Cost of Living in Madison Heights, Michigan

Madison Heights has a population of about 28,419. The median household income is $69,503, median gross rent is $1,176/month, and the median home value is $199,100. 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.

Median Gross Rent $1,176/mo 29% below the national median
Median Home Value $199,100 47% below the national median
Median Household Income $69,503 17% below the national median
Population 28,419

Is Madison Heights expensive to live in?

Compared with the national median in this dataset, rent in Madison Heights is 29% below the national median and home values are 47% below the national median. Household income here is 17% below the national median. Monthly rent represents roughly 20% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Madison Heights?

The median gross rent in Madison Heights, Michigan is $1,176 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Madison Heights?

The median owner-occupied home value in Madison Heights is $199,100 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Madison Heights?

The median household income in Madison Heights is $69,503 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.