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B+Cost of living
Cost of living in Egelston Township

Measured against area pay, Egelston Township costs less to live in than 66% of U.S. towns

It ranks #198 of 701 in Michigan for affordability. Home prices around Egelston Township have risen about 73% over the past 5 years. Builders were permitted 23 new homes in 2025.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Muskegon-Norton Shores, MI metro area ($65K). How TownRatings grades cost of living

Typical home value
$206K
▲ 5.1% in a year · MI $278K
Estimate
2-bedroom rent
$1,180
a month, utilities in · HUD
Median tax bill
$1,989
MI $2,904
Area income (the grade’s yardstick)
$65K
Muskegon-area median
Why Egelston Township gets a B+

The grade compares costs with what households across the Muskegon metro earn ($65K, Census 2020–24). The typical home costs 2.5 years of metro income, and 60% of renters pay 30% or more of income for housing.

In dollars

  • $1,180a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
  • 93prices across the Muskegon metro, where the U.S. is 100 (housing 74)BEA Regional Price Parities, 2024

In paychecks the grade

  • 2.5 yrsof area income buys the typical home; the typical U.S. town: 3.3$65K, Muskegon-area income
  • 19%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 21%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out · In brief

What Egelston Township’s housing numbers say

Homes haven’t kept up with new residents

Between the 2010 and 2020 censuses, Egelston Township gained 1,219 residents while 167 new homes were permitted: about 7.3 new residents per new home, against 1.2 across Michigan. New homes ↓

Prices rose faster than Michigan’s over five years

There’s no Zillow index for Egelston Township, so the page uses the federal house price index for the ZIP codes around it, which follows repeat sales of the same homes. It rose 73% over five years, against 52% across Michigan. Price trend ↓

Nearly every household owns

94% of Egelston Township households own their home, against 73% across Michigan. There are only 197 renter households, so rentals are scarce. Property taxes ↓

New building is almost all single-family houses

Of the 229 homes permitted in Egelston Township’s past 10 years, every one was a single-family house. New homes ↓

Written from the data on this page. There’s no Zillow index for Egelston Township, so the typical value is an estimate: the Census median carried forward with the federal house price index; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.

Cost of living grade

What’s behind Egelston Township’s grade

Measured against what households in the area earn, Egelston Township is more affordable than 66% of U.S. towns, #198 of 701 in Michigan. Rent pulls the grade down most; home prices hold it up.

All U.S. towns we grade (21,243)More affordable than 66%
CostlierMore affordable
Michigan towns we grade (701)More affordable than 72%
How sure. Egelston Township’s Census figures cover about 4,064 households. At the ends of the Census margins (area income ±$1,543, owners paying 30%+ ±6.4 points), Egelston Township could be anywhere from B− to A−.

How TownRatings grades cost of living →

Price trend

Home prices up 73% in 5 years

The federal house price index for the ZIP codes around Egelston Township rose 73% over the past 5 years, faster than across Michigan (52%). Last year prices rose 5.1%. Carrying the Census median home value forward with that index puts the typical Egelston Township home at roughly $206,000 today.

Egelston Township areaMichigan
−50%0%+50%+100%+150%+200%200020052010201520202025
+5.1%
past year
+73%
past 5 years
+158%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $206K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Egelston Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 2.5 years of area income

The calculator starts from the area income the grade uses. Switch to Egelston Township’s own median, or type yours.

Household income a year
$
Muskegon-area median household income, as in the grade
You could afford about
$242,000
Typical Egelston Township home $206K

That covers a typical Egelston Township home, with $35K to spare.

The typical home, each month
$1,290
Loan $1,020Tax $210Insurance $60

A two-bedroom rents for about $1,180 a month here, $110 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Egelston Township’s typical property tax (1.24% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,180

Renters already here pay a median of $1,008, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830
1 bedroom$910
2 bedrooms$1,180
3 bedrooms$1,430
4 bedrooms$1,570
6%
of households rent · MI 27%
197
renter households
60%
of renters spend 30%+ of income on rent · MI 50%
23%
of the median income, for a two-bedroom
$1,008
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Muskegon-Norton Shores, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

23 new homes permitted in 2025

Builders were permitted 23 new homes in Egelston Township in 2025, all single-family houses, worth about $7.6 million to build. That's 2 per 1,000 residents, about the pace of Michigan as a whole. Over the past 10 years, Egelston Township has permitted 229 homes in all.

Single-family2+ homes per building
0204060200020052010201520202025
23
new homes permitted in 2025
13
2026 so far (Jan–Aug)
2
per 1,000 residents · MI 2.3
229
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+1,219
New homes+167

Between the 2010 and 2020 censuses, Egelston Township gained 1,219 residents while 167 new homes were permitted: about 7.3 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Michigan: 1.2 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)13130$4.5 million
202523230$7.6 million
202420200$5.8 million
202316160$4.2 million
202219190$5 million
202122220$4.1 million
202019190$3.2 million
201925250$4.1 million
201834340$4.5 million
201721210$2.6 million
201630300$3.7 million
201519190$2.1 million
201417170$2.1 million
2013880$842,000
2012110$150,000
2011220$230,000
201010100$998,000
2009220$371,000
200813130$1.3 million
200720200$2.2 million
200622220$2 million
200532320$2.8 million
200433312$2.8 million
200355550$4.6 million
200233330$2.7 million
200142420$3.8 million
200038380$3.5 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Property taxes

Property tax runs below the Michigan norm

The median bill is $1,989 (Michigan: $2,904), 1.24% of a home’s value a year, against 1.25% statewide.

$1,989
median bill a year · MI $2,904
1.24%
of a home’s value a year · MI 1.25%

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Beyond rent and mortgage

The rest of a budget near Egelston Township

Only figures published free for the whole country, each labeled with the area it covers: the Muskegon-Norton Shores, MI metro area, or Michigan. Groceries follow the goods price level; nobody publishes them town by town.

CostHereCompared withAreaSource
Prices overall
U.S. = 100
93MI 96metroBEA, 2024
Goods (groceries, clothing, cars…)
U.S. = 100
94MI 96metroBEA, 2024
Utilities
U.S. = 100
93MI 100metroBEA, 2024
Other services
U.S. = 100
100MI 101metroBEA, 2024
Electricity
cents per kWh, homes
23.1¢U.S. 18.3¢stateEIA, July 2026

Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.

Next door

Egelston Township vs. its neighbors

Zillow publishes no value for Egelston Township. Cedar Creek Township and Sullivan Township and Moorland Township and Muskegon Township have no Zillow value, so they are in the table only.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
Egelston TownshipB+—$160K1.24%$1,180
Muskegon TownshipB—$150K1.30%$1,270
Moorland TownshipB+—$207K0.90%$1,240
Sullivan TownshipC—$216K0.92%$1,310
Cedar Creek TownshipB−—$225K1.07%$1,240

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in Egelston Township

Is Egelston Township expensive to live in?

Measured against what households in the area earn, Egelston Township costs less than 66% of U.S. towns: a B+ for cost of living, #198 of 701 in Michigan. The typical home costs 2.5 years of the median household income of the Muskegon-Norton Shores, MI metro area ($65K).

How much is rent in Egelston Township?

HUD puts a two-bedroom at about $1,180 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,008 (Census 2020–24).

What are property taxes in Egelston Township?

The median bill is $1,989 a year, 1.24% of the median home value (Michigan: $2,904, 1.25%), from the Census 2020–24.

Neighbors talk housing

What Egelston Township buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.