Dearborn Heights, MI

Very Low · 74

Michigan · Population 62,099 · Updated March 2026

$1,260
Median Rent / Month
$61,035
Median Income
$174,900
Median Home Value
$1,059
Owner Costs / Month

Affordability

How far your income goes in Dearborn Heights

24.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$15,120
Annual Rent
$2,594
State Income Tax
$2,414
Property Tax (est.)

Cost of Living Overview

Dearborn Heights is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 74 (where 100 equals the national median), Dearborn Heights residents can expect to pay median rent of $1,260/month while earning a median household income of $61,035/year.

The median home value in Dearborn Heights, MI is $174,900, with typical monthly owner costs around $1,059 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Dearborn Heights.

Frequently Asked Questions

Common questions about living costs in Dearborn Heights

What is the cost of living in Dearborn Heights, MI?
The cost of living index in Dearborn Heights, MI is 74 (US average = 100). Median monthly rent is $1,260, median household income is $61,035/year, and the median home value is $174,900.
Is Dearborn Heights, MI affordable?
Yes, Dearborn Heights is more affordable than the national average with a cost index of 74. The rent-to-income ratio is 24.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Dearborn Heights, MI?
The median gross rent in Dearborn Heights, MI is $1,260 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,120.
What is the median household income in Dearborn Heights?
The median household income in Dearborn Heights, MI is $61,035 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%.