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Housing Affordability in Madison Heights, MI
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 24.8%
- Michigan 27.4%
- Renters paying 30%+
- 41.4%
- Michigan 50.4%
- Homeowners paying 30%+
- 16.1%
- Michigan 19.6%
- Owner costs with a mortgage
- $1,375/mo
- Michigan $1,569/mo
Housing costs compared with income
- Renters paying 30% or more1,87541.4%
- Homeowners paying 30% or more1,39616.1%
- Renters paying 50% or more78617.3%
- Median rent as a share of income: 27.1%
- Median owner costs as a share of income, with a mortgage: 19.0%
- Median owner costs without a mortgage: $552/mo
- Median home value divided by median household income: 2.9
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Madison Heights, MI | 24.8% | 41.4% | 16.1% | 27.1% |
| Oakland County | 26.1% | 44.8% | 19.5% | 27.8% |
| Michigan | 27.4% | 50.4% | 19.6% | 30.2% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Madison Heights, MI?
- In Madison Heights, MI, 24.8% of households spend 30% or more of their income on housing costs.
- How does Madison Heights compare with Michigan?
- The households paying 30%+ for housing in Madison Heights is 24.8%, compared with 27.4% for Michigan as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates