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Taylor, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
62,081
Population
$61,081
Median Income
$152,600
Home Value
37.9
Median Age

Demographics

Taylor has a population of 62,081 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:

White
67.0%
Black
19.2%
Hispanic
7.6%
Other
4.0%
Asian
2.2%
Demographic Value
Total Population62,081
Median Age37.9
White67.0%
Black or African American19.2%
Asian2.2%
Hispanic or Latino7.6%
Other / Two or More Races4.0%
Taylor, Michigan — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 67.0%Black: 19.2%Hispanic/Latino: 7.6%Other: 4.0%Asian: 2.2%62,081PopulationWhiteWhite67.0%BlackBlack19.2%Hispanic/LatinoHispanic/Latino7.6%OtherOther4.0%AsianAsian2.2%

Income & Economy

The median household income in Taylor is $61,081, which is 24.2% below the national median of $80,610. The per capita income is $31,718. The poverty rate is 18.4%.

$61,081
Median Household Income
$31,718
Per Capita Income
18.4%
Poverty Rate

Employment

The unemployment rate in Taylor is 4.4%, compared to the national rate of 4.1%.

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Education

In Taylor, 86.6% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
86.6%
Bachelor's+
16.4%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher86.6%
Bachelor's Degree or Higher16.4%
Graduate or Professional Degree4.2%

Housing

The median home value in Taylor is $152,600, below the national median of $303,400. The median monthly rent is $1,101. The homeownership rate is 66.7%.

$152,600
Median Home Value
$1,101/mo
Median Rent
66.7%
Homeownership Rate
Housing Metric Value
Median Home Value$152,600
Median Monthly Rent$1,101
Homeownership Rate66.7%
Vacancy Rate4.9%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Taylor, Michigan?
The population of Taylor, Michigan is 62,081 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Taylor, Michigan?
The median household income in Taylor, Michigan is $61,081. This is 24.2% below the national median of $80,610.
What is the median home value in Taylor, Michigan?
The median home value in Taylor, Michigan is $152,600. The median monthly rent is $1,101.
What percentage of people in Taylor have a college degree?
In Taylor, Michigan, 16.4% of adults age 25 and older hold a bachelor's degree or higher, and 86.6% have a high school diploma or higher.
Is Taylor, Michigan an affordable place to live?
The home price-to-income ratio in Taylor, Michigan is 2.5x (median home value $152,600 vs. median income $61,081), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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