Cost of Living in Pontiac, MI
Population: 61,914 • 2026 Data
$42,791
Median Household Income
-45% vs national
$1,007
Median Monthly Rent
-25% vs national
$110,600
Median Home Value
-67% vs national
10.6%
Unemployment Rate
Housing in Pontiac
The median home value in Pontiac, MI is $110,600. Monthly rent for a typical unit averages $1,007, while total monthly housing costs (including utilities and insurance) average $973.
Rent-to-income ratio: 28.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Pontiac, MI is $42,791. The unemployment rate stands at 10.6%, with a labor force of 30,178 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.