131st most affordable of 199 in Metro Detroit
Cost of Living in Shelby Township, MI
A typical home in Shelby Township costs about $1,669 a month, 22.0% of the median household income of $91,012. That makes Shelby Township the 15th most affordable of 27 places in Macomb County and 131st of 199 across Metro Detroit.
- Median rent a month
- $1,346
- Median home value
- $354,500
- Owner cost with a mortgage
- $1,991
- Of income on housing
- 22.0%
Shelby Township against Macomb County and the metro
| Census median | Shelby Township | Macomb County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,346 | $1,211 | $1,207 |
| Median home value | $354,500 | $243,900 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,991 | $1,628 | $1,720 |
| Median household income (yearly) | $91,012 | $77,837 | $76,664 |
| Share of income on housing | 22.0% | 21.9% | 22.9% |
Ranked 15th most affordable of 27 in Macomb County. See all 27.
Cost of living near Shelby Township
The towns around Shelby Township, each with its own page.
- Troy Rent $1,602 · Home $420,300 70th most affordable in the metro
- Oakland Township Rent $2,189 · Home $588,900 39th most affordable in the metro
- Ray Township Rent $1,259 · Home $377,700 5th most affordable in the metro
- Rochester Hills Rent $1,644 · Home $409,800 73rd most affordable in the metro
- Rochester Rent $1,350 · Home $473,200 84th most affordable in the metro
- Sterling Heights Rent $1,292 · Home $274,300 139th most affordable in the metro
- Clinton Township Rent $1,194 · Home $225,000 130th most affordable in the metro
- Macomb Township Rent $1,379 · Home $387,000 32nd most affordable in the metro
Living in Shelby Township
- Homes for sale in Shelby Township Listings and off-market deals
- Rentals in Shelby Township Houses and apartments for rent
- Shelby Township neighborhoods Every neighborhood on a map
- Shelby Township crime rate From Shelby Township's own police reports
- Shelby Township cost of living by neighborhood Every neighborhood ranked, updated monthly
- Most expensive neighborhoods in Shelby Township The last 12 months
- Least expensive neighborhoods in Shelby Township The last 12 months
- Cost of living in Macomb County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Shelby Township city guide Pros, homes and city services
Shelby Township cost of living questions
5 questions
Is Shelby Township, MI expensive to live in?
A typical home in Shelby Township takes 22.0% of the median household income, against 22.9% across Metro Detroit, which ranks it 131st most affordable of 199 places.
What is the average rent in Shelby Township?
The median gross rent is $1,346 a month, rent plus the utilities the renter pays, 12% above the metro.
How much does a house cost in Shelby Township?
Owners put the median home value at $354,500, 42% above the metro. With a mortgage, the median owner pays $1,991 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Shelby Township?
Spending no more than 30% of income on housing, the usual rule, a typical Shelby Township home at $1,669 a month calls for about $67,000 a year. The median household here earns $91,012.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Shelby Township. 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.