Cost of Living in Madison Heights, MI

Population 28,411 · Michigan · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Madison Heights can reasonably expect a home to cost less than three years of household income — $190,000 against $66,726 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

Geographically, Madison Heights is part of the immediate Warren metro area. Housing prices track closely with Warren's $182,000 median.

Cost Overview

Housing 62
Rent 87

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

About the Cost of Living in Madison Heights

The median home value in Madison Heights is $190,300 — 38% below the national median of $305,000. Median rent runs $1,138/month, 13% lower than the national median of $1,314/month. The median household income of $66,726/year is 11% lower than the US median of $74,580. The local unemployment rate is 2.8%, below 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, Madison Heights has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$190,300
38% below avg
Zillow Home Value
$214,435
Zillow ZHVI
Median Rent
$1,138/mo
13% below avg
Zillow Rent
$1,574/mo
Zillow ZORI
Price-to-Rent Ratio
13.9x
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 63.8%
Renter-occupied 36.2%

💰 Estimated Monthly Budget

Rent median rent
$1,138
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,752/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
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.1%

Commute Mode

Drove alone
72.6%
Carpooled
8.0%
Public transit
1.0%
Walked
0.6%
Bicycle
1.1%
Work from home
16.1%

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
$66,726
11% below avg
Per Capita Income
$39,276
Unemployment Rate
2.8%
42% below avg
Poverty Rate
11.3%
Labor Force Participation
66.8%

🎓 Education

Bachelor's degree+ 23.3%
Graduate degree 8.8%

👥 Demographics

Median Age 40.8
Male median age 38.3
Female median age 43.8

🌤 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 41 — Good
73.9%
Good air days/yr
169
Max AQI recorded
53
PM2.5 days
208
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

85.4%
4-Year Graduation Rate
14.8:1
Student-teacher ratio
12
Public schools
3,564
Total enrollment

Frequently Asked Questions

What is the cost of living in Madison Heights, MI?

Madison Heights has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Madison Heights, MI?

The median gross rent in Madison Heights is $1,138 per month based on 2023 Census data.

What is the average home price in Madison Heights?

The median home value in Madison Heights is $190,300 according to Zillow and Census data.

What is the median income in Madison Heights?

The median household income in Madison Heights is $66,726 per year (2023 ACS 5-year estimates).

What is the sales tax in Madison Heights, MI?

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

Is Madison Heights, MI affordable?

Yes, Madison Heights is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Madison Heights?

Madison Heights 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.

Madison Heights at a Glance

Population
28,411
Median Income
$66,726
Home Value
$190,300
Median Rent
$1,138/mo
Unemployment
2.8%
Avg High Temp
58.7°F
Sales Tax
6.0%
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