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Ingham County Housing Market

Michigan · 83 counties · Ranked #1761 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$187,500

vs national$187,500 vs $281,900 national

Median Gross Rent

$1,058/mo

vs national$1,058 vs $1,163 national

Effective Tax Rate

1.86%

vs national+1.86% vs 1.02% national

Median Household Income

$64,354

vs national$64,354 vs $74,755 national

Affordability Ratio

2.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

31.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,488

Tax as % of Home Value

1.86%

Monthly Owner Cost

$1,161

Renter Income

$37,232

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Frequently Asked Questions

What is the median home value in Ingham County?

The median home value in Ingham County is $187,500. This is below the national median of $281,900.

How much is rent in Ingham County?

The median gross rent in Ingham County is $1,058 per month.

What is the property tax rate in Ingham County?

The effective property tax rate in Ingham County is 1.86%. The median annual property tax bill is $3,488.

Is Ingham County affordable?

With a home-value-to-income ratio of 2.9x, Ingham County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.