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Washtenaw County, MI

RANK #410 / 996  ·  POP 370,231  ·  MI

PROJECTED GROWTH: +1.0%

Washtenaw County's economy is holding up, but population decline raises questions about long-term trajectory.

[01] Why Washtenaw County?

Washtenaw County, Michigan, is distinguished by Ann Arbor, home to the University of Michigan, which anchors the county's identity. Located in southeast Michigan, it sits about 25 minutes from Detroit Metropolitan Airport, offering a blend of urban amenities and natural landscapes. The Huron River flows through towns like Dexter, Ann Arbor, and Ypsilanti, contributing to the area's outdoor recreation opportunities, including kayaking and hiking. Commuting within the county and to nearby cities like Detroit is facilitated by major roadways such as I-94, US-23, and M-14, alongside public transit options like TheRide, which serves Ann Arbor, Ypsilanti, and surrounding townships.

Life in Washtenaw County offers diverse community experiences, from the cultural activities in Ann Arbor to the smaller, walkable downtowns of towns like Chelsea, Dexter, and Saline. The county is known for its highly rated public schools, including Ann Arbor Public Schools and Washtenaw International High School, making it attractive to families. The economy has shifted from manufacturing towards automation, research, and healthcare, largely influenced by the University of Michigan and related technology companies. Recent economic developments include investments in data centers and energy sectors, alongside efforts to redevelop vacant properties into housing and commercial spaces.

[02] Market Snapshot

Housing Ratio
4.4x

Below national median (4.7x)

GDP Growth
+2.2%

Below national median

Home Prices
+2.0%

Above national median

Climate & Terrain
-2.2

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Washtenaw County U.S. National

The Numbers

DEMOGRAPHICS
Population
370,231
-0.59% YoY
Median Household Income
$84,245
Median Home Value
$336,300
+1.97% 12mo
Median Rent
$1,335
Average Annual Pay
$74,298
+5.0% YoY
Employment
217,948
+0.5% YoY
Income-to-Home-Value
0.2505
More affordable than average
Migration Inflow
5.59%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$372,500
Days on Market
54
Moderate pace
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
99.3%
Near asking price
Sold Above List
27.4%
Listings w/ Price Drops
17.9%
Building Permits (2024)
1,193
Single-Family Permits
557

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$9,930M
TOTAL
PROJECT AMOUNT STATUS
Stargate Michigan Campus (OpenAI, Oracle, Related Digital)
OpenAI, Oracle, Related Digital
$7,000M Planned
University of Michigan / Los Alamos National Laboratory High-Performance Computational Facility
University of Michigan, Los Alamos National Laboratory
$1,250M Proposed
Form8tion (Thor Equities) Data Center
Thor Equities (Form8tion unit)
$1,000M Proposed
Voyager Energy Storage
Voyager Energy Storage (electricity to be purchased by Consumers Energy)
$400M Planned
Washtenaw Solar Project
Invenergy (to be transferred to Consumers Energy)
$150M Proposed
White Tail Solar Project
Ranger Power (to be transferred to Consumers Energy)
$130M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.2% 41 percentile
Population Growth -0.6% 9 percentile
Income Growth +6.4% 11 percentile
Vacancy Rate 0.9% 68 percentile
Home Price Change +2.0% 59 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 14x 47 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Washtenaw County, MI a good place to move to?

Washtenaw County has a Boom Town Index score of 59/100, ranking #410 among 996 U.S. counties. With job growth at +0.5% and a median household income of $84,245, it's an above-average county on economic indicators.

Is Washtenaw County affordable?

The median home value in Washtenaw County is $336,300 with median rent at $1,335/month. The income-to-home-value ratio is 0.2505, which is more affordable than the national average.

Is Washtenaw County growing or shrinking?

Population growth: -0.6% year-over-year. Job growth: +0.5%. Home values changed +2.0% in the past 12 months.

Are people moving to Washtenaw County?

Yes — 5.59% of Washtenaw County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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