% above the national median of $332,700. Owners pay a median $5,678 a year in property taxes, about 1.52% of their home's value, higher than the Michigan rate of 1.25%. The median household earns $89,180 a year, so the median home costs 4.2 times the median income (3.2 times for Michigan). 62% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Washtenaw County at a glance
| Washtenaw County | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $374,100 | $231,600 | $332,700 |
| Median property tax paid per year | $5,678 | $2,904 | $3,119 |
| Property tax as a share of value | 1.52% | 1.25% | 0.94% |
| Median household income | $89,180 | $72,875 | $80,734 |
| Homes lived in by their owners | 62% | 73% | 65% |
| Owner homes with a mortgage | 64% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,150 | $1,569 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 19.3% | 21.0% |
| Median rent | $1,463 | $1,129 | $1,413 |
| Rent as a share of renters' income | 33.7% | 30.2% | 30.6% |
| Median year homes were built | 1978 | 1972 | 1980 |
| Vacant homes | 5.8% | 11.8% | 10.1% |
| Population | 369,822 | 10,077,761 | 334,922,499 |
What a typical home costs per month in Washtenaw County
At this week's average 30-year rate of 7.11%, buying the median Washtenaw County home of $374,100 with 20% down costs about $2,643 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,266, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $113,272 for the 20%-down payment. That payment is 36% of the median Washtenaw County household income of $89,180; at that income and 20% down, the 28% guideline points to a home of about $295,000.
The median rent here is $1,463 a month, so owning the median home costs about $1,180 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $74,820 |
|---|---|
| Loan amount | $299,280 |
| Principal and interest | $2,013 |
| Property taxes (1.52% a year) | $474 |
| Homeowners insurance (our estimate, 0.5% a year) | $156 |
| PMI | $0 |
| Total per month | $2,643 |
Change the numbers in the calculator
| Down payment | $13,094 |
|---|---|
| Loan amount | $367,324 |
| Principal and interest | $2,471 |
| Property taxes (1.52% a year) | $474 |
| Homeowners insurance (our estimate, 0.5% a year) | $156 |
| FHA mortgage insurance | $165 |
| Total per month | $3,266 |
Change the numbers in the calculator
Questions about home buying in Washtenaw County
What is the median home value in Washtenaw County?
About $374,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Washtenaw County?
Homeowners pay a median $5,678 a year, which is about 1.52% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Washtenaw County?
For the median home with 20% down at 7.11%, the payment is about $2,643 a month. Keeping that under 28% of gross income takes about $113,272 a year.
More about Washtenaw County
- Mortgage Refinance in Washtenaw County
- Debt Relief in Washtenaw County
- Home Equity Loans in Washtenaw County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data