Can you afford to live in ANN ARBOR?
Median household income, home values and rent in ANN ARBOR, MI — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in ANN ARBOR.
Median household income: $81,089 — +44.8% since 2015 (not adjusted for inflation)
Median gross rent: $1,552/mo — +46.0% since 2015
Median home value, 2015 to 2023
- 2015: 240700
- 2023: 435100
Median household income
- ANN ARBOR: 81089
- Washtenaw County: 87156
- MI: 71149
- U.S.: 78538
Median gross rent
- ANN ARBOR: 1552
- Washtenaw County: 1400
- MI: 1084
- U.S.: 1348
Share of income a typical renter spends on rent: 34.9% — U.S.: 30.2%
What it means
Households here earn about what households nationally earn ($81,089 versus $78,538).
The typical renter here spends 34.9% of household income on rent, above the 30% level housing agencies use to define cost burden.
Since 2015, rent has risen faster than income here (+46.0% versus +44.8%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
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