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Dearborn, MI Real Estate

Dearborn is a city in Wayne County, Michigan with a population of about 107,846. The median home value is near $205,900, and median rent runs around $1,264/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$205,900
Median Rent
$1,264/mo
Population
107,846
Median Income
$65,192
Median Age
32.6
Homeownership
68.2%

Monthly payment on a median Dearborn home

Example for a $205,900 home: 20% down, 30-yr at ~6.75%, MI property tax ~1.48%, 0.4% insurance.

Est. monthly (PITI)
$1,391
Principal & interest
$1,068
Property tax / mo
$254
Down payment (20%)
$41,180

Dearborn at a glance

  • 20.1% of residents 25+ hold a bachelor's degree or higher.
  • 68.2% of occupied homes are owner-occupied.
  • Median household income is $65,192.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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