Housing costs in Madison township (Lackawanna County)?
A typical home costs
$278,800, which is 17.5% less expensive than the national average of
$338,100 and 14.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Madison township (Lackawanna County) costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 18.6% cheaper than the state average of
$1,210.
Can I afford Madison township (Lackawanna County)?
To live comfortably in Madison township (Lackawanna County), Pennsylvania, a minimum annual income of
$53,280 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Madison township (Lackawanna County)?
Madison Township (Lackawanna County), PA is an affordable place to live. According to recent studies, the cost of living in Madison Township is 13 percent lower than the national average and 8 percent lower than the Pennsylvania state average. The median home value in Madison Township is just under $129,000, making it a great area for those looking for an affordable place to call home. The median household income in Madison Township is also below the national average at $53,879. Utilities costs are also lower than the national average, with electricity costs coming in at 7 percent lower and natural gas costs falling 10 percent lower than the rest of the country. All of this adds up to a low cost of living that makes Madison Township a great place to live and work.