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94th most affordable of 199 in Metro Detroit

Cost of Living in Imlay Township, MI

A typical home in Imlay Township costs about $1,398 a month, 20.2% of the median household income of $82,988. That makes Imlay Township the 15th most affordable of 24 places in Lapeer County and 94th of 199 across Metro Detroit.

Median rent a month
$1,116
Median home value
$298,100
Owner cost with a mortgage
$1,680
Of income on housing
20.2%

Imlay Township against Lapeer County and the metro

Census median Imlay Township Lapeer County Metro Detroit
Median rent (monthly) $1,116 $988 $1,207
Median home value $298,100 $239,000 $249,700
Owner cost with a mortgage (monthly) $1,680 $1,512 $1,720
Median household income (yearly) $82,988 $77,306 $76,664
Share of income on housing 20.2% 19.4% 22.9%

Ranked 15th most affordable of 24 in Lapeer County. See all 24.

Cost of living near Imlay Township

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

Living in Imlay Township

Imlay Township cost of living questions

5 questions

Is Imlay Township, MI expensive to live in?
A typical home in Imlay Township takes 20.2% of the median household income, against 22.9% across Metro Detroit, which ranks it 94th most affordable of 199 places.
What is the average rent in Imlay Township?
The median gross rent is $1,116 a month, rent plus the utilities the renter pays, 8% below the metro.
How much does a house cost in Imlay Township?
Owners put the median home value at $298,100, 19% above the metro. With a mortgage, the median owner pays $1,680 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Imlay Township?
Spending no more than 30% of income on housing, the usual rule, a typical Imlay Township home at $1,398 a month calls for about $56,000 a year. The median household here earns $82,988.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Imlay 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.