Kentwood, Michigan

Cost of living in Kentwood, Michigan

  • Cost of living compated to USAlow
  • Cost of living compared to Michiganthe highest
  • Median household incomemoderate

Is it expensive to live in Kentwood, Michigan? When calculating the cost of living in Kentwood, 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 Kentwood, Michigan is lowAnalytics 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 Kentwood is $55,046 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 Kentwood, Michigan

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

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

Housing costs in Kentwood, Michigan

  • The average cost of a single-family home compated to USAhigh
  • The average cost of a single-family home compated to Michiganthe highest

In Kentwood, Michigan, 58% of the population owns their homes, while approximately 42% rent. The average cost of a single-family home in Kentwood, Michigan in 2022 is $309,676 which 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. The average one-bedroom apartment cost is approximately $878 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$878the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,065highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,384highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,574the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest