Eastpointe, MI

Very Low · 71

Michigan · Population 34,003 · Updated March 2026

$1,335
Median Rent / Month
$58,196
Median Income
$129,100
Median Home Value
$1,079
Owner Costs / Month

Affordability

How far your income goes in Eastpointe

27.5%
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

$16,020
Annual Rent
$2,473
State Income Tax
$1,782
Property Tax (est.)

Cost of Living Overview

Eastpointe is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 71 (where 100 equals the national median), Eastpointe residents can expect to pay median rent of $1,335/month while earning a median household income of $58,196/year.

The median home value in Eastpointe, MI is $129,100, with typical monthly owner costs around $1,079 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.5%, Eastpointe 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 Eastpointe.

Frequently Asked Questions

Common questions about living costs in Eastpointe

What is the cost of living in Eastpointe, MI?
The cost of living index in Eastpointe, MI is 71 (US average = 100). Median monthly rent is $1,335, median household income is $58,196/year, and the median home value is $129,100.
Is Eastpointe, MI affordable?
Yes, Eastpointe is more affordable than the national average with a cost index of 71. The rent-to-income ratio is 27.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Eastpointe, MI?
The median gross rent in Eastpointe, MI is $1,335 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,020.
What is the median household income in Eastpointe?
The median household income in Eastpointe, MI is $58,196 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%.