Housing costs in Homer township (Midland County)?
A typical home costs
$215,000, which is 36.4% less expensive than the national average of
$338,100 and 1.7% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Homer township (Midland County) 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 Homer township (Midland County)?
To live comfortably in Homer township (Midland County), Michigan, a minimum annual income of
$41,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Homer township (Midland County)?
Homer Township (Midland County), MI is a small rural area with an affordable cost of living. The median home value in the township is $128,800 - well below the national average. Renters in Homer Township can expect to pay an average of $830 per month for a two-bedroom apartment, which is significantly lower than other parts of Michigan. Taxes are also reasonably low, and utilities tend to be cheaper than other areas due to the smaller population size. Overall, residents of Homer Township enjoy a good quality of life at an affordable cost.