C

Taylor, MI

Source:

Affordability Score: 56/100

Population: 63,131 · 1 ZIP codes

The affordability dashboard for Taylor, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 63,131 residents, then layers in county-level federal data to produce an overall grade of C (56/100). The headline inputs are median household income of $61,081, median home value of $152,600, median rent of $1,101 per month, and 16.4% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,411 per month (studio $1,009, 1BR $1,122, 3BR $1,724, 4BR $1,868). Department of Labor data lists infant center-based childcare at $9,214 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Taylor, MI include housing. Pressure points are education. Unemployment currently reads 7.0% and poverty 18.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$61,081
Median household income
Education F
16.4%
Bachelor's degree or higher
Housing A-
2.5x
Home value $152,600 vs income
Commute B-
22 min
Average commute time
Rent C
$1,411/mo
2BR fair market rent (28% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$9,214/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$61,081
▼ 1% vs national
Per Capita Income
$31,718
Unemployment Rate
7.0%
Poverty Rate
18.4%

Housing

Median Home Value
$152,600
▼ 45% vs national
Median Rent
$1,101/mo
Owner Occupied
66.7%
2BR Fair Market Rent
$1,411/mo
▲ 18% vs national

Fair Market Rents by Bedroom

Studio
$1,009
1BR
$1,122
2BR
$1,411
3BR
$1,724
4BR
$1,868

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
16.4%
▼ 14 ppt vs national
High School+
55.6%
Median Age
37.9
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
$9,214/yr
15% of income
Toddler (Center)
$9,214/yr
Preschool (Center)
$8,562/yr
School-Age (Center)
$7,419/yr

What This Means

Taylor, MI receives an overall affordability grade of C (56/100), aggregated from 1 ZIP codes with a total population of 63,131. This area performs well in housing. Challenges include education. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Taylor, MI affordable?
Taylor, MI receives an overall affordability grade of C (56/100) based on Census, HUD, FBI, and DOL data. Median household income is $61,081. Median home value is $152,600.
What is the cost of living in Taylor?
Key cost metrics: Median rent $1,101/mo. 2BR fair market rent $1,411/mo. Infant childcare $9,214/yr. Median home value $152,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →