199th most affordable of 199 in Metro Detroit
Cost of Living in Highland Park, MI
A typical home in Highland Park costs about $1,084 a month, 44.4% of the median household income of $29,309. That makes Highland Park the 42nd most affordable of 42 places in Wayne County and 199th of 199 across Metro Detroit.
- Median rent a month
- $688
- Median home value
- $79,200
- Owner cost with a mortgage
- $1,480
- Of income on housing
- 44.4%
Highland Park against Wayne County and the metro
| Census median | Highland Park | Wayne County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $688 | $1,132 | $1,207 |
| Median home value | $79,200 | $178,500 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,480 | $1,556 | $1,720 |
| Median household income (yearly) | $29,309 | $60,539 | $76,664 |
| Share of income on housing | 44.4% | 26.6% | 22.9% |
Ranked 42nd most affordable of 42 in Wayne County. See all 42.
Cost of living near Highland Park
The towns around Highland Park, each with its own page.
- Detroit Rent $1,074 · Home $83,900 197th most affordable in the metro
- Hamtramck Rent $989 · Home $131,000 196th most affordable in the metro
- Hazel Park Rent $1,314 · Home $158,600 144th most affordable in the metro
- Ferndale Rent $1,311 · Home $247,700 67th most affordable in the metro
- Royal Oak Township Rent $864 · Home $161,200 189th most affordable in the metro
- Pleasant Ridge Rent $1,720 · Home $448,700 2nd most affordable in the metro
- Oak Park Rent $1,396 · Home $212,300 157th most affordable in the metro
- Center Line Rent $788 · Home $156,600 169th most affordable in the metro
Living in Highland Park
- Homes for sale in Highland Park Listings and off-market deals
- Rentals in Highland Park Houses and apartments for rent
- Highland Park crime rate From Highland Park's own police reports
- Cost of living in Wayne County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Highland Park city guide Pros, homes and city services
Highland Park cost of living questions
5 questions
Is Highland Park, MI expensive to live in?
A typical home in Highland Park takes 44.4% of the median household income, against 22.9% across Metro Detroit, which ranks it 199th most affordable of 199 places.
What is the average rent in Highland Park?
The median gross rent is $688 a month, rent plus the utilities the renter pays, 43% below the metro.
How much does a house cost in Highland Park?
Owners put the median home value at $79,200, 68% below the metro. With a mortgage, the median owner pays $1,480 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Highland Park?
Spending no more than 30% of income on housing, the usual rule, a typical Highland Park home at $1,084 a month calls for about $43,000 a year. The median household here earns $29,309.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Highland Park. 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.