Cost of Living in Midland, Michigan

Midland has a population of about 42,724. The median household income is $73,325, median gross rent is $1,048/month, and the median home value is $203,900. 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 $1,048/mo 37% below the national median
Median Home Value $203,900 46% below the national median
Median Household Income $73,325 13% below the national median
Population 42,724

Is Midland expensive to live in?

Compared with the national median in this dataset, rent in Midland is 37% below the national median and home values are 46% below the national median. Household income here is 13% below the national median. Monthly rent represents roughly 17% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Midland?

The median gross rent in Midland, Michigan is $1,048 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Midland?

The median owner-occupied home value in Midland is $203,900 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Midland?

The median household income in Midland is $73,325 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.