Rochester Hills, MI

Above Avg · 115

Michigan · Population 76,086 · Updated March 2026

$1,606
Median Rent / Month
$119,054
Median Income
$377,400
Median Home Value
$1,597
Owner Costs / Month

Affordability

How far your income goes in Rochester Hills

16.2%
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

$19,272
Annual Rent
$5,060
State Income Tax
$5,208
Property Tax (est.)

Cost of Living Overview

Rochester Hills is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Rochester Hills residents can expect to pay median rent of $1,606/month while earning a median household income of $119,054/year.

The median home value in Rochester Hills, MI is $377,400, with typical monthly owner costs around $1,597 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% 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 Rochester Hills.

Frequently Asked Questions

Common questions about living costs in Rochester Hills

What is the cost of living in Rochester Hills, MI?
The cost of living index in Rochester Hills, MI is 115 (US average = 100). Median monthly rent is $1,606, median household income is $119,054/year, and the median home value is $377,400.
Is Rochester Hills, MI affordable?
No, Rochester Hills is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Rochester Hills, MI?
The median gross rent in Rochester Hills, MI is $1,606 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,272.
What is the median household income in Rochester Hills?
The median household income in Rochester Hills, MI is $119,054 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%.