Housing costs in Burr Oak?
A typical home costs
$156,200, which is 53.8% less expensive than the national average of
$338,100 and 28.6% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Burr Oak costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 29.4% cheaper than the state average of
$1,100.
Can I afford Burr Oak?
To live comfortably in Burr Oak (zip 49030), Michigan, a minimum annual income of
$29,880 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Burr Oak?
The cost of living in 49030 Burr Oak, MI is relatively low compared to the national average. The median home value in the town is just over $80,000, nearly 25% lower than the national median home value. Additionally, the unemployment rate in 49030 Burr Oak stands at 3.6%, well below both the state and national averages. Other factors such as goods and services costs are also lower than the national average, making 49030 Burr Oak an attractive option for those looking for a reasonably priced place to live.