37th most affordable of 199 in Metro Detroit
Cost of Living in Addison Township, MI
A typical home in Addison Township costs about $1,624 a month, 17.6% of the median household income of $110,574. That makes Addison Township the 12th most affordable of 56 places in Oakland County and 37th of 199 across Metro Detroit.
- Median rent a month
- $1,102
- Median home value
- $416,700
- Owner cost with a mortgage
- $2,145
- Of income on housing
- 17.6%
Addison Township against Oakland County and the metro
| Census median | Addison Township | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,102 | $1,376 | $1,207 |
| Median home value | $416,700 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $2,145 | $1,998 | $1,720 |
| Median household income (yearly) | $110,574 | $97,760 | $76,664 |
| Share of income on housing | 17.6% | 20.7% | 22.9% |
Ranked 12th most affordable of 56 in Oakland County. See all 56.
Cost of living near Addison Township
The towns around Addison Township, each with its own page.
- Orion Township Rent $1,327 · Home $369,900 27th most affordable in the metro
- Washington Township Rent $1,151 · Home $408,400 110th most affordable in the metro
- Almont Township Rent $968 · Home $297,300 46th most affordable in the metro
- Oakland Township Rent $2,189 · Home $588,900 39th most affordable in the metro
- Bruce Township Rent $1,362 · Home $388,600 24th most affordable in the metro
- Dryden Township Rent $1,165 · Home $302,200 40th most affordable in the metro
- Oxford Rent $962 · Home $347,800 127th most affordable in the metro
- Lake Orion Rent $798 · Home $376,600 72nd most affordable in the metro
Living in Addison Township
- Homes for sale in Addison Township Listings and off-market deals
- Rentals in Addison Township Houses and apartments for rent
- Addison Township neighborhoods Every neighborhood on a map
- Addison Township crime rate From Addison Township's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Addison Township city guide Pros, homes and city services
Addison Township cost of living questions
5 questions
Is Addison Township, MI expensive to live in?
A typical home in Addison Township takes 17.6% of the median household income, against 22.9% across Metro Detroit, which ranks it 37th most affordable of 199 places.
What is the average rent in Addison Township?
The median gross rent is $1,102 a month, rent plus the utilities the renter pays, 9% below the metro.
How much does a house cost in Addison Township?
Owners put the median home value at $416,700, 67% above the metro. With a mortgage, the median owner pays $2,145 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Addison Township?
Spending no more than 30% of income on housing, the usual rule, a typical Addison Township home at $1,624 a month calls for about $65,000 a year. The median household here earns $110,574.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Addison Township. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.