Housing costs in Stephenson?
A typical home costs
$142,700, which is 57.8% less expensive than the national average of
$338,100 and 34.8% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Stephenson costs
$800 per month, which is 27.3% cheaper than the national average of
$1,100 and 3.8% cheaper than the state average of
$830.
Can I afford Stephenson?
To live comfortably in Stephenson (zip 49887), Michigan, a minimum annual income of
$27,360 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Stephenson?
The cost of living in 49887 Stephenson, MI is higher than the national average. The median home price in this zip code is around $82,000 according to Zillow, which is higher than the national average of $216,000. Rent prices are also more expensive than most other areas, with median rents ranging from $650-$700 per month. Groceries and other necessities such as transportation are also more expensive due to the high cost of living. Despite being slightly above average in terms of cost of living, Stephenson remains a desirable place to live because of its quiet atmosphere and proximity to Detroit.