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105th most affordable of 199 in Metro Detroit

Cost of Living in Holly Township, MI

A typical home in Holly Township costs about $1,313 a month, 20.9% of the median household income of $75,276. That makes Holly Township the 34th most affordable of 56 places in Oakland County and 105th of 199 across Metro Detroit.

Median rent a month
$997
Median home value
$240,800
Owner cost with a mortgage
$1,629
Of income on housing
20.9%

Holly Township against Oakland County and the metro

Census median Holly Township Oakland County Metro Detroit
Median rent (monthly) $997 $1,376 $1,207
Median home value $240,800 $343,600 $249,700
Owner cost with a mortgage (monthly) $1,629 $1,998 $1,720
Median household income (yearly) $75,276 $97,760 $76,664
Share of income on housing 20.9% 20.7% 22.9%

Ranked 34th most affordable of 56 in Oakland County. See all 56.

Cost of living near Holly Township

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

Living in Holly Township

Holly Township cost of living questions

5 questions

Is Holly Township, MI expensive to live in?
A typical home in Holly Township takes 20.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 105th most affordable of 199 places.
What is the average rent in Holly Township?
The median gross rent is $997 a month, rent plus the utilities the renter pays, 17% below the metro.
How much does a house cost in Holly Township?
Owners put the median home value at $240,800, 4% below the metro. With a mortgage, the median owner pays $1,629 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Holly Township?
Spending no more than 30% of income on housing, the usual rule, a typical Holly Township home at $1,313 a month calls for about $53,000 a year. The median household here earns $75,276.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Holly 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.