Warren, MI

Very Low · 73

Michigan · Population 138,128 · Updated March 2026

$1,184
Median Rent / Month
$63,741
Median Income
$181,900
Median Home Value
$1,098
Owner Costs / Month

Affordability

How far your income goes in Warren

22.3%
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

$14,208
Annual Rent
$2,709
State Income Tax
$2,510
Property Tax (est.)

Cost of Living Overview

Warren is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 73 (where 100 equals the national median), Warren residents can expect to pay median rent of $1,184/month while earning a median household income of $63,741/year.

The median home value in Warren, MI is $181,900, with typical monthly owner costs around $1,098 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.3% 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 Warren.

Frequently Asked Questions

Common questions about living costs in Warren

What is the cost of living in Warren, MI?
The cost of living index in Warren, MI is 73 (US average = 100). Median monthly rent is $1,184, median household income is $63,741/year, and the median home value is $181,900.
Is Warren, MI affordable?
Yes, Warren is more affordable than the national average with a cost index of 73. The rent-to-income ratio is 22.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Warren, MI?
The median gross rent in Warren, MI is $1,184 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,208.
What is the median household income in Warren?
The median household income in Warren, MI is $63,741 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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