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Affordable
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These days, finding an affordable place to live in the Traunik area can be challenging. Home prices in Traunik are now at a median cost of $181,900, lower than the Michigan average of $250,415.
The average cost of rent is $485/mo in Traunik, primarily driven by the current value of real estate in the Traunik area. In Traunik, 0.43% of households rent, and 55.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Traunik is $5,154 per month. Households that rent pay about 9.41% of their income on rent here. Traunik’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trenary, MI: equally priced homes
- Limestone, MI: higher priced homes
- Chatham, MI: higher priced homes
- Kiva, MI: equally priced homes
- Slapneck, MI: higher priced homes
- Eben Junction, MI: higher priced homes
- Ladoga, MI: higher priced homes
- Rumely, MI: higher priced homes
- Dixon, MI: higher priced homes
- Lawson, MI: higher priced homes
Cities with Similar Populations
- Vayland, SD: less expensive homes
- Clementson, MN: equally priced homes
- Clementsville, TN: equally priced homes
- Clifton, OR: higher priced homes
- Clifty, AR: higher priced homes
- Usta, SD: less expensive homes
- Utahville, PA: less expensive homes
- Utleyville, CO: higher priced homes
- Valdez, CO: higher priced homes
- Valley City, IL: less expensive homes
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