Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Ratings
AreaVibes conducted surveys and polls with locals who live in the area. The results were not favorable for walkability of amenities, parks, public transit and the overall sense of community in the area.
Located in the state of Michigan, Canadian Lakes is a small-sized city with a population of 2,823 residents. If we look at the most recent Census, Canadian Lakes is known to have a predominantly White population. The next two most common races are Black and Asian. Canadian Lakes is considered to be a city with an aging population. The average age of all residents is 65, which is well beyond the United States median age average. Canadian Lakes has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 83% of the population is classified as married and 14% have kids. Something to be aware of when living in Canadian Lakes are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 39 minutes, this comes in much higher than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Canadian Lakes, Michigan. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like cost of living, health & safety, education, housing, you can easily compare the best places to live in Canadian Lakes and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Canadian Lakes to Michigan and the national average.
The livability score in Canadian Lakes is 66 out of 100 and the city is ranked in the 62nd percentile of all cities across America. For each of the livability categories, we know that Canadian Lakes ranks very well for crime (A+), cost of living (A-), employment (B) and housing (A+). Regrettably for Canadian Lakes, there are some categories for which it does not score well, this includes: amenities (F).
The Canadian Lakes unemployment rate of 2.2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Canadian Lakes has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Canadian Lakes real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Canadian Lakes. Median real estate prices in Canadian Lakes come in at $350,483, which is 48.6% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Canadian Lakes, the home price to income ratio is 3.8, which is 18.8% higher than the Michigan average.
| Statistic | Canadian Lakes | Michigan | National |
| Average one way commute | 39min | 24min | 26min |
| Workers who drive to work | 85.8% | 82.5% | 76.4% |
| Workers who carpool | 8.7% | 8.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.0% | 2.2% | 2.8% |
| Working from home | 5.4% | 3.7% | 4.6% |
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