Cost of Living in Kentwood, MI
Population: 54,114 • 2026 Data
$73,647
Median Household Income
-5% vs national
$1,205
Median Monthly Rent
-11% vs national
$249,000
Median Home Value
-27% vs national
4.8%
Unemployment Rate
Housing in Kentwood
The median home value in Kentwood, MI is $249,000. Monthly rent for a typical unit averages $1,205, while total monthly housing costs (including utilities and insurance) average $1,189.
Rent-to-income ratio: 19.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Kentwood, MI is $73,647. The unemployment rate stands at 4.8%, with a labor force of 29,564 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.