Lakewood Club, Michigan

Cost of living in Lakewood Club, Michigan

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

Is it expensive to live in Lakewood Club, Michigan? When calculating the cost of living in Lakewood Club, 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 Lakewood Club, 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 Lakewood Club is $55,843 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 Lakewood Club, Michigan

The sales tax rate in Lakewood Club, Michigan is 6.0%. Last year, the average property taxes paid was 1.7% Lakewood Club, Michigan.

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

Housing costs in Lakewood Club, Michigan

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

In Lakewood Club, Michigan, 86.0% of the population owns their homes, while approximately 14.0% rent. The average cost of a single-family home in Lakewood Club, Michigan in 2022 is $246,512 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 $810 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$810moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,050moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,317moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,407moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
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