Adrian, MI

Very Low · 56

Michigan · Population 20,493 · Updated March 2026

$939
Median Rent / Month
$42,851
Median Income
$119,900
Median Home Value
$906
Owner Costs / Month

Affordability

How far your income goes in Adrian

26.3%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Michigan

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
6.0%
Sales Tax
1.38%
Property Tax Rate

Estimated Annual Costs

$11,268
Annual Rent
$1,821
State Income Tax
$1,655
Property Tax (est.)

Cost of Living Overview

Adrian is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 56 (where 100 equals the national median), Adrian residents can expect to pay median rent of $939/month while earning a median household income of $42,851/year.

The median home value in Adrian, MI is $119,900, with typical monthly owner costs around $906 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.3%, Adrian falls within the generally affordable range, though it's approaching the 30% burden threshold.

Michigan has a moderate income tax rate of 4.25%. Combined with a 6.0% sales tax rate and 1.38% effective property tax rate, the overall tax environment is a factor in the total cost of living in Adrian.

Frequently Asked Questions

Common questions about living costs in Adrian

What is the cost of living in Adrian, MI?
The cost of living index in Adrian, MI is 56 (US average = 100). Median monthly rent is $939, median household income is $42,851/year, and the median home value is $119,900.
Is Adrian, MI affordable?
Yes, Adrian is more affordable than the national average with a cost index of 56. The rent-to-income ratio is 26.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Adrian, MI?
The median gross rent in Adrian, MI is $939 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,268.
What is the median household income in Adrian?
The median household income in Adrian, MI is $42,851 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Michigan?
Michigan has a top income tax rate of 4.25%, a sales tax of 6.0%, and an effective property tax rate of 1.38%.