Quick facts: Tekonsha, MI

Quick Facts

94.9
Cost of Living
below US average
666
Population
22.52
Crime Rate per 1000
below US average
$59,063
Median Income
below US average
$199,900
Median House Price
above US average
$1435
Average Rent
above US average
10%
Poverty Rate
below US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,063.

🏠

Income Needed to Buy

βœ— Stretch
$63k/year
Based on $199,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $59,063
🏒

Income Needed to Rent

⚠ Stretch
$61k/year
Based on $1435/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $61k vs median $59,063
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tekonsha, MI

Tekonsha is a small village located in Calhoun County, Michigan. Nestled within the scenic landscape of southwestern Michigan, it is known for its rural charm and close-knit community. The village, which covers a relatively small area, has a population of just a few hundred residents, reflecting a tight community where neighborly connections thrive. Tekonsha is positioned near the intersection of several local highways, making it accessible yet peaceful. The surrounding countryside offers opportunities for outdoor activities such as hiking, fishing, and camping, particularly in nearby parks and natural areas. Historically, Tekonsha evolved from a hub of agriculture and industry, with remnants of its rich past visible in local architecture and community events. The village hosts a number of small businesses and amenities that cater to residents' daily needs, while its location provides easy access to larger cities like Battle Creek and Coldwater for additional services and entertainment. Overall, Tekonsha offers a serene lifestyle with a strong sense of community, making it an inviting place for those seeking a quieter way of life in Michigan.

πŸ” Search & Compare Places

First Location πŸ“