Michigan city profile

What Is It Like to Live in Ann Arbor?

What it costs to live in Ann Arbor, and how it compares with other Michigan cities, in plain numbers.

Value score

42

59th best value in Michigan

How much you get for what you pay, versus other Michigan cities.

Overall livability

68

16th overall in Michigan

Cost, safety, schools, jobs and quality of life combined.

Ann Arbor is home to about 122,731 people. A typical home runs $366,600 and a household earns around $73,300, a price-to-income ratio of 5.0. Among Michigan's largest cities, it ranks 59th for value and 16th overall. For context, the typical Ann Arbor home is about 43% above the statewide median of $257,000 and local household income is about 5% above the statewide median of $69,800.

Ann Arbor at a glance

Median home price

$366,600

75th in MI of 75

Median rent

$1,382/mo

Median household income

$73,300

Home price to income

5.0x

Unemployment

3.7%

11th in MI of 75

School rating

6/10

14th in MI of 75

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More Michigan cities: Dearborn, Detroit, Grand Rapids, Lansing, Livonia, Sterling Heights, Troy, Warren, Westland

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Michigan only. Updated 2026.