Cost of living in Sheridan charter township, Michigan
Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomehigh
Is it expensive to live in Sheridan charter township, Michigan? When calculating the cost of living in Sheridan charter 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 Sheridan charter 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 Sheridan charter township is $71,141 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 the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.
Taxes in Sheridan charter township, Michigan
The sales tax rate in Sheridan charter township, Michigan is 6.0%. Last year, the average property taxes paid was 1.5% Sheridan charter township, Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Sheridan charter township, Michigan
The average cost of a single-family home compared to USAmoderate
The average cost of a single-family home compared to Michiganmoderate
In Sheridan charter township, Michigan, 92.0% of the population owns their homes, while approximately 8.0% rent. The average cost of a single-family home in Sheridan charter township, Michigan in 2022 is $213,849 which is moderateAnalytics 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. The average one-bedroom apartment cost is approximately $777 per month.
| Rental Size | Monthly Cost | Compared to Michigan |
|---|---|---|
| 1 Bedroom | $777 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,007 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,257 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,355 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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