Housing costs in Spring Lake township?
A typical home costs
$395,600, which is 17.0% more expensive than the national average of
$338,100 and 80.9% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Spring Lake township costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Spring Lake township?
To live comfortably in Spring Lake township, Michigan, a minimum annual income of
$75,960 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Spring Lake township?
The cost of living in Spring Lake Township, MI is generally affordable. The median home cost in the area is around $179,000, which is below the state median of $220,000. Grocery prices are lower than average for Michigan and utilities tend to be more reasonable compared to other areas of the state. Residents also enjoy no city income tax which helps reduce costs even further. On top of that, there are plenty of community amenities such as trails and parks that provide free entertainment and activity options for families and individuals. Overall, Spring Lake Township provides a high quality of life at an overall affordable cost.