Housing costs in Ottawa Lake?
A typical home costs
$261,700, which is 22.6% less expensive than the national average of
$338,100 and 19.7% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Ottawa Lake costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 15.4% more than the state average of
$1,100.
Can I afford Ottawa Lake?
To live comfortably in Ottawa Lake (zip 49267), Michigan, a minimum annual income of
$50,040 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Ottawa Lake?
The cost of living in 49267 Ottawa Lake, MI is relatively affordable. The estimated median household income is $58,914, which is slightly above the national average. Additionally, the median home value in this area is $128,500 and the estimated median rent price for a two-bedroom apartment is $849 per month. Other costs like groceries, healthcare, and transportation are also generally lower than the national average. All of these factors make 49267 Ottawa Lake, MI an attractive place to live for those looking for an affordable lifestyle and great amenities.