Housing costs in Hubbard Lake?
A typical home costs
$169,900, which is 49.7% less expensive than the national average of
$338,100 and 22.3% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Hubbard Lake costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,100.
Can I afford Hubbard Lake?
To live comfortably in Hubbard Lake (zip 49747), Michigan, a minimum annual income of
$32,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hubbard Lake?
The cost of living in 49747 Hubbard Lake, MI is quite reasonable. The town has a median home value of $169,200 and the median household income is $53,219. The cost of goods and services in the area are very similar to the national average, making it an affordable place to live for many people. Property taxes are relatively low as well, further helping to reduce the overall cost of living. Overall, residents can expect to pay slightly less than the national average for housing costs, groceries, and other amenities.