Housing costs in Independence charter?
A typical home costs
$373,500, which is 10.5% more expensive than the national average of
$338,100 and 70.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Independence charter costs
$1,520 per month, which is 6.3% more than the national average of
$1,430 and 27.6% more than the state average of
$1,100.
Can I afford Independence charter?
To live comfortably in Independence charter, Michigan, a minimum annual income of
$71,640 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Independence charter?
Independence charter township is located in Oakland County, Michigan and is a thriving community with affordable living options. The cost of living in Independence charter township is quite reasonable compared to the rest of the state and nation. The median home value for the area is $222,000 with a median rent of $1,206 per month. Grocery costs are also quite manageable, with the average price of groceries coming in at $4.08 for a basket of basic items. Utility bills can be kept low too due to energy-efficient housing options that have been made available in recent years. Property taxes are also quite low compared to other parts of the country at just 0.77% per year on average. All these factors contribute to making Independence charter township an affordable option for people looking for a place to call home.