Highland Park, MI

This city of 8,146 residents needs 289 more housing units over the next five years. Highland Park is part of the Southeast Michigan COG.

Housing snapshot

Population
8,146 (2026)
Households
3,786
Median household income
$34,489 (2026)
Typical home value
$60,169
Owner-occupied
30%
Five-year housing need
289 units

Comparison to other Michigan municipalities

Highland Park: $34,489 Median income (2026 estimate)
<$26K >$142K
Highland Park: 0.84 jobs to household ratio
<0.02 >1.82
Highland Park: No permit data
<0% >6.7%
On this page

How affordable is this community?

At $60,169, homes in Highland Park, MI cost well below the Michigan average of $232,321. Highland Park, MI's median household income of $34,489 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Highland Park, MI has a population of roughly 8,628, though it has been declining at 2.2% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Highland Park, MI has roughly 3,786 households, though population has been declining at 2.2% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Highland Park, MI, detached single-family accounts for 51% of the housing stock. In Highland Park, MI, renters make up the majority, with only 30% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Highland Park, MI needs 289 new units over the next 5 years.

289
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
55
Replacement housing
Effective annual loss rate is 1.9 per 1,000 units.
171
Rental vacancy adjustment
Rental vacancy is 0.0%. This is below the minimum stable target of 7.4%.
63
Substandard housing adjustment
Substandard housing rate is 2.64%. This is above National avg. of 0.98%.
289
Total 5-year housing production need (2026-2031)
58
Annual production pace
Average units needed per year to meet 5-year need
5.1%
Total housing unit growth
Percent increase in housing stock over 5 years
1.0%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?