Cost of Living and Housing in Muskegon, Michigan

Muskegon has about 37,226 residents. Median gross rent is $996 per month and median household income is $44,735.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $996/mo 40% below the dataset median

Median Home Value $142,300 62% below the dataset median

Median Household Income $44,735 47% below the dataset median

Owner-Occupied Homes 53% Share of occupied housing units

Rent-to-Income Baseline 27% Annual median rent ÷ household income

Home Value-to-Income 3.2x Median value ÷ household income

How Muskegon compares

Rent is 40% below the dataset median, while household income is 47% below the dataset median. Within Michigan, Muskegon ranks #13 from lowest to highest rent and #51 from highest to lowest household income among 59 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Michigan

Frequently asked questions

What is the median rent in Muskegon?

Median gross rent is $996 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Muskegon?

The median value of owner-occupied homes is $142,300 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Muskegon is $44,735 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.