Cost of living
Holly township, Michigan
(Holly township is Located in Oakland County)
Cost of living in Holly township, Michigan
Cost of living
compared to USA
high
Cost of living
compared to Michigan
the highest
Median household
income
high
Is it expensive to live in Holly township, Michigan? When calculating the cost of living in Holly 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 Holly township, Michigan is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Holly township is $63,696 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 Holly township, Michigan
The sales tax rate in Holly township, Michigan is 6.0%. Last year, the average property taxes paid was 1.6% Holly township, Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Holly township, Michigan
The average cost of
a single-family home
compated to USA
high
The average cost of
a single-family home
compated to Michigan
high
In Holly township, Michigan, 73.0% of the population owns their homes, while approximately 27.0% rent. The average cost of a single-family home in Holly township, Michigan in 2022 is $265,526 which is highAnalytics 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. The average one-bedroom apartment cost is approximately $928 per month.
| Rental Size | Monthly Cost | Compared to Michigan |
|---|---|---|
| 1 Bedroom | $928 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,159 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,466 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,589 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Cities Near Holly township, MI
Get detailed information on cities nearest to Holly township, MI
Fenton, MI
Location data:
Low earthquake risk
Religion diversity
High proficiency in Reading and Language Arts at High schools
Holly, MI
Location data:
Low hurricane risk
Religion diversity
Low wildfire risk
Lake Fenton, MI
Location data:
Religion diversity
Low earthquake risk
Age diversity
Cities Near Holly township, MI
Get detailed information on cities nearest to Holly township, MI
Fenton, MI
Location data:
Low earthquake risk
Religion diversity
High proficiency in Reading and Language Arts at High schools
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