What Salary Do You Need to Live in Detroit, MI?
To live comfortably in Detroit, a household needs to earn roughly $45,000/year. That's about $3,750/month before taxes.
The Number: $45,000/year
At $45,000 per year, a household in Detroit can afford median-priced rental housing at roughly 28% of gross income.
This is based on Detroit's median monthly rent of $1,091 and the 28% housing guideline. Source: Census ACS 2024.
Detroit at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Detroit on roughly $30,000/year. That's about $2,500/month before taxes.
Salary Questions About Detroit
The median monthly rent is $1,091. Using the 30% guideline, you need about $44,000/year to afford this comfortably.
The median home price is $95,900. With a 20% down payment, you would need roughly $19,180 saved and a household income to support the mortgage payments.
The median household income is $39,209/year. Our recommended salary of $45,000/year is above the median, reflecting a comfortable (not extravagant) standard of living.