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Ann Arbor, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
122,036
Population
$82,212
Median Income
$453,400
Home Value
27.7
Median Age

Demographics

Ann Arbor has a population of 122,036 with a median age of 27.7. Here is the racial and ethnic breakdown of the population:

White
68.2%
Asian
15.6%
Black
6.6%
Hispanic
5.5%
Other
4.1%
Demographic Value
Total Population122,036
Median Age27.7
White68.2%
Black or African American6.6%
Asian15.6%
Hispanic or Latino5.5%
Other / Two or More Races4.1%
Ann Arbor, Michigan — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 68.2%Asian: 15.6%Black: 6.6%Hispanic/Latino: 5.5%Other: 4.1%122,036PopulationWhiteWhite68.2%AsianAsian15.6%BlackBlack6.6%Hispanic/LatinoHispanic/Latino5.5%OtherOther4.1%

Income & Economy

The median household income in Ann Arbor is $82,212, which is 2.0% above the national median of $80,610. The per capita income is $55,459. The poverty rate is 23.8%.

$82,212
Median Household Income
$55,459
Per Capita Income
23.8%
Poverty Rate

Employment

The unemployment rate in Ann Arbor is 3.1%, compared to the national rate of 4.1%.

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Education

In Ann Arbor, 97.9% of residents age 25+ have a high school diploma or higher, and 77.9% hold a bachelor's degree or higher (48.0% with a graduate or professional degree).

HS Diploma+
97.9%
Bachelor's+
77.9%
Graduate+
48.0%
Education Level % of Adults (25+)
High School Diploma or Higher97.9%
Bachelor's Degree or Higher77.9%
Graduate or Professional Degree48.0%

Housing

The median home value in Ann Arbor is $453,400, above the national median of $303,400. The median monthly rent is $1,649. The homeownership rate is 45.5%.

$453,400
Median Home Value
$1,649/mo
Median Rent
45.5%
Homeownership Rate
Housing Metric Value
Median Home Value$453,400
Median Monthly Rent$1,649
Homeownership Rate45.5%
Vacancy Rate7.2%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Ann Arbor, Michigan?
The population of Ann Arbor, Michigan is 122,036 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ann Arbor, Michigan?
The median household income in Ann Arbor, Michigan is $82,212. This is 2.0% above the national median of $80,610.
What is the median home value in Ann Arbor, Michigan?
The median home value in Ann Arbor, Michigan is $453,400. The median monthly rent is $1,649.
What percentage of people in Ann Arbor have a college degree?
In Ann Arbor, Michigan, 77.9% of adults age 25 and older hold a bachelor's degree or higher, and 97.9% 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 5.5x (median home value $453,400 vs. median income $82,212), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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