Cost of living
Sherman township (Iosco County), Michigan
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Cost of living in Sherman township (Iosco County), Michigan
Cost of living compared to USAthe lowest
Cost of living compared to Michiganlow
Median household incomethe lowest
Is it expensive to live in Sherman township (Iosco County), Michigan? When calculating the cost of living in Sherman township (Iosco County), 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 Sherman township (Iosco County), 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 Sherman township (Iosco County) is $41,417 which is the lowest Analytics 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.
Taxes in Sherman township (Iosco County), Michigan
The sales tax rate in Sherman township (Iosco County), Michigan is 6.0%. Last year, the average property taxes paid was 1.2% Sherman township (Iosco County), Michigan.
The state income tax in the state of Michigan is 4.25%.
Housing costs in Sherman township (Iosco County), Michigan
The average cost of a single-family home compared to USAlow
The average cost of a single-family home compared to Michiganlow
In Sherman township (Iosco County), Michigan, 92.0% of the population owns their homes, while approximately 8.0% rent. The average cost of a single-family home in Sherman township (Iosco County), Michigan in 2022 is $163,710 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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