Sterling Heights, MI

Below Avg · 87

Michigan · Population 133,473 · Updated March 2026

$1,267
Median Rent / Month
$78,429
Median Income
$260,700
Median Home Value
$1,243
Owner Costs / Month

Affordability

How far your income goes in Sterling Heights

19.4%
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

$15,204
Annual Rent
$3,333
State Income Tax
$3,598
Property Tax (est.)

Cost of Living Overview

Sterling Heights offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Sterling Heights residents can expect to pay median rent of $1,267/month while earning a median household income of $78,429/year.

The median home value in Sterling Heights, MI is $260,700, with typical monthly owner costs around $1,243 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.4% 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 Sterling Heights.

Frequently Asked Questions

Common questions about living costs in Sterling Heights

What is the cost of living in Sterling Heights, MI?
The cost of living index in Sterling Heights, MI is 87 (US average = 100). Median monthly rent is $1,267, median household income is $78,429/year, and the median home value is $260,700.
Is Sterling Heights, MI affordable?
Yes, Sterling Heights is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 19.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sterling Heights, MI?
The median gross rent in Sterling Heights, MI is $1,267 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,204.
What is the median household income in Sterling Heights?
The median household income in Sterling Heights, MI is $78,429 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%.

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