Cost of Living in Sterling Heights, MI
Sterling Heights has a cost of living index of 92 (100 = national average), making it more affordable than the national average. The median household income is $60,237 and the median home price is $235,000.
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Sterling Heights at a Glance
Population
134,346
Cost of Living Index
92
Median Income
$60,237
Median Home Price
$235,000
Property Tax Rate
1.68%
Sales Tax Rate
6.00%
Rent Index
82
State
Michigan
Living in Sterling Heights
Sterling Heights offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $235,000 is well within reach for many families.
The combined sales tax rate in Sterling Heights is 6.00%, and the effective property tax rate is 1.68%. Property taxes are above the national average, which is an important consideration for homebuyers.