Koylton township, Michigan

Cost of living in Koylton township, Michigan

Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomemoderate

Is it expensive to live in Koylton township, Michigan? When calculating the cost of living in Koylton 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 Koylton 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 Koylton township is $53,625 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 Koylton township, Michigan

The sales tax rate in Koylton township, Michigan is 6.0%. Last year, the average property taxes paid was 1.5% Koylton township, Michigan.

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

Housing costs in Koylton township, Michigan

The average cost of a single-family home compared to USAthe lowest
The average cost of a single-family home compared to Michiganthe lowest

In Koylton township, Michigan, 87.0% of the population owns their homes, while approximately 13.0% rent. The average cost of a single-family home in Koylton township, Michigan in 2022 is $148,529 which 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. The average one-bedroom apartment cost is approximately $795 per month.

Rental Size	Monthly Cost	Compared to Michigan
1 Bedroom	$795	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,012	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,273	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,368	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest