Holton township, Michigan

Cost of living in Holton township, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganthe lowest
  • Median household incomemoderate

Is it expensive to live in Holton township, Michigan? When calculating the cost of living in Holton 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 Holton 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 the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Holton township is $57,098 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 Holton township, Michigan

The sales tax rate in Holton township, Michigan is 6.0%. Last year, the average property taxes paid was 1.6% Holton township, Michigan.

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

Housing costs in Holton township, Michigan

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

In Holton township, Michigan, 83% of the population owns their homes, while approximately 17% rent. The average cost of a single-family home in Holton township, Michigan in 2022 is $220,878 which is moderateAnalytics 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 $649 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$649lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$850lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,082lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,152the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest