Cost of Living in Highland Park, MI

Population 8,798 · Michigan · Data vintage 2023

36
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $27,582, median household incomes in Highland Park land roughly 63% below the US median, a gap that tends to persist across local labor-market indicators. Unemployment has stayed elevated relative to the national figure — 17.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Highland Park is part of the immediate Detroit metro area. Housing prices track closely with Detroit's $77,000 median.

Cost Overview

Housing 25
Rent 53

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Highland Park

The median home value in Highland Park is $75,800 — 75% below the national median of $305,000. Median rent runs $691/month, 47% lower than the national median of $1,314/month. The median household income of $27,582/year is 63% lower than the US median of $74,580. The local unemployment rate is 17.9%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 58.7°F and lows of 42.3°F. Overall, Highland Park has a cost of living index of 36 versus the US average of 100, meaning it is 64% less expensive.

🏠 Housing

Median Home Value
$75,800
75% below avg
Median Rent
$691/mo
47% below avg
Price-to-Rent Ratio
9.1x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 45.4%
Renter-occupied 54.6%

💰 Estimated Monthly Budget

Rent median rent
$691
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,305/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
64.4%
Carpooled
8.6%
Public transit
12.3%
Walked
2.3%
Bicycle
0.2%
Work from home
9.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$27,582
63% below avg
Per Capita Income
$25,060
Unemployment Rate
17.9%
271% above avg
Poverty Rate
41.2%
Labor Force Participation
51.5%

🎓 Education

Bachelor's degree+ 9.5%
Graduate degree 7.5%

👥 Demographics

Median Age 45.1
Male median age 41.6
Female median age 45.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.7°F
Avg Low
42.3°F
Annual Precip
29.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323545587079848174614837
Low °F 202128395060656456453426
Precip" 1.451.412.022.823.493.103.223.103.092.302.161.73

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
19.2%
Good air days/yr
226
Max AQI recorded
329
PM2.5 days
33
Ozone days

Frequently Asked Questions

What is the cost of living in Highland Park, MI?

Highland Park has a cost index of 36 (100 = national average). It is 64% below the national average.

What is average rent in Highland Park, MI?

The median gross rent in Highland Park is $691 per month based on 2023 Census data.

What is the average home price in Highland Park?

The median home value in Highland Park is $75,800 according to 2023 Census ACS data.

What is the median income in Highland Park?

The median household income in Highland Park is $27,582 per year (2023 ACS 5-year estimates).

What is the sales tax in Highland Park, MI?

The combined state and local sales tax rate in Highland Park is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Highland Park, MI affordable?

Yes, Highland Park is generally considered affordable, with a cost of living index of 36 — about 64% below the US national average of 100.

What is the weather like in Highland Park?

Highland Park has average high temperatures of 58.7°F and average lows of 42.3°F. Annual precipitation is 29.9". Data from NOAA 1991–2020 Climate Normals.

Highland Park at a Glance

Population
8,798
Median Income
$27,582
Home Value
$75,800
Median Rent
$691/mo
Unemployment
17.9%
Avg High Temp
58.7°F
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data