Ann Arbor, MI
122,036Residents
$82,212Median household income
$1,649/moMedian gross rent
$453,400Median home value
27.7Median age
78%Adults with a bachelor’s degree or higher
46%Homes lived in by their owners
5.5×Home value to household income
Median rent takes about 24% of the median household income in Ann Arbor.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $66,000 a year. In Michigan that leaves roughly $4,367 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.