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50th most affordable of 199 in Metro Detroit

Cost of Living in Oceola Township, MI

A typical home in Oceola Township costs about $1,796 a month, 18.1% of the median household income of $118,870. That makes Oceola Township the 6th most affordable of 20 places in Livingston County and 50th of 199 across Metro Detroit.

Median rent a month
$1,673
Median home value
$368,700
Owner cost with a mortgage
$1,919
Of income on housing
18.1%

Oceola Township against Livingston County and the metro

Census median Oceola Township Livingston County Metro Detroit
Median rent (monthly) $1,673 $1,287 $1,207
Median home value $368,700 $356,800 $249,700
Owner cost with a mortgage (monthly) $1,919 $1,899 $1,720
Median household income (yearly) $118,870 $103,039 $76,664
Share of income on housing 18.1% 18.6% 22.9%

Ranked 6th most affordable of 20 in Livingston County. See all 20.

Cost of living near Oceola Township

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

Living in Oceola Township

Oceola Township cost of living questions

5 questions

Is Oceola Township, MI expensive to live in?
A typical home in Oceola Township takes 18.1% of the median household income, against 22.9% across Metro Detroit, which ranks it 50th most affordable of 199 places.
What is the average rent in Oceola Township?
The median gross rent is $1,673 a month, rent plus the utilities the renter pays, 39% above the metro.
How much does a house cost in Oceola Township?
Owners put the median home value at $368,700, 48% above the metro. With a mortgage, the median owner pays $1,919 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Oceola Township?
Spending no more than 30% of income on housing, the usual rule, a typical Oceola Township home at $1,796 a month calls for about $72,000 a year. The median household here earns $118,870.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Oceola 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.