Forest Hills is a medium-sized city located in the state of Michigan. The city has a population of 27,667 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (92% White). Given that fact, Forest Hills could be considered less diverse than other cities. Forest Hills is known to be family friendly as more than 92% of the population has already tied the knot. It might also be worth noting that 51% of residents also have children under the age of 18.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Forest Hills could be a positive experience compared to other cities in Michigan if you know where to look. Using the livability score which includes data from categories like amenities, cost of living, weather, employment, housing, you can easily compare the best places to live in Forest Hills and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Forest Hills to Michigan and the national average.
Forest Hills has a livability score of 83/100 and is ranked #33 in Michigan and #780 in the USA. Compared to the national average, Forest Hills ranks among some of the best places to live in the country! Forest Hills also ranks in the top 10 percent of all cities, which is no small feat! If we dig a little deeper into each category within the livability score, we see that Forest Hills has higher than average grades for the following: amenities (B), crime (A), education (A+), employment (A) and housing (A). Regrettably for Forest Hills, there are some categories for which it does not score well, this includes: cost of living (F) and weather (D-).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Forest Hills on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Forest Hills have a test score average of 71%, which is well above the US average.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Forest Hills apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
Assuming that Forest Hills meets all of your requirements, the next most important item to examine is the affordability of real estate in Forest Hills. Everything else becomes a lot less important if it turns out that home prices in Forest Hills are simply unattainable. Median real estate prices in Forest Hills come in at $286,200, which is 123.9% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Forest Hills, the home price to income ratio is 2.4, which is 4% lower than the Michigan average. Real estate appreciation rates in Forest Hills are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Forest Hills homes comes in at 5.7%, and the 5 year appreciation rates were 7.6%.
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