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Ann Arbor, MI vs Kalkaska County, MI

A 2-bedroom in Kalkaska County costs $683 less per month than Ann Arbor ($973 vs $1,656). Median income is $87,156 in Ann Arbor and $60,365 in Kalkaska County. That's a difference of $8,196 per year in housing costs.

Ann Arbor, MI
$1,656
2BR Fair Market Rent
22.8% burden
Kalkaska County, MI
$973
2BR Fair Market Rent
19.3% burden

Side-by-Side Comparison

MetricAnn ArborKalkaska County
Studio FMR$1,365$719
1BR FMR$1,387$766
2BR FMR$1,656$973
3BR FMR$1,986$1,286
4BR FMR$2,193$1,291
Median Income$87,156$60,365
Rent Burden22.8%19.3%
Actual Median Rent$1,400$767
Median Home Value$353,000$174,300
Population368K18K
Renter %38.4%12.5%
Vacancy Rate5.6%33.8%
Poverty Rate13.8%14.1%
Unemployment-5.9%
YoY Change+12.6%-
Min Wage$12.48/hr$12.48/hr

Income Required to Afford a 2-Bedroom

Ann Arbor, MI
Annual Income Needed
$66,240
Hourly Wage Needed
$32/hr
Min Wage Work Hours/Week
102.1 hrs
at $12.48/hr (MI min wage)
Kalkaska County, MI
Annual Income Needed
$38,920
Hourly Wage Needed
$19/hr
Min Wage Work Hours/Week
60 hrs
at $12.48/hr (MI min wage)

Frequently Asked Questions

Kalkaska County, MI is more affordable with a 2BR FMR of $973/mo, which is $683 less than Ann Arbor at $1,656/mo. However, when considering local incomes, Ann Arbor has a rent burden of 22.8% vs 19.3% in Kalkaska County.

A 2-bedroom in Ann Arbor, MI costs $1,656/mo at Fair Market Rent, while in Kalkaska County, MI it's $973/mo, a difference of $683/mo or $8,196/year.

To afford a 2BR without spending more than 30% of income on rent: Ann Arbor requires $66,240/year ($32/hr). Kalkaska County requires $38,920/year ($19/hr).