Ann Arbor has a population of 122,216 with a median age of 27.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 122,216 |
| Median Age | 27.4 |
| White | 69.9% |
| Black or African American | 6.6% |
| Asian | 16.1% |
| Hispanic or Latino | 4.8% |
| Other / Two or More Races | 2.6% |
The median household income in Ann Arbor is $78,546, which is 4.5% above the national median of $75,149. The per capita income is $52,276. The poverty rate is 23.3%.
The unemployment rate in Ann Arbor is 3.7%, compared to the national rate of 5.4%.
In Ann Arbor, 97.8% of residents age 25+ have a high school diploma or higher, and 77.5% hold a bachelor's degree or higher (46.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.8% |
| Bachelor's Degree or Higher | 77.5% |
| Graduate or Professional Degree | 46.8% |
The median home value in Ann Arbor is $416,500, above the national median of $281,900. The median monthly rent is $1,472. The homeownership rate is 45.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $416,500 |
| Median Monthly Rent | $1,472 |
| Homeownership Rate | 45.0% |
| Vacancy Rate | 6.6% |
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