Claybanks township, Michigan

Cost of living in Claybanks township, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganlow
  • Median household incomehigh

Is it expensive to live in Claybanks township, Michigan? When calculating the cost of living in Claybanks 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 Claybanks 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 Claybanks township is $63,750 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Claybanks township, Michigan

The sales tax rate in Claybanks township, Michigan is 6.0%. Last year, the average property taxes paid was 1.3% Claybanks township, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Claybanks township, Michigan

  • The average cost of a single-family home compated to USAmoderate
  • The average cost of a single-family home compated to Michiganmoderate

In Claybanks township, Michigan, 90% of the population owns their homes, while approximately 10% rent. The average cost of a single-family home in Claybanks township, Michigan in 2022 is $188,466 which is moderateAnalytics 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. The average one-bedroom apartment cost is approximately $580 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$580the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$760the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$970the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,030the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest