What is the median household income in Romulus, MI?
The median household income in Romulus, MI is $69,151 (±$8,013) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,049 a month would take about $42,000 a year at the common guideline of spending no more than 30% of income on rent.
In Romulus, the median household income went from $51,504 in 2015–2019 to $69,151 in 2020–2024 (+34.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $69,151 (±$8,013)
- Median renter income
- $41,185 (±$10,416)
- Income to afford median rent
- about $42,000
Income in Romulus against Wayne County, its state and the nation
| Romulus | Wayne County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $69,151 (±$8,013) | $60,539 (±$602) | $72,875 (±$293) | $80,734 |
| Median renter household income | $41,185 (±$10,416) | $37,565 (±$847) | $42,352 (±$376) | $52,966 |
| Median owner household income | $81,055 (±$9,876) | $77,774 (±$995) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,049 (±$109) | $1,132 (±$8) | $1,129 (±$4) | $1,413 |
In Romulus, median household income is higher than in Wayne County ($60,539).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Wayne County, Romulus ranks 26 of 43 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 770 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Romulus
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,049 a month ($12,588 a year) needs an income of about $42,000 a year.
The median renting household in Romulus earns $41,185 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $51,504 (±$3,502) | $69,151 (±$8,013) | +34.3% | No measurable change after inflation |
| Median gross rent | $933 (±$53) | $1,049 (±$109) | +12.4% | No measurable change after inflation |
| Median home value | $97,300 (±$8,875) | $159,500 (±$7,997) | +63.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Romulus
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Romulus | — | $69,151 (±$8,013) | — |
| Wayne | 3.9 mi | $59,038 (±$5,456) | Lower |
| Taylor | 5.0 mi | $61,081 (±$2,820) | Not measurably different |
| Inkster | 5.4 mi | $39,252 (±$5,394) | Lower |
| Huron Charter Township | 5.5 mi | $92,832 (±$7,407) | Higher |
| Van Buren Charter Township | 6.1 mi | $78,230 (±$5,245) | Not measurably different |
| Belleville | 6.2 mi | $62,991 (±$4,741) | Not measurably different |
| Westland | 6.6 mi | $62,076 (±$2,929) | Not measurably different |
| Garden City | 7.1 mi | $67,294 (±$5,058) | Not measurably different |
Nearby places with a measurably lower figure: Wayne, MI ($59,038), Inkster, MI ($39,252).
Nearby places with a measurably higher figure: Huron Charter Township, MI ($92,832).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Wayne County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 20 | Woodhaven | $78,648 (±$12,938) |
| 21 | Van Buren Charter Township | $78,230 (±$5,245) |
| 22 | Sumpter Township | $76,081 (±$4,941) |
| 23 | Riverview | $73,468 (±$5,071) |
| 24 | Wyandotte | $71,987 (±$3,288) |
| 25 | Redford Charter Township | $69,414 (±$3,814) |
| 26 | Romulus | $69,151 (±$8,013) |
| 27 | Garden City | $67,294 (±$5,058) |
| 28 | Southgate | $66,118 (±$3,369) |
| 29 | Dearborn | $65,324 (±$3,496) |
| 30 | Harper Woods | $65,022 (±$8,141) |
| 31 | Belleville | $62,991 (±$4,741) |
| 32 | Westland | $62,076 (±$2,929) |
Showing 13 of 43 places in Wayne County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Romulus
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Romulus beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Romulus, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Romulus, and send estimates and invoices from your phone.
Questions about Romulus
What is the median household income in Romulus?
The median household income in Romulus is $69,151 (±$8,013) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Romulus?
About $42,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,049 a month.
Have incomes in Romulus kept up with inflation?
In Romulus, the median household income went from $51,504 in 2015–2019 to $69,151 in 2020–2024 (+34.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Romulus?
The median renting household in Romulus, MI earns $41,185 (±$10,416) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Romulus city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Romulus city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Romulus city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Romulus city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Romulus city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Romulus city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Romulus city, Michigan (place:69420, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Romulus at a glance
- Median rent in Romulus
- Rent by bedrooms in Romulus
- Rent burden in Romulus
- Renters and owners in Romulus
- Home values in Romulus
- Homeowner costs in Romulus
- Property taxes in Romulus
- Types of homes in Romulus
- Bedrooms in Romulus
- Age of homes in Romulus
- Vacancy rate in Romulus
- Heating fuel in Romulus
- Commute and cars in Romulus
- Crime reported to police in Romulus
- Population growth in Romulus
- How long people stay in Romulus
- Crowding and facilities in Romulus
- Fair Market Rent in Romulus
- Michigan landlord and tenant rules
- Housing across Wayne County
- Michigan places ranked by median household income
- Housing data for every place in Michigan