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A−Cost of living
Cost of living in Wright Township

Measured against area pay, Wright Township costs less to live in than 84% of U.S. towns

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Hillsdale, MI micro area ($64K). How TownRatings grades cost of living

Typical home value
$131K
MI $232K
Estimate
2-bedroom rent
$1,130
a month, utilities in · HUD
Median tax bill
$1,298
MI $2,904
Area income (the grade’s yardstick)
$64K
Hillsdale-area median
Why Wright Township gets an A−

The grade compares costs with what households across the Hillsdale-area micro earn ($64K, Census 2020–24). The typical home costs 2.0 years of area income, and 29% of renters pay 30% or more of income for housing.

In dollars

  • $1,130a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026

In paychecks the grade

  • 2.0 yrsof area income buys the typical home; the typical U.S. town: 3.3$64K, Hillsdale-area income
  • 17%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

What stands out about housing in Wright Township

Cost of living grade

What’s behind Wright Township’s grade

Measured against what households in the area earn, Wright Township is more affordable than 84% of U.S. towns. Rent pulls the grade down most; home prices hold it up.

All U.S. towns we grade (21,243)More affordable than 84%
CostlierMore affordable
How sure. Wright Township’s Census figures cover about 602 households. At the ends of the Census margins (area income ±$2,663, owners paying 30%+ ±6.7 points), Wright Township could be anywhere from B+ to A.

How TownRatings grades cost of living →

Affordability

A typical home costs 2.0 years of area income

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

Household income a year
$
Hillsdale-area median household income, as in the grade
You could afford about
$246,000
Typical Wright Township home $131K

That covers a typical Wright Township home, with $115K to spare.

The typical home, each month
$790
Loan $650Tax $110Insurance $40

A two-bedroom rents for about $1,130 a month here, $340 more 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, Wright Township’s typical property tax (0.99% 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 $1,130

Renters already here pay a median of $913, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$860
2 bedrooms$1,130
3 bedrooms$1,420
4 bedrooms$1,510
17%
of households rent · MI 27%
77
renter households
29%
of renters spend 30%+ of income on rent · MI 50%
25%
of the median income, for a two-bedroom
$913
median rent paid today · Census

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

Property taxes

Property tax runs below the Michigan norm

The median bill is $1,298 (Michigan: $2,904), 0.99% of a home’s value a year, against 1.25% statewide.

$1,298
median bill a year · MI $2,904
0.99%
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 Wright Township

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

CostHereCompared withAreaSource
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

Wright Township vs. its neighbors

Zillow publishes no value for Wright Township. Amboy Township and Ransom Township and Medina Township and Mill Creek 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
Wright TownshipA−—$131K0.99%$1,130
Pittsford TownshipB−$203K$158K0.87%$1,110
Medina TownshipB+—$165K1.30%$1,070
Ransom Township–—$171K0.76%$1,040
Mill Creek Township–—$114K1.01%$1,010
Amboy TownshipB—$238K0.87%$1,040

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).

Questions about the cost of living in Wright Township

Is Wright Township expensive to live in?

Measured against what households in the area earn, Wright Township costs less than 84% of U.S. towns: an A− for cost of living. The typical home costs 2.0 years of the median household income of the Hillsdale, MI micro area ($64K).

How much is rent in Wright Township?

HUD puts a two-bedroom at about $1,130 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $913 (Census 2020–24).

What are property taxes in Wright Township?

The median bill is $1,298 a year, 0.99% of the median home value (Michigan: $2,904, 1.25%), from the Census 2020–24.

Neighbors talk housing

What Wright 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. 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.