Ann Arbor, a city located in the state of Michigan (MI), is home to a population of approximately 308,983 people. Ann Arbor boasts a median age of 27.4, with around 16.4% of its residents aged 60 or above. 2.6% of the population identifies as US Veterans. 7.4% of Ann Arbor residents are disabled. The city has an average household income of $78,546, while the unemployment rate stands at 3.7%, and around 23.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Ann Arbor is $416,541, with a monthly rent averaging $1,472.