Michigan Housing Affordability Index

Daily affordability score for Michigan compared to the national average — updated every night using live mortgage rates and U.S. Census Bureau income and home value data.

Live Score

Michigan

112.0

More Affordable Than Avg

MBR-HAI • April 10, 2026

National Average

100.6

Near National Average

MBR-HAI • April 10, 2026

National Rank #19 of 51 states

vs. National Average +11.4 points

30-yr Rate Used 6.544%

Median Home Value $231,600

Median Household Income $72,875

View all state rankings →

Michigan Affordability Ranking

#19 of 51 states — April 10, 2026 More affordable than average

Most Affordable Least Affordable

More affordable than: 32 of 51 states (63%)

Less affordable than: 18 of 51 states (35%)

MBR-HAI Score: 112.0 vs. national 100.6 (+11.4 points)

Nearby States

↑ 16 more affordable states above

#17 DE 112.4

#18 PA 112.0

#19 Michigan ◀ 112.0

#20 NE 111.2

#21 GA 111.0

↓ 30 less affordable states below

Top 5 Most Affordable

#1 WV 139.9

#2 AR 131.2

#3 AL 129.8

#4 IA 129.6

#5 MS 126.3

Bottom 5 Least Affordable

#47 RI 90.6

#48 NY 89.3

#49 OR 89.2

#50 MA 87.2

#51 CA 81.5

View full 51-state rankings →

Michigan MBR-HAI — 90-Day Trend

Michigan

National Average

Dashed line = national average. Amber dashed line = 100 baseline. Score updates each morning after the nightly rate aggregation run.

Key Affordability Factors — Michigan

$231,600

Median Home Value

U.S. median: varies by state

$72,875

Median Household Income

U.S. median: $80,734

3.2x

Price-to-Income Ratio

Home value ÷ income

$1,099/mo

Median Owner Costs

18.1% of income annually

$2,920/yr

Median Property Tax

1.26% effective rate

78.6%

Homeownership Rate

U.S. average: 65.7%

23.3%

Owner Cost Burden

% spending 30%+ of income on housing

6.544%

30-yr Mortgage Rate

State average • April 10, 2026

Source: U.S. Census Bureau ACS 5-Year Estimates (2024), CPS/HVS Q4 2025. Mortgage rate from MBR live rate database.

How Michigan Ranks Among All States

#19

of 51 states

Least Affordable Most Affordable

Michigan is more affordable than 64% of U.S. states — More Affordable Than Avg

112.0

MBR-HAI Score

Rank	State	MBR-HAI Score	Affordability
▲ See top 15 states →
16	Ohio	114.0	More Affordable Than Avg
17	Delaware	112.4	More Affordable Than Avg
18	Pennsylvania	112.0	More Affordable Than Avg
19	Michigan You are here	112.0	More Affordable Than Avg
20	Nebraska	111.2	More Affordable Than Avg
21	Georgia	111.0	More Affordable Than Avg
22	Wyoming	110.4	More Affordable Than Avg
▼ See all 51 state rankings →

Showing states ranked near Michigan — April 10, 2026 • View complete national rankings →

Download Michigan HAI Data

Michigan History (CSV)

Daily score vs. national • all dates

                    date,state,hai_score,national_score,rate_used

                    2026-04-10,MI,112.0,100.6,6.544                

Download MI History (CSV)

All 51 States (CSV)

Compare Michigan to every state

Daily scores for all 51 states — filter by state or date in Excel or Google Sheets.

All States (CSV)

Explore Further

National MBR-HAI Rankings

See how Michigan ranks among all 51 states and the national average.

HAI Methodology

How the 10-component formula is computed, data sources, and score interpretation.

Michigan Mortgage Rates

Live 30-year and 15-year rates from banks and credit unions in Michigan.