Cost of Living in Dearborn, Michigan
Dearborn has a population of about 107,423. The median household income is $65,324, median gross rent is $1,327/month, and the median home value is $218,800. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Dearborn expensive to live in?
Compared with the national median in this dataset, rent in Dearborn is 20% below the national median and home values are 42% below the national median. Household income here is 22% below the national median. Monthly rent represents roughly 24% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Dearborn?
The median gross rent in Dearborn, Michigan is $1,327 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Dearborn?
The median owner-occupied home value in Dearborn is $218,800 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Dearborn?
The median household income in Dearborn is $65,324 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.