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C+Cost of living
Cost of living in Grattan Township

Even on the area’s higher pay, Grattan Township costs more to live in than 59% of U.S. towns

It ranks #459 of 701 in Michigan for affordability. Home prices around Grattan Township have risen about 56% over the past 5 years. Builders were permitted 10 new homes in 2025.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Grand Rapids-Wyoming-Kentwood, MI metro area ($83K). How TownRatings grades cost of living

Typical home value
$421K
▲ 1.6% in a year · MI $278K
Estimate
2-bedroom rent
$1,470
a month, utilities in · HUD
Median tax bill
$3,735
MI $2,904
Area income (the grade’s yardstick)
$83K
Grand Rapids-area median
Why Grattan Township gets a C+ although people here earn more than most

The grade measures what housing costs against what households in the area earn. Grattan Township’s area earns well above the typical U.S. town ($83K against $74K), but homes, rent and taxes here run higher still. Owners keep up no better than renters: 22% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 14% of renters.

In dollars

  • $1,470a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
  • 96prices across the Grand Rapids metro, where the U.S. is 100 (housing 87)BEA Regional Price Parities, 2024

In paychecks the grade

  • 4.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$83K, Grand Rapids-area income
  • 16%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 22%of owners do; the typical U.S. town: 20%Census 2020–24

What kind of housing town is Grattan Township?

Read from the numbers below. The page puts what stands out first.

Cost of living grade

What’s behind Grattan Township’s grade

Measured against what households in the area earn, Grattan Township is more affordable than 41% of U.S. towns, #459 of 701 in Michigan. Home prices pull the grade down most; the share of households paying 30%+ for housing holds it up.

All U.S. towns we grade (21,243)More affordable than 41%
CostlierMore affordable
Michigan towns we grade (701)More affordable than 35%
How sure. Grattan Township’s Census figures cover about 1,542 households. At the ends of the Census margins (area income ±$875, owners paying 30%+ ±7.5 points), Grattan Township could be anywhere from C to B−.

How TownRatings grades cost of living →

Price trend

Home prices up 56% in 5 years

The federal house price index for the ZIP codes around Grattan Township rose 56% over the past 5 years, faster than across Michigan (52%). Last year prices rose 1.6%. Carrying the Census median home value forward with that index puts the typical Grattan Township home at roughly $421,000 today.

Grattan Township areaMichigan
−50%0%+50%+100%+150%200020052010201520202025
+1.6%
past year
+56%
past 5 years
+122%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $421K.

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

★ What stands out · Affordability

A typical home costs 4.3 years of area income

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

Household income a year
$
Grand Rapids-area median household income, as in the grade
You could afford about
$317,000
Typical Grattan Township home $421K

That’s $104K short of a typical Grattan Township home.

The typical home, each month
$2,570
Loan $2,080Tax $370Insurance $120

A two-bedroom rents for about $1,470 a month here, $1,100 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, Grattan Township’s typical property tax (1.05% 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 $1,470

Renters already here pay a median of $1,138, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,180
1 bedroom$1,230
2 bedrooms$1,470
3 bedrooms$1,910
4 bedrooms$2,130
13%
of households rent · MI 27%
179
renter households
14%
of renters spend 30%+ of income on rent · MI 50%
16%
of the median income, for a two-bedroom
$1,138
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand Rapids-Wyoming, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

10 new homes permitted in 2025

Builders were permitted 10 new homes in Grattan Township in 2025, all single-family houses, worth about $4.3 million to build. That's 2.6 per 1,000 residents, about the pace of Michigan as a whole. Over the past 10 years, Grattan Township has permitted 125 homes in all.

Single-family
01020304050200020052010201520202025
10
new homes permitted in 2025
5
2026 so far (Jan–Aug)
2.6
per 1,000 residents · MI 2.3
125
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+188
New homes+112

Between the 2010 and 2020 censuses, Grattan Township gained 188 residents while 112 new homes were permitted: about 1.7 new residents per new home, more than across Michigan (1.2): growth outpaced building.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)550$2.4 million
202510100$4.3 million
202411110$5.9 million
2023660$3.1 million
202214140$6.9 million
202112120$5.2 million
202015150$4.7 million
201914140$3.9 million
201820200$7 million
201710100$3 million
201613130$3.5 million
201512120$3.2 million
201411110$2.7 million
201310100$2.2 million
201210100$1.7 million
2011550$930,000
2010770$1.7 million
2009440$595,000
200812120$2.7 million
200715150$3 million
200618180$5.4 million
200522220$2.9 million
200442420$5.4 million
200331310$4.2 million
200218180$2.1 million
200124240$3.6 million
200022220$2.5 million

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

Property taxes

High tax bills, but a low tax rate

The median bill is $3,735 (Michigan: $2,904), because homes cost more. As a share of value it’s 1.05% a year, against 1.25% statewide.

$3,735
median bill a year · MI $2,904
1.05%
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 Grattan Township

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

CostHereCompared withAreaSource
Prices overall
U.S. = 100
96MI 96metroBEA, 2024
Goods (groceries, clothing, cars…)
U.S. = 100
94MI 96metroBEA, 2024
Utilities
U.S. = 100
94MI 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

Grattan Township vs. its neighbors

Zillow publishes no value for Grattan Township. Cannon Township and Vergennes Township and Oakfield Township and Otisco 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
Grattan TownshipC+—$356K1.05%$1,470
Oakfield TownshipB−—$347K0.88%$1,420
Vergennes TownshipC−—$392K0.90%$1,470
Cannon TownshipC—$461K1.02%$1,810
Otisco TownshipA−—$245K0.98%$1,300

“—” 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 Grattan Township

Is Grattan Township expensive to live in?

Measured against what households in the area earn, Grattan Township costs more than 59% of U.S. towns: a C+ for cost of living, #459 of 701 in Michigan. The typical home costs 4.3 years of the median household income of the Grand Rapids-Wyoming-Kentwood, MI metro area ($83K).

How much is rent in Grattan Township?

HUD puts a two-bedroom at about $1,470 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,138 (Census 2020–24).

What are property taxes in Grattan Township?

The median bill is $3,735 a year, 1.05% of the median home value (Michigan: $2,904, 1.25%), from the Census 2020–24.

Neighbors talk housing

What Grattan Township buyers, sellers and renters are saying.

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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.