Cost of living
Arenac township, Michigan
(Arenac township is Located in Arenac County)
Cost of living in Arenac township, Michigan
Cost of living
compared to USA
the lowest
Cost of living
compared to Michigan
low
Median household
income
low
Is it expensive to live in Arenac township, Michigan? When calculating the cost of living in Arenac 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 Arenac 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 Arenac township is $48,500 which is low Analytics 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.
Taxes in Arenac township, Michigan
The sales tax rate in Arenac township, Michigan is 6.0%. Last year, the average property taxes paid was 1.5% Arenac township, Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Arenac township, Michigan
The average cost of
a single-family home
compated to USA
the lowest
The average cost of
a single-family home
compated to Michigan
the lowest
In Arenac township, Michigan, 94.0% of the population owns their homes, while approximately 6.0% rent. The average cost of a single-family home in Arenac township, Michigan in 2022 is $163,101 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 $650 per month.
| Rental Size | Monthly Cost | Compared to Michigan |
|---|---|---|
| 1 Bedroom | $650 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $830 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,080 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,200 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Cities Near Arenac township, MI
Get detailed information on cities nearest to Arenac township, MI
Omer, MI
Location data:
Low property prices
Low wildfire risk
Low hurricane risk
Mason township (Arenac County), MI
Location data:
Low earthquake risk
Low property prices
Low volcanic hazard risk
Au Gres township, MI
Location data:
Good air year round
Low volcanic hazard risk
Low earthquake risk
Cities Near Arenac township, MI
Get detailed information on cities nearest to Arenac township, MI
Omer, MI
Location data:
Low property prices
Low wildfire risk
Low hurricane risk
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