Yep. Mains electricity is ubiquitous, highly interoperable, very reliable, very high power available per drop, can be outdoor capable, common standards, understandable by users, requiring no active components, with many on-call experts available who can come to fix problems or extend/alter connectivity. Mains power wall plates with inbuilt USB power outlets are even available at quite small cost if the look of the bigger plug and wiring is not appealing.
PoE is much fewer of those things. Difficult to recommend it these days with wifi being fast and reliable and so widely used. Certainly not for average residential user.
That's half the equation. The other half is the reliability and security of wifi, which is less than that of ethernet for people without physical access to my wall innards
On the other hand, _all_ the WiFi devices that I had at some point fell off the network, at least once. Including doorbells and cameras. While PoE devices just work.
Another point is that mains power in my area can go down periodically. My PoE switch is powered by a Li-Ion UPS and can provide power for about a day.