48th most affordable of 199 in Metro Detroit
Cost of Living in Springfield Township, MI
A typical home in Springfield Township costs about $1,648 a month, 18.0% of the median household income of $110,101. That makes Springfield Township the 15th most affordable of 56 places in Oakland County and 48th of 199 across Metro Detroit.
- Median rent a month
- $1,206
- Median home value
- $384,800
- Owner cost with a mortgage
- $2,090
- Of income on housing
- 18.0%
Springfield Township against Oakland County and the metro
| Census median | Springfield Township | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,206 | $1,376 | $1,207 |
| Median home value | $384,800 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $2,090 | $1,998 | $1,720 |
| Median household income (yearly) | $110,101 | $97,760 | $76,664 |
| Share of income on housing | 18.0% | 20.7% | 22.9% |
Ranked 15th most affordable of 56 in Oakland County. See all 56.
Cost of living near Springfield Township
The towns around Springfield Township, each with its own page.
- Highland Township Rent $1,048 · Home $330,800 58th most affordable in the metro
- Holly Township Rent $997 · Home $240,800 105th most affordable in the metro
- Waterford Rent $1,111 · Home $250,900 109th most affordable in the metro
- White Lake Rent $1,516 · Home $327,000 120th most affordable in the metro
- Groveland Township Rent $1,584 · Home $342,500 91st most affordable in the metro
- Independence Township Rent $1,453 · Home $381,700 59th most affordable in the metro
- Rose Township Rent $1,150 · Home $345,100 38th most affordable in the metro
- Holly Rent $992 · Home $192,300 154th most affordable in the metro
Living in Springfield Township
- Homes for sale in Springfield Township Listings and off-market deals
- Rentals in Springfield Township Houses and apartments for rent
- Springfield Township neighborhoods Every neighborhood on a map
- Springfield Township crime rate From Springfield 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
- Springfield Township city guide Pros, homes and city services
Springfield Township cost of living questions
5 questions
Is Springfield Township, MI expensive to live in?
A typical home in Springfield Township takes 18.0% of the median household income, against 22.9% across Metro Detroit, which ranks it 48th most affordable of 199 places.
What is the average rent in Springfield Township?
The median gross rent is $1,206 a month, rent plus the utilities the renter pays, the same as the metro.
How much does a house cost in Springfield Township?
Owners put the median home value at $384,800, 54% above the metro. With a mortgage, the median owner pays $2,090 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Springfield Township?
Spending no more than 30% of income on housing, the usual rule, a typical Springfield Township home at $1,648 a month calls for about $66,000 a year. The median household here earns $110,101.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Springfield 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.