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Cost of Living in Midland County, MI

Population 83,757 · Census ACS 2020–2024 5-year estimates

Median rent$1,016
Median home value$195,400
Median household income$77,705

The median rent in Midland County, MI is $1,016/month, 10% lower than the Michigan median and 28% lower than the U.S. median. The median home value is $195,400, 41% lower than the national median. Households earn a median of $77,705 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 15.7%
Income needed for median rent (30% rule): $40,640/yr
Home price-to-income ratio: 2.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $988/mo

Run your own numbers: mortgage calculator · hourly to salary

Midland County vs. Michigan vs. U.S.

Midland CountyMichiganU.S.
Median rent$1,016$1,129$1,413
Median home value$195,400$231,600$332,700
Median household income$77,705$72,875$80,734
Homeownership rate78.1%73.2%65.2%
Bachelor's degree or higher36.6%32.4%35.7%
Poverty rate10.7%13.2%12.5%
Unemployment rate4.4%5.7%5.2%
Work from home12.0%13.5%15.1%
Median age41.840.238.9

FAQ

What is the average rent in Midland County, MI?

The median gross rent in Midland County, MI is $1,016 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Midland County, MI?

Using the common 30% rule, renting a median-priced home takes about $40,640 a year in gross income.

Is Midland County, MI expensive to live in?

Rent there is 28% lower than the U.S. median, and the median home costs about 2.5 times the median household income.

Other counties in Michigan

Wayne County, MIRent $1,132 · Income $60,539Oakland County, MIRent $1,376 · Income $97,760Macomb County, MIRent $1,211 · Income $77,837Kent County, MIRent $1,243 · Income $82,631Genesee County, MIRent $989 · Income $62,281Washtenaw County, MIRent $1,463 · Income $89,180

Counties with a similar cost of living

Greene County, NYRent $1,004 · Income $77,945Duchesne County, UTRent $1,009 · Income $78,445Scott County, IARent $1,005 · Income $78,277Marathon County, WIRent $999 · Income $77,884Sauk County, WIRent $1,018 · Income $79,541Lincoln County, NCRent $1,015 · Income $80,016

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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