Ann Arbor, Michigan

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
122,216
Population
$78,546
Median Income
$416,500
Home Value
27.4
Median Age

Demographics

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:

White
69.9%
Asian
16.1%
Black
6.6%
Hispanic
4.8%
Other
2.6%
Demographic Value
Total Population122,216
Median Age27.4
White69.9%
Black or African American6.6%
Asian16.1%
Hispanic or Latino4.8%
Other / Two or More Races2.6%

Income & Economy

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%.

$78,546
Median Household Income
$52,276
Per Capita Income
23.3%
Poverty Rate

Employment

The unemployment rate in Ann Arbor is 3.7%, compared to the national rate of 5.4%.

Education

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).

HS Diploma+
97.8%
Bachelor's+
77.5%
Graduate+
46.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher77.5%
Graduate or Professional Degree46.8%

Housing

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%.

$416,500
Median Home Value
$1,472/mo
Median Rent
45.0%
Homeownership Rate
Housing Metric Value
Median Home Value$416,500
Median Monthly Rent$1,472
Homeownership Rate45.0%
Vacancy Rate6.6%

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Frequently Asked Questions

What is the population of Ann Arbor, Michigan?
The population of Ann Arbor, Michigan is 122,216 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Ann Arbor, Michigan?
The median household income in Ann Arbor, Michigan is $78,546. This is 4.5% above the national median of $75,149.
What is the median home value in Ann Arbor, Michigan?
The median home value in Ann Arbor, Michigan is $416,500. The median monthly rent is $1,472.
What percentage of people in Ann Arbor have a college degree?
In Ann Arbor, Michigan, 77.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is Ann Arbor, Michigan an affordable place to live?
The home price-to-income ratio in Ann Arbor, Michigan is 5.3x (median home value $416,500 vs. median income $78,546), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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