Cost of Living in Hamtramck, MI
Population: 27,830 • 2026 Data
$40,103
Median Household Income
-48% vs national
$907
Median Monthly Rent
-33% vs national
$116,400
Median Home Value
-66% vs national
11.7%
Unemployment Rate
Housing in Hamtramck
The median home value in Hamtramck, MI is $116,400. Monthly rent for a typical unit averages $907, while total monthly housing costs (including utilities and insurance) average $780.
Rent-to-income ratio: 27.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hamtramck, MI is $40,103. The unemployment rate stands at 11.7%, with a labor force of 8,939 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.