What Salary Do You Need to Live in Ann Arbor, MI?
To live comfortably in Ann Arbor, a household needs to earn roughly $75,000/year. That's about $6,250/month before taxes.
The Number: $75,000/year
At $75,000 per year, a household in Ann Arbor can afford median-priced rental housing at roughly 28% of gross income.
This is based on Ann Arbor's median monthly rent of $1,723 and the 28% housing guideline. Source: Census ACS 2024.
Ann Arbor at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Ann Arbor on roughly $50,000/year. That's about $4,167/month before taxes.
Salary Questions About Ann Arbor
The median monthly rent is $1,723. Using the 30% guideline, you need about $69,000/year to afford this comfortably.
The median home price is $479,800. With a 20% down payment, you would need roughly $95,960 saved and a household income to support the mortgage payments.
The median household income is $80,603/year. Our recommended salary of $75,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.