Rives township, Michigan

Cost of living in Rives township, Michigan

  • Cost of living compated to USAthe lowest
  • Cost of living compared to Michiganmoderate
  • Median household incomehigh

Is it expensive to live in Rives township, Michigan? When calculating the cost of living in Rives 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 Rives 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 moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Rives township is $70,071 which is high Analytics 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.

Taxes in Rives township, Michigan

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

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

Housing costs in Rives township, Michigan

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

In Rives township, Michigan, 90% of the population owns their homes, while approximately 10% rent. The average cost of a single-family home in Rives township, Michigan in 2022 is $229,196 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 $737 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$737moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$871lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,141moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,265moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest