Ann Arbor is a city in Michigan state in USA with a population of 121093 residents.. The poverty rate of Ann Arbor is 23.4%, which is 67% higher than national average. The typical household in Ann Arbor earns $69456 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 38% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ann Arbor, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ann Arbor remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ann Arbor, only 77% of adults have a bachelor's degree and 13% have some college but no degree.

Cost of living in Ann Arbor is 113, which is 13% higher than national average. Median home value in Ann Arbor is $346800 , which is 51% higher than national average. While median income in Ann Arbor remained $69456, which is 3% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.