Housing costs in Metamora township?
A typical home costs
$395,300, which is 16.9% more expensive than the national average of
$338,100 and 80.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Metamora township costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Metamora township?
To live comfortably in Metamora township, Michigan, a minimum annual income of
$75,600 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Metamora township?
The cost of living in Metamora township, MI is quite reasonable. The median home price is $157,000 which is much lower than the national average. Additionally, the median household income is $75,769 and the unemployment rate for the area is just 3.5%. This means that those who live in Metamora Township have access to high-paying jobs and can afford a comfortable lifestyle. The overall cost of living index in this area is 90.2, which is below the national average of 100. Other factors such as taxes and transportation costs are also quite low, making Metamora Township an ideal place for individuals and families looking to find an affordable place to live.