Living in Pleasant Ridge, Michigan
Cost of living, income, home prices, rent and demographics of Pleasant Ridge · Census data 2020–2024
Pleasant Ridge has 2,602 residents with a median age of 43.1. The median household income is $171,125 (135% higher than the Michigan median), the median home value is $448,700, the median rent is $1,720/month.
Pleasant Ridge at a glance
- Population
- 2,602
- Median age
- 43.1State: 40.2
- Median household income
- $171,125State: $72,875
- Median home value
- $448,700State: $231,600
- Median rent
- $1,720/moState: $1,129
- Homeowners
- 95.6%
- Bachelor's degree or higher
- 79.3%
- Average commute
- 25 min
Is Pleasant Ridge a good place to live?
Pros: Median household income 135% higher than the Michigan median; unemployment of 5.7%; a poverty rate of 2.5%.
Cons: Home values 94% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Pleasant Ridge
Housing is the biggest part of the cost of living. In Pleasant Ridge the median home value is $448,700, 35% higher than the U.S. median. Renters pay a median of $1,720 per month, which is 18.1% of household income. Homeowners with a mortgage pay $2,413 a month in housing costs.
Pleasant Ridge median household income
The median household income in Pleasant Ridge is $171,125 and the income per person is $89,647. 2.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Pleasant Ridge: homes for sale and rent
- Housing units
- 1,172
- Owner-occupied
- 95.6%
- Renter-occupied
- 4.4%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.28
Pleasant Ridge demographics
- Population
- 2,602
- Median age
- 43.1
- Under 18
- 19%
- 65 and older
- 16.2%
- Households
- 1,139
- Foreign-born
- 6.7%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Pleasant Ridge ›
Education in Pleasant Ridge
79.3% of adults 25 and older in Pleasant Ridge have a bachelor's degree or higher (Michigan: 32.4%), and 41.6% have a graduate or professional degree.
Jobs and commute in Pleasant Ridge
- Unemployment rate
- 5.7%State: 5.7%
- Average commute
- 25 minState: 24 min
- Work from home
- 30.9%
- Drive alone
- 62.1%
- Public transit
- 0.5%
- Walk to work
- 1.1%
- Homes with broadband
- 98.7%
Pleasant Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pleasant Ridge | 2,602 | $171,125 | $448,700 | $1,720 |
| Ferndale | 19,190 | $94,640 | $247,700 | $1,311 |
| Huntington Woods | 6,328 | $190,150 | $473,900 | $2,493 |
| Oak Park | 29,318 | $71,510 | $212,300 | $1,396 |
| Hazel Park | 14,963 | $67,073 | $158,600 | $1,314 |
| Royal Oak | 57,950 | $101,109 | $328,700 | $1,381 |
| Berkley | 15,149 | $116,239 | $316,700 | $1,526 |
| Madison Heights | 28,419 | $69,503 | $199,100 | $1,176 |
| Lathrup Village | 4,059 | $109,893 | $310,600 | $1,483 |
More for people moving to Pleasant Ridge
Pleasant Ridge ZIP code ›Weather and climate ›Living in Pleasant Ridge: FAQ
What is the median household income in Pleasant Ridge, MI?
The median household income in Pleasant Ridge is $171,125, 135% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Pleasant Ridge?
The median home value in Pleasant Ridge is $448,700, compared with $231,600 in Michigan.
How much is rent in Pleasant Ridge?
The median gross rent in Pleasant Ridge is $1,720 per month, about 18.1% of household income.
Is Pleasant Ridge, MI a good place to live?
Pluses: median household income 135% higher than the Michigan median; unemployment of 5.7%; a poverty rate of 2.5%. Minuses: home values 94% higher than the state median; an average commute of 25 minutes.
What is the median age in Pleasant Ridge?
The median age in Pleasant Ridge is 43.1 years (Michigan: 40.2).
How long is the commute in Pleasant Ridge?
The average commute to work in Pleasant Ridge is 25 minutes; 30.9% of workers work from home.
What is the unemployment rate in Pleasant Ridge?
The unemployment rate in Pleasant Ridge is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pleasant Ridge?
79.3% of adults in Pleasant Ridge have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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