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46th most affordable of 199 in Metro Detroit

Cost of Living in Almont Township, MI

A typical home in Almont Township costs about $1,375 a month, 18.0% of the median household income of $91,519. That makes Almont Township the 10th most affordable of 24 places in Lapeer County and 46th of 199 across Metro Detroit.

Median rent a month
$968
Median home value
$297,300
Owner cost with a mortgage
$1,781
Of income on housing
18.0%

Almont Township against Lapeer County and the metro

Census median Almont Township Lapeer County Metro Detroit
Median rent (monthly) $968 $988 $1,207
Median home value $297,300 $239,000 $249,700
Owner cost with a mortgage (monthly) $1,781 $1,512 $1,720
Median household income (yearly) $91,519 $77,306 $76,664
Share of income on housing 18.0% 19.4% 22.9%

Ranked 10th most affordable of 24 in Lapeer County. See all 24.

Cost of living near Almont Township

The towns around Almont Township, each with its own page.

Living in Almont Township

Almont Township cost of living questions

5 questions

Is Almont Township, MI expensive to live in?
A typical home in Almont Township takes 18.0% of the median household income, against 22.9% across Metro Detroit, which ranks it 46th most affordable of 199 places.
What is the average rent in Almont Township?
The median gross rent is $968 a month, rent plus the utilities the renter pays, 20% below the metro.
How much does a house cost in Almont Township?
Owners put the median home value at $297,300, 19% above the metro. With a mortgage, the median owner pays $1,781 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Almont Township?
Spending no more than 30% of income on housing, the usual rule, a typical Almont Township home at $1,375 a month calls for about $55,000 a year. The median household here earns $91,519.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Almont 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.