Housing costs in Adrian?
A typical home costs
$176,800, which is 47.7% less expensive than the national average of
$338,100 and 19.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Adrian costs
$890 per month, which is 19.1% cheaper than the national average of
$1,100 and close to the state average of
$890.
Can I afford Adrian?
To live comfortably in Adrian (zip 49221), Michigan, a minimum annual income of
$33,840 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Adrian?
49221 Adrian, MI is a relatively affordable place to live when compared to other parts of Michigan. The median home price in the area is $110,000 and the median household income is $42,979. The cost of living in 49221 is around 11% lower than the national average and 8% lower than the state average. Groceries, healthcare, and housing are all generally cheaper in 49221 than they are elsewhere in Michigan. In addition, there are no state income taxes or property taxes due on wages or incomes earned within the city limits. All of these factors contribute to making 49221 an attractive place for those who want to enjoy a low cost of living while still being close to big city amenities.