Cost of living in Albion township, Michigan
Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomemoderate
Is it expensive to live in Albion township, Michigan? When calculating the cost of living in Albion township, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Albion township, Michigan is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Albion township is $57,778 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.
Taxes in Albion township, Michigan
The sales tax rate in Albion township, Michigan is 6.0%. Last year, the average property taxes paid was 1.9% Albion township, Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Albion township, Michigan
The average cost of a single-family home compared to USAthe lowest
The average cost of a single-family home compared to Michiganthe lowest
In Albion township, Michigan, 85.0% of the population owns their homes, while approximately 15.0% rent. The average cost of a single-family home in Albion township, Michigan in 2022 is $145,339 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $723 per month.
| Rental Size | Monthly Cost | Compared to Michigan |
|---|---|---|
| 1 Bedroom | $723 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $883 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,133 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,295 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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