Ann Arbor, MI
Population 121,179 · Michigan
About Ann Arbor, MI
Ann Arbor is a major city located in Michigan with a population of 121,179 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,089 per year, which is 8% above the national median of $75,149. The median age of 27.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ann Arbor features a median home value of $435,100, which is 78% above the national median of $244,900. This places Ann Arbor in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,552, 33% above the national average of $1,163/month. Of the 53,715 total housing units, 46% are owner-occupied (22,776 units) and 54% are renter-occupied (27,131 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Ann Arbor shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.0%, above the national average of 12.4%. Workers in Ann Arbor have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
77.7% of Ann Arbor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.3% White, 1.1% Hispanic or Latino, 0.7% Black or African American, and 2.3% Asian residents, with 18.7% of the population being foreign-born.
How Ann Arbor Ranks in Michigan
Cost of Living in Ann Arbor, MI
Compared to national averages, Ann Arbor has a median household income of $81,089 (8% above the national median of $75,149). Home values average $435,100, which is 78% above the national median. Monthly rent at $1,552 is 33% above the US average of $1,163. Within Michigan, Ann Arbor's income is 23% above the state average of $66,017, and home values are 137% above the state median of $183,391.
Why Live in Ann Arbor, MI?
Ann Arbor offers a strong local economy with a median household income of $81,089, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 77.7% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 19.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $435,100. However, as a major city, Ann Arbor provides access to a wide range of amenities and services.
Ann Arbor has a population of 121,179 with a median age of 27.7 years. Compare Ann Arbor with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Ann Arbor
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lansing | 112,546 | $52,170 | $119,400 | Compare |
| Sterling Heights | 133,473 | $78,429 | $260,700 | Compare |
| Dearborn | 107,846 | $65,192 | $205,900 | Compare |
| Warren | 138,128 | $63,741 | $181,900 | Compare |
| Livonia | 94,058 | $96,317 | $265,300 | Compare |
| Troy | 87,307 | $119,299 | $396,800 | Compare |
| Westland | 84,155 | $62,216 | $176,500 | Compare |
| Farmington Hills | 83,316 | $101,863 | $333,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ann Arbor With Other Cities
Frequently Asked Questions about Ann Arbor
What is the population of Ann Arbor, MI?
The population of Ann Arbor, MI is 121,179 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Michigan.
What is the median household income in Ann Arbor?
The median household income in Ann Arbor, MI is $81,089 per year, which is 8% above the national median of $75,149.
What is the median home value in Ann Arbor?
The median home value in Ann Arbor, MI is $435,100, which is 78% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Ann Arbor?
The median monthly rent in Ann Arbor, MI is $1,552, which is 33% above the national average of $1,163/month.
What is the unemployment rate in Ann Arbor?
The unemployment rate in Ann Arbor, MI is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ann Arbor, MI a good place to live?
Ann Arbor offers above-average incomes, a competitive housing market, and a strong job market. With a population of 121,179 and a median age of 27.7, the city appeals to young professionals and families.
How educated is Ann Arbor, MI?
77.7% of residents in Ann Arbor aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ann Arbor?
Key cost-of-living indicators for Ann Arbor, MI: median home value is $435,100 (78% above national), median rent is $1,552/month, and median household income is $81,089. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Ann Arbor?
The poverty rate in Ann Arbor, MI is 23.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ann Arbor, MI?
Ann Arbor's population is 2.3% White, 1.1% Hispanic or Latino, 0.7% Black or African American, 2.3% Asian, and 7.0% two or more races. 18.7% of residents are foreign-born.