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Ann Arbor, MI 48103 has a population of approximately 55,270 and experiences a population change rate of 12.60%. The population density is 849.3 / sq mi .
The median household income for Ann Arbor, MI 48103 is $106,715, with 23,876 households and an average household size of 2.33.
The median value of a home in Ann Arbor, MI 48103 is $424,900 with an appreciation rate of 13.10%. 64.14% of housing in the state is owned while 30.52% is rented.
The cost of living in Ann Arbor, MI 48103 is 131.1 %.
The unemployment rate in Ann Arbor, MI 48103 is 2.50%, and recent job growth is at 6.14%. Future job growth is projected at 46.49%.
The sales tax rate in Ann Arbor, MI 48103 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Ann Arbor, MI 48103 are $16,020, and the school ratio is 15.2:1.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 35.4 inches per year, with 42.2 inches of snow per year.
