Jenison, MI

Average · 106

Michigan · Population 17,334 · Updated March 2026

$1,962
Median Rent / Month
$86,063
Median Income
$257,600
Median Home Value
$1,211
Owner Costs / Month

Affordability

How far your income goes in Jenison

27.4%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Michigan

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
6.0%
Sales Tax
1.38%
Property Tax Rate

Estimated Annual Costs

$23,544
Annual Rent
$3,658
State Income Tax
$3,555
Property Tax (est.)

Cost of Living Overview

Jenison is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Jenison residents can expect to pay median rent of $1,962/month while earning a median household income of $86,063/year.

The median home value in Jenison, MI is $257,600, with typical monthly owner costs around $1,211 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.4%, Jenison falls within the generally affordable range, though it's approaching the 30% burden threshold.

Michigan has a moderate income tax rate of 4.25%. Combined with a 6.0% sales tax rate and 1.38% effective property tax rate, the overall tax environment is a factor in the total cost of living in Jenison.

Frequently Asked Questions

Common questions about living costs in Jenison

What is the cost of living in Jenison, MI?
The cost of living index in Jenison, MI is 106 (US average = 100). Median monthly rent is $1,962, median household income is $86,063/year, and the median home value is $257,600.
Is Jenison, MI affordable?
No, Jenison is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 27.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Jenison, MI?
The median gross rent in Jenison, MI is $1,962 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,544.
What is the median household income in Jenison?
The median household income in Jenison, MI is $86,063 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Michigan?
Michigan has a top income tax rate of 4.25%, a sales tax of 6.0%, and an effective property tax rate of 1.38%.