Housing costs in Schoolcraft?
A typical home costs
$271,200, which is 19.8% less expensive than the national average of
$338,100 and 24.0% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Schoolcraft costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$1,100.
Can I afford Schoolcraft?
To live comfortably in Schoolcraft (zip 49087), Michigan, a minimum annual income of
$51,840 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Schoolcraft?
The cost of living in 49087 Schoolcraft, MI is relatively low compared to other areas of the state. The median household income in the area is $42,521 and the median home value is $126,800. The housing market in the area consists mostly of single family homes and townhomes at an average cost of about $150,000. Rental costs are also relatively inexpensive with an average range between $700 and $900 per month depending on size and location. Overall, individuals looking for a more affordable place to live will find that 49087 Schoolcraft, MI offers competitive prices for housing costs.