Housing costs in Vermontville?
A typical home costs
$191,200, which is 43.4% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Vermontville costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 10.0% cheaper than the state average of
$1,100.
Can I afford Vermontville?
To live comfortably in Vermontville (zip 49096), Michigan, a minimum annual income of
$36,720 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Vermontville?
The cost of living in 49096 Vermontville, MI is relatively low compared to other parts of the state. The median home value is $95,000, which is a great deal for buyers looking to purchase a house. The median household income is around $44,500, and the average housing cost as a percentage of income is only 22 percent. This figure shows that it’s possible for many people to live comfortably within their means in this area while still having enough money left over for leisure and recreation activities. Property taxes are also quite low—the tax rate here in Vermontville is only 1.71 percent of assessed value. This rate is much lower than most areas in Michigan and makes it easy for residents to budget without being impacted by high property taxes.