Housing costs in Rapid River township (Kalkaska County)?
A typical home costs
$153,400, which is 54.6% less expensive than the national average of
$338,100 and 29.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Rapid River township (Kalkaska County) costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 29.4% more than the state average of
$1,100.
Can I afford Rapid River township (Kalkaska County)?
To live comfortably in Rapid River township (Kalkaska County), Michigan, a minimum annual income of
$29,520 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Rapid River township (Kalkaska County)?
The cost of living in Rapid River, MI is quite reasonable. The median home value in Rapid River is $119,200, which is lower than the national average of $231,200. In addition, the sales tax rate for Rapid River is 6%, and residents here pay an average property tax of 1.3%, which is also lower than the national average of 1.6%. The median household income for Rapid River is $53,233 while the national median income is $61,937. With such a reasonable cost of living and lower taxes, Rapid River makes for an excellent place to live and raise a family.