Michigan

Cost of living, salaries, housing prices, taxes and population data for Michigan. Official U.S. government data.

Population
10,051,595
Latest data · 40.1 median age
Median Household Income
$71,149
Rank #35 of 50 · 2026
Median Home Value
$217,600
$2,795/yr property tax

Living in Michigan: autos reinvented, Great Lakes value

Michigan has moved well beyond the old auto story: EVs, batteries, engineering and a reviving Detroit coexist with healthcare, insurance and a strong university system. Manufacturing wages for skilled trades remain solid.

Housing is a genuine bargain outside Ann Arbor and prime Detroit suburbs, and even those trail the coasts. Property taxes run above average, winters test resolve. Michigan offers real upside for engineers, tradespeople and remote workers who want water, space and ownership.

Quick answers: Michigan

How does Michigan rank for household income?
The median household income in Michigan is $71,149, ranking #35 of 50 states in 2026.
What is the median home value in Michigan?
The median home value in Michigan is $217,600, with a median annual property tax bill of $2,795.

Michigan vs the national average

  • Income 6% below the national median ($75,561).
  • Median home value 20% below the national median ($272,900).

County Explorer — Michigan

2026 · 83 areas
County / Area ↕Studio ↕1 BR ↕2 BR ↓3 BR ↕4 BR ↕
Click any row to view details ↓

2BR Rent Trend 2020–2026

County vs County

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Latest data for 2026 · Historical trends from past years to 2026. Disclaimer · Click any county for deep dive.

Frequently asked questions

What data does this page show?

Cost of living, median income, rent, home prices and taxes in Michigan for 2026, with county explorer and historical trends from past years to 2026.

What is the cost of living in Michigan?

Housing, rent, income and taxes for Michigan with county explorer and trends — all on this page.

How to explore Michigan counties?

Open the county table to sort fair rents and compare counties side by side.

How current are the figures?

All figures reflect 2026 and update automatically from official sources.

Where do the numbers come from?

All figures are compiled from official U.S. government public data and refreshed automatically. LifeIndexData is 100% free to use and fully independent: we are not affiliated with, sponsored by, or compensated by any bank, lender or financial institution, and advertising never influences our data or rankings.

How do I cite this page?

LifeIndexData. "Michigan Cost of Living, Salary & Housing Data 2026" (2026). https://lifeindexdata.com/usa/states/michigan/

Is this financial advice?

No. All data is informational only — see our Disclaimer before making decisions.