Households

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Data provided by Oakland University’s Southeastern Michigan Economic Data Center, which offers state-of-the-art information and analysis on demographic and business trends in the region. Learn more at www.oakland.edu/semedc.  The Southeastern Michigan Economic Data Center is presented by Flagstar Bank.

Number of Households

Average Household Size

Over the past 5 years home values grew by more than 36%, outpacing national growth of 18.1%. The region remains one of the most affordable regions to live in the nation with average home value in metro Detroit around $160,000, while the U.S. average is $205,000. In 2018, Trulia ranked the Detroit area second in the nation for tech hubs and home affordability. The reports looked at metros with high tech job growth and home affordability. Median rent values range from $700 to $980.

Median Housing Values

Residential Construction Permits

State2010201620172010-2017 Growth2016-2017 Growth
Detroit MSA3,2107,65910,089214%32%
Ann Arbor MSA36843865779%50%
Flint MSA78374434456%16%
Monroe MSA117511450285%-12%
United States521,1201,120,3111,187,012128%6%

Source: U.S. Census Bureau

For a visual look at the region, check out our Regional Snapshot, an infographic with some of the region’s most important statistics.

Contact
    • Angela
    • Ladetto
    • Director, Business Research
    • aladetto@detroitchamber.com
    • 313.596.0418
    • Christyn
    • Lucas
    • Manager, Business Research
    • clucas@detroitchamber.com
    • 313.596.0372
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Contact
    • Angela
    • Ladetto
    • Director, Business Research
    • aladetto@detroitchamber.com
    • 313.596.0418
    • Christyn
    • Lucas
    • Manager, Business Research
    • clucas@detroitchamber.com
    • 313.596.0372
How Can We Help?

Your Name (required)

Your Email (required)

Subject

Your Message

 YES I would like to receive emails from the Detroit Regional Chamber.

By submitting this form, you acknowledge that you have read the Chamber's Privacy Policy, agree to its terms and consent to allow the Chamber to use your information consistent with our Privacy Policy.

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