Photo: Traveler100 · CC BY-SA 3.0Measured against area pay, Romulus costs less to live in than 58% of U.S. towns
It ranks #287 of 701 in Michigan for affordability. Up 1.6% in a year, 23% below the Michigan typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Detroit-Warren-Dearborn, MI metro area ($77K). How TownRatings grades cost of living
In dollars, homes in Romulus cost less than the Michigan typical home. But the grade compares costs with what households in the area earn, and Detroit-area incomes are lower too ($77K, against $74K for the typical U.S. town). Property tax takes 1.72% of a home’s value a year (Michigan: 1.25%), and 46% of renters pay 30% or more of income for housing.
In dollars
- $204Ktypical home, 23% below the Michigan typical homeZillow, September 2026
- $1,340a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 100prices across the Detroit metro, where the U.S. is 100 (housing 95)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.1 yrsof area income buys the typical home; the typical U.S. town: 3.3$77K, Detroit-area income
- 16%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 46%of renters pay 30%+ of income for housing; across Michigan: 50%Census 2020–24
- 24%of owners do; the typical U.S. town: 20%Census 2020–24
What Romulus’ housing numbers say
Homes haven’t kept up with new residents
Between the 2010 and 2020 censuses, Romulus gained 1,189 residents while 230 new homes were permitted: about 5.2 new residents per new home, against 1.2 across Michigan. New homes ↓
Low tax bills, but a high tax rate
The median tax bill is $2,744, under the Michigan median of $2,904, because homes cost less. As a share of value, though, it’s 1.72% a year, against 1.25% statewide. On the typical home, that’s about $290 a month. Property taxes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; sales and supply are Redfin’s for September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Romulus’ grade
Measured against what households in the area earn, Romulus is more affordable than 58% of U.S. towns, #287 of 701 in Michigan. The share of households paying 30%+ for housing pulls the grade down most; home prices hold it up.
Prices here have kept pace with Michigan: up 23.7% in five years, against 24.4% statewide (Zillow).
Up 23.7% in five years
About the same pace as Michigan (24.4%).
Show as a table
| January | Romulus | Michigan |
|---|---|---|
| 2017 | $99,000 | $142,000 |
| 2018 | $113,000 | $153,000 |
| 2019 | $126,000 | $164,000 |
| 2020 | $134,000 | $173,000 |
| 2021 | $150,000 | $192,000 |
| 2022 | $165,000 | $215,000 |
| 2023 | $174,000 | $228,000 |
| 2024 | $184,000 | $238,000 |
| 2025 | $197,000 | $250,000 |
| 2026 | $203,000 | $259,000 |
| September 2026 | $204,000 | $264,000 |
A typical Romulus home worth $98K in October 2016 is worth about $204K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, September 2026.
A typical home costs 2.1 years of area income
The calculator starts from the area income the grade uses. Switch to Romulus’s own median, or type yours.
That covers a typical Romulus home, with $65K to spare.
A two-bedroom rents for about $1,340 a month here, $20 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Romulus’s typical property tax (1.72% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,340
Renters already here pay a median of $1,049, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Detroit-Warren-Livonia, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
31 new homes permitted in 2025
Builders were permitted 31 new homes in Romulus in 2025, all single-family houses, worth about $3 million to build. That's 1.2 per 1,000 residents, slower than across Michigan (2.3). Over the past 10 years, Romulus has permitted 411 homes in all.
Between the 2010 and 2020 censuses, Romulus gained 1,189 residents while 230 new homes were permitted: about 5.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Michigan: 1.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 18 | 18 | 0 | $1.8 million |
| 2025 | 31 | 31 | 0 | $3 million |
| 2024 | 25 | 25 | 0 | $2.2 million |
| 2023 | 9 | 9 | 0 | $1.1 million |
| 2022 | 33 | 33 | 0 | $2.8 million |
| 2021 | 55 | 49 | 6 | $4.5 million |
| 2020 | 92 | 82 | 10 | $7.2 million |
| 2019 | 32 | 32 | 0 | $3.1 million |
| 2018 | 41 | 41 | 0 | $3.3 million |
| 2017 | 54 | 54 | 0 | $4.6 million |
| 2016 | 39 | 39 | 0 | $3.2 million |
| 2015 | 15 | 15 | 0 | $1.2 million |
| 2014 | 22 | 22 | 0 | $1.9 million |
| 2013 | 26 | 26 | 0 | $2.1 million |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $90,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 7 | 7 | 0 | $606,000 |
| 2008 | 14 | 14 | 0 | $1.4 million |
| 2007 | 37 | 37 | 0 | $4.3 million |
| 2006 | 155 | 155 | 0 | $15.8 million |
| 2005 | 311 | 213 | 98 | $28.5 million |
| 2004 | 265 | 245 | 20 | $25.1 million |
| 2003 | 140 | 118 | 22 | $13.3 million |
| 2002 | 141 | 141 | 0 | $12.7 million |
| 2001 | 186 | 166 | 20 | $15.5 million |
| 2000 | 282 | 170 | 112 | $20.5 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Low tax bills, but a high tax rate
The median bill is $2,744, under the Michigan median of $2,904, because homes cost less. As a share of value it’s 1.72% a year, against 1.25% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Romulus
Only figures published free for the whole country, each labeled with the area it covers: the Detroit-Warren-Dearborn, MI metro area, or Michigan. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 100 | MI 96 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 99 | MI 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 107 | MI 100 | metro | BEA, 2024 |
| Other services U.S. = 100 | 103 | MI 101 | metro | BEA, 2024 |
| Electricity cents per kWh, homes | 23.1¢ | U.S. 18.3¢ | state | EIA, July 2026 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Romulus vs. its neighbors
Of the 4 towns here with a Zillow value, Romulus has the 3rd-lowest. Van Buren Township has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Romulus | B | $204K | $160K | 1.72% | $1,340 |
| Taylor | B | $176K | $153K | 1.70% | $1,210 |
| Wayne | B | $172K | $158K | 1.67% | $1,140 |
| Huron Township | C− | $333K | $277K | 1.55% | $1,690 |
| Van Buren Township | C | — | $270K | 1.32% | $1,460 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Romulus
Is Romulus expensive to live in?
Measured against what households in the area earn, Romulus costs less than 58% of U.S. towns: a B for cost of living, #287 of 701 in Michigan. The typical home costs 2.1 years of the median household income of the Detroit-Warren-Dearborn, MI metro area ($77K).
How much does a house cost in Romulus?
About $204K, Zillow’s typical value for September 2026, up 1.6% in a year. The Michigan typical home is $264K.
What salary do you need to live in Romulus?
To buy the typical home with 20% down at 6.3%, about $58,000 a year, keeping the payment (about $1,360 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $54,000.
How much is rent in Romulus?
HUD puts a two-bedroom at about $1,340 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,049 (Census 2020–24).
What are property taxes in Romulus?
The median bill is $2,744 a year, 1.72% of the median home value (Michigan: $2,904, 1.25%), from the Census 2020–24.
Are home prices in Romulus going up?
Yes: up 1.6% in the past year and 23.7% in five years, against 24.4% across Michigan (Zillow).
Neighbors talk housing
What Romulus buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.