WhereCanIAfford › Detroit, MI › On $225,000

Is Detroit, MI affordable on a $225,000 salary?

YES On $225,000/yr, the typical $269,080 home in Detroit, MI needs $79,331/yr ($1,851/mo). Your gap: +$145,669 — housing would be 9.9% of your gross income.

The math

269,080 price − 10% down (26,908) = 242,172 loan
30-yr fixed at 6.47% on 242,172 = 1,526/mo principal+interest
+ 325/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,851/mo PITI ÷ 0.28 = 6,611/mo → 79,331/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Detroit, MI?

You need about $79,331/yr for the typical home. On $225,000 you already clear it by $145,669.

On $200,000? On $250,000? On $275,000?

See the full Detroit, MI affordability breakdown → or every metro you can afford on $225,000 →