Wayland, MI
Population 4,430 · Michigan
About Wayland, MI
Wayland is a small community in Michigan with a population of 4,430 residents. The median household income is $71,797 per year, which is above the national average. The median age in Wayland is 34.2 years.
Housing in Wayland has a median home value of $201,200 and median monthly rent of $1,085. Of the 1,851 total housing units, the majority are owner-occupied, with 1,200 owner-occupied and 518 renter-occupied units.
The unemployment rate in Wayland is 2.9% and the poverty rate is 10.2%. 25.6% of residents hold a bachelor's degree or higher. The average commute time is 23.6 minutes.
Cost of Living in Wayland, MI
Compared to national averages, Wayland has a median household income of $71,797 (4% below the national median of $75,149). Home values average $201,200, which is 18% below the national median. Monthly rent at $1,085 is 7% below the US average of $1,163. Within Michigan, Wayland's income is 9% above the state average of $66,017, and home values are 10% above the state median of $183,391.
Why Live in Wayland, MI?
Wayland offers affordable housing with a median home value of $201,200, below the US average of $244,900, and rent that’s lower than the national average at $1,085/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 10.2%, better than the national average, and short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($71,797) that falls below the national average. However, Wayland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wayland has a population of 4,430 with a median age of 34.2 years. Compare Wayland with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Wayland
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vandercook Lake | 4,434 | $52,337 | $125,800 | Compare |
| Bloomfield Hills | 4,412 | $200,318 | $942,900 | Compare |
| Wolverine Lake | 4,476 | $88,423 | $270,400 | Compare |
| Dexter | 4,495 | $103,182 | $401,800 | Compare |
| Hancock | 4,510 | $55,278 | $185,700 | Compare |
| Fremont | 4,532 | $57,000 | $169,500 | Compare |
| Middleville | 4,327 | $71,417 | $209,000 | Compare |
| Gaylord | 4,307 | $44,052 | $170,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wayland
What is the population of Wayland, MI?
The population of Wayland, MI is 4,430 according to the latest Census data.
What is the median household income in Wayland?
The median household income in Wayland, MI is $71,797 per year.
What is the median home value in Wayland?
The median home value in Wayland, MI is $201,200.
What is the average rent in Wayland?
The median monthly rent in Wayland, MI is $1,085.
What is the unemployment rate in Wayland?
The unemployment rate in Wayland, MI is 2.9%.