Cost of living
Reno township, Michigan
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Cost of living in Reno township, Michigan
Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomelow
Is it expensive to live in Reno township, Michigan? When calculating the cost of living in Reno 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 Reno 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 Reno township is $45,000 which is low Analytics 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.
Taxes in Reno township, Michigan
The sales tax rate in Reno township, Michigan is 6.0%. Last year, the average property taxes paid was 1.2% Reno township, Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Reno township, Michigan
The average cost of a single-family home compared to USAlow
The average cost of a single-family home compared to Michiganlow
In Reno township, Michigan, 92.0% of the population owns their homes, while approximately 8.0% rent. The average cost of a single-family home in Reno township, Michigan in 2022 is $166,767 which is lowAnalytics 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. The average one-bedroom apartment cost is approximately $[no data] per month.
| Rental Size | Monthly Cost | Compared 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 |
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