Housing costs in Richland township (Missaukee County)?
A typical home costs
$200,200, which is 40.8% less expensive than the national average of
$338,100 and 8.5% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Richland township (Missaukee County) costs
$920 per month, which is 35.7% more than the national average of
$1,430 and 19.6% more than the state average of
$1,100.
Can I afford Richland township (Missaukee County)?
To live comfortably in Richland township (Missaukee County), Michigan, a minimum annual income of
$38,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Richland township (Missaukee County)?
Living in Richland Township is relatively affordable. The median home value is approximately $143,000, which is below the national average of $231,000. The median household income is slightly lower than the state average at around $54,000 per year. This means that residents in Richland Township have more money to spend on other expenses like groceries, transportation costs, and entertainment. The cost of living in Richland Township is also reasonably low when compared to other areas in Michigan with comparable incomes and home values. Property taxes are slightly higher than the state average, but they are still considered fairly low compared to other states. All of these factors make Richland Township an affordable place to live and enjoy all that it has to offer.