Houghton Lake, Michigan

Cost of living in Houghton Lake, Michigan

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

Is it expensive to live in Houghton Lake, Michigan? When calculating the cost of living in Houghton Lake, 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 Houghton Lake, 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 Houghton Lake is $38,150 which is the lowest Analytics 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.

Taxes in Houghton Lake, Michigan

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

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

Housing costs in Houghton Lake, Michigan

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

In Houghton Lake, Michigan, 70.0% of the population owns their homes, while approximately 30.0% rent. The average cost of a single-family home in Houghton Lake, Michigan in 2022 is $194,269 which is lowAnalytics 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 $[no data] per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest