Housing costs in Houghton township (Keweenaw County)?
A typical home costs
$274,700, which is 18.8% less expensive than the national average of
$338,100 and 25.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Houghton township (Keweenaw County) costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 34.1% more than the state average of
$1,100.
Can I afford Houghton township (Keweenaw County)?
To live comfortably in Houghton township (Keweenaw County), Michigan, a minimum annual income of
$52,560 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Houghton township (Keweenaw County)?
Houghton Township, MI has an average cost of living that is lower than the United States average. The median household income in Houghton Township is $61,898 and the median home value is $117,000. This provides residents with a great deal of affordability when it comes to housing costs. Basic necessities such as groceries, utilities, and transportation are also quite affordable in Houghton Township. Additionally, property taxes are relatively low compared to other parts of Michigan. All these factors contribute to making Houghton Township an appealing place for those who want to live comfortably without spending too much of their income on everyday expenses.