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Hamtramck, MI
Full City Profile · Michigan · Wayne County County
2.6
/5.0
C+
Fair
27,830
Population
13,316/sq mi density
$40,103
Median Income
$14,820 per capita
$116,400
Home Value
$156,905 Zillow
$907
Median Rent
27.8% income on rent
51°F
Avg Temperature
291 sunny days/yr
804
Violent Crime/100K
1,914 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$40,103 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$116,400 home value, $907/mo rent
F
Safety
1.0 / 5.0
804 violent crimes/100K (112% above avg)
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher
Housing Overview
Median Home Value
$116,400
59% below
US avg: $281,900
Median Rent
$907/mo
22% below
US avg: $1,163/mo
Homeownership Rate
57.1%
13% below US avg (65.4%)
Total Housing Units
8,578
Median year built: 1938
Home Value by Source
Census Median
$116,400
Zillow (ZHVI)
$156,905
Median Sale Price
$210,000
Median List Price
$254,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.1%
Owner-Occupied
42.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$907/mo
Market Indicators (Redfin)
Median Days on Market
86 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
30.0%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
57.1%
Complete Housing Data
Home Values
| Census Median Value | $116,400 |
| Zillow Home Value (ZHVI) | $156,905 |
| Median Sale Price | $210,000 |
| Median List Price | $254,900 |
| Price Per Sq Ft | $154 |
Rent
| Census Median Rent | $907 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 86 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.0% |
| Homes Sold | 3 |
| Active Inventory | 30 |
| Price Per Sq Ft | $154 |
Ownership & Stock
| Owner-Occupied | 57.1% |
| Renter-Occupied | 42.9% |
| Homeownership Rate | 57.1% |
| Total Housing Units | 8,578 |
| Median Year Built | 1938 |
| Rent Burden | 27.8% |