Cost of Living in Burton, MI
Population: 29,529 • 2026 Data
$57,767
Median Household Income
-25% vs national
$1,006
Median Monthly Rent
-25% vs national
$131,200
Median Home Value
-61% vs national
8.1%
Unemployment Rate
Housing in Burton
The median home value in Burton, MI is $131,200. Monthly rent for a typical unit averages $1,006, while total monthly housing costs (including utilities and insurance) average $891.
Rent-to-income ratio: 20.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Burton, MI is $57,767. The unemployment rate stands at 8.1%, with a labor force of 14,171 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.