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Michigan Affordability

How affordable is Michigan real estate?

Public Record + Census ACS
Median Home Price
$327.2K
Median Household Income
$68,505
Affordability Index
4.78
vs National Avg
-29.9%

Cities in Michigan by Affordability

#CityMedian PriceIndex
1 Kingsley $50K 0.73
2 Flint $114.4K 1.67
3 Detroit $144.1K 2.10
4 Benton Harbor $154.7K 2.26
5 Warren $164.1K 2.39
6 Roseville $175.7K 2.56
7 Lansing $211K 3.08
8 Mount Pleasant $222.8K 3.25
9 Adrian $229.3K 3.35
10 Kalamazoo $243.4K 3.55
11 Battle Creek $247.7K 3.62
12 Jackson $253.6K 3.70
13 Grand Blanc $256.8K 3.75
14 Monroe $262.3K 3.83
15 East Lansing $271.8K 3.97
16 Davison $288.4K 4.21
17 Wyoming $311.4K 4.54
18 Farmington Hills $318.9K 4.66
19 Clinton Township $321.9K 4.70
20 Muskegon $340.7K 4.97
21 New Baltimore $352.4K 5.14
22 Grand Rapids $359.6K 5.25
23 Ypsilanti $404.1K 5.90
24 Grand Haven $412.4K 6.02
25 Royal Oak $414K 6.04
26 Traverse City $430.5K 6.28
27 Allendale $430.6K 6.29
28 West Bloomfield Township $493.5K 7.20
29 Ann Arbor $623.7K 9.10
30 Rockford $666.6K 9.73
Methodology

Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.

Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.