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Retirement community in Madison Heights, Michigan

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Madison Heights, Michigan Retirement Guide

established retirement community
61

Retirement Score

Madison Heights, Michigan at a Glance

Median Home Price
$172,500
State Income Tax
N/A
Avg January Low
N/A
Cost of Living Index
N/A
Best For
established retirement community
RetireCityIQ Score
61 / 100

Retirement Data

Affordability

Cost of Living IndexData not available
Median Home Price
$172,500High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$1,095High confidence
U.S. Census ACS 5-Year · Updated April 2026

Taxes

Retirement Tax ScoreData not available
Tax DetailsData not available

Retiree Readiness (Sprint 2)

Care Access Score (proxy)Data not available
Aging-in-Place Score (proxy)Data not available

Healthcare

Healthcare Access ScoreData not available

Climate

Avg July HighData not available
Avg January LowData not available
Annual PrecipitationData not available
Sunny Days / YearData not available

Safety

Safety ScoreData not available

Walkability

Walk Score (proxy)Data not available
Transit Score (proxy)Data not available

Demographics

Population
28,521High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
40.5High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
17.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$63,224High confidence
U.S. Census ACS 5-Year · Updated April 2026

Community Profile

Owner-Occupied Housing
62.5%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
4.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
31.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
12.0%High confidence
U.S. Census ACS 5-Year · Updated April 2026

Diversity

White
81.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
7.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
1.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
6.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Madison Heights using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$374

Stress-case monthly carrying cost

$420

Median home price used: $172,500

Median rent reference: $1,095 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

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