Macomb County

Michigan ยท Pop. 881,217

Ranked #22 of 200 counties

56Moderate

Median Home Price

๐Ÿ 

$240K

4.8% YoY

Median Rent

๐Ÿ”‘

$1,200

Median Income

๐Ÿ’ฐ

$60K

Rent Burden

๐Ÿ“Š

27.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,500

Price-to-Income Ratio

โš–๏ธ

4.0x

Homeownership Rate

๐Ÿก

74.0%

How Macomb County Compares

MetricMacomb CountyMichiganNational
Home Price$240K$236K$410K
Rent$1,200$1,101$1,500
Income$60K$69K$75K
Rent Burden27.5%30.0%30.0%
Homeownership74.0%74.0%65.0%

Key Takeaways

  • โ€ข Home prices are 41% below the national average.
  • โ€ข Rent is 20% below the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 3,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 4.8%.