Owosso, MI
14,632Residents
$54,229Median household income
$784/moMedian gross rent
$132,600Median home value
38.9Median age
21%Adults with a bachelor’s degree or higher
68%Homes lived in by their owners
2.4×Home value to household income
Median rent takes about 17% of the median household income in Owosso.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $31,000 a year. In Michigan that leaves roughly $2,148 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.