Ann Arbor is a mid-sized city in MI with a population of 117,070 residents. With a median home price of $559,373 (60% above the national median) and median household income of $66,017, Ann Arbor is considered very expensive with a price-to-income ratio of 8.5x.
The real estate market in Ann Arbor features a median home price of $559,373, which is 60% higher than the U.S. national median of $350,000. Monthly rent averages $2,331, 55% above the national average. Over the past decade, rent has increased by 53%.
Ann Arbor has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Ann Arbor offers a median household income of $66,017, which is 6% lower than the national median of $70,000. Residents spend approximately 42% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Ann Arbor is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Ann Arbor compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Ann Arbor is $559,373, with average monthly rent of $2,331. The median household income is $66,017, giving the city a price-to-income ratio of 8.5x.
Ann Arbor is considered expensive with a price-to-income ratio of 8.5x, above the national average of 5x.
Ann Arbor has a population of 117,070 residents, making it the #213 largest city in the United States.
Ann Arbor has a violent crime rate of 491 per 100,000 residents, which is near the national average. The property crime rate is 1367 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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