Skip to content

79th most affordable of 199 in Metro Detroit

Cost of Living in Gibraltar, MI

A typical home in Gibraltar costs about $1,486 a month, 19.5% of the median household income of $91,651. That makes Gibraltar the 15th most affordable of 42 places in Wayne County and 79th of 199 across Metro Detroit.

Median rent a month
$1,276
Median home value
$223,200
Owner cost with a mortgage
$1,695
Of income on housing
19.5%

Gibraltar against Wayne County and the metro

Census median Gibraltar Wayne County Metro Detroit
Median rent (monthly) $1,276 $1,132 $1,207
Median home value $223,200 $178,500 $249,700
Owner cost with a mortgage (monthly) $1,695 $1,556 $1,720
Median household income (yearly) $91,651 $60,539 $76,664
Share of income on housing 19.5% 26.6% 22.9%

Ranked 15th most affordable of 42 in Wayne County. See all 42.

Cost of living near Gibraltar

The towns around Gibraltar, each with its own page.

Living in Gibraltar

Gibraltar cost of living questions

5 questions

Is Gibraltar, MI expensive to live in?
A typical home in Gibraltar takes 19.5% of the median household income, against 22.9% across Metro Detroit, which ranks it 79th most affordable of 199 places.
What is the average rent in Gibraltar?
The median gross rent is $1,276 a month, rent plus the utilities the renter pays, 6% above the metro.
How much does a house cost in Gibraltar?
Owners put the median home value at $223,200, 11% below the metro. With a mortgage, the median owner pays $1,695 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Gibraltar?
Spending no more than 30% of income on housing, the usual rule, a typical Gibraltar home at $1,486 a month calls for about $59,000 a year. The median household here earns $91,651.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Gibraltar. They are medians, half above and half below, and today's listings and rents can differ.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.