Here is what the numbers say. The Census puts the renters paying 30% or more of income in Holly at 32.5%.
That is 27% below the Oakland County figure of 44.8%. Against Metro Detroit as a whole, 50.8%, it is 36% below.
Where Holly stands
Among 53 communities in Oakland County, Holly has the 48th highest figure, above 10% of them. The middle figure in that group is 47.5%, so Holly sits below the typical one.
The range runs from 14.8% in Lathrup Village to 100.0% in Bingham Farms. The highest figures in the group belong to Bingham Farms (100.0%), Franklin (100.0%), and Oxford (78.5%).
Across all 190 Metro Detroit communities, Holly ranks 164th.
Next door
Rose Township nearby comes in at 63.6%, 96% higher. Holly Township nearby comes in at 46.0%, 42% higher.
Fenton nearby comes in at 49.6%, 53% higher. Groveland Township nearby comes in at 69.8%, 115% higher.
Related numbers
For median property tax bill, Holly comes in at $2,614 a year. For property taxes as a share of home value, Holly comes in at 1.36%.
For median monthly housing costs, Holly comes in at $1,011 a month.
What it means for you
So what does that mean for you?
A renter past the 30% line has less left each month for savings, which is how a first down payment slips away.
How we read the numbers
The figure is the U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. Ranks compare Holly with the 53 communities in Oakland County that have the same figure on file, highest first.
Next door, compared
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Holly 32.5%
This page
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Rose Township 63.6%
Oakland County
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Holly Township 46.0%
Oakland County
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Fenton 49.6%
Oakland County
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Groveland Township 69.8%
Oakland County
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Springfield Township 50.2%
Oakland County
Sources
Editor In Chief, Detroit Ledger
Victoria Jackson is a lifelong student and sharp-eyed documentarian of all things Detroit, from its rich musical roots and cultural icons to its shifting neighborhoods, storied architecture, and underground legends.