Housing costs in Republic township?
A typical home costs
$99,900, which is 70.5% less expensive than the national average of
$338,100 and 54.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Republic township costs
$930 per month, which is 35.0% more than the national average of
$1,430 and 18.3% more than the state average of
$1,100.
Can I afford Republic township?
To live comfortably in Republic township, Michigan, a minimum annual income of
$19,080 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Republic township?
The cost of living in Republic Township, MI is quite reasonable. The median home value is $105,200 which is significantly lower than the national median home value of $231,200. Additionally, the median household income is $56,741, which is lower than the national average of $61,937. The cost of basic necessities such as groceries and healthcare are also much more affordable in Republic Township when compared to other areas of Michigan. In addition to the low median house prices and cost of living expenses, Republic Township also boasts excellent schools and a safe community with low crime rates. All these factors make it an ideal place to live for those looking for an affordable lifestyle.