Cost of Living in Rochester Hills, MI
Population: 76,086 • 2026 Data
$119,054
Median Household Income
+54% vs national
$1,606
Median Monthly Rent
+19% vs national
$377,400
Median Home Value
+11% vs national
3.9%
Unemployment Rate
Housing in Rochester Hills
The median home value in Rochester Hills, MI is $377,400. Monthly rent for a typical unit averages $1,606, while total monthly housing costs (including utilities and insurance) average $1,597.
Rent-to-income ratio: 16.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Rochester Hills, MI is $119,054. The unemployment rate stands at 3.9%, with a labor force of 39,255 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.