Lansing, Michigan is a medium-sized city with a population of 114,773 residents. Lansing tends to attract a younger crowd, as the median age of 32 is far below the national average. Not a fan of sitting in traffic? One big advantage of living in Lansing is the reasonable commute times to work. With an average one way commute time of 19 minutes, getting to work is faster than the national average of 26 minutes.
Living in Lansing can be a good experience for anyone moving to the city. Having said that, in the state of Michigan, there are many incredible places to live, so choose wisely! Finding the best places to live in Lansing and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education, employment, housing and other important metrics.
The livability score in Lansing is 63/100 and the city is ranked in the 30th percentile of all cities across America. Based on the rankings for each individual category, Lansing has been rewarded with high marks for amenities (A+), cost of living (B+) and housing (B-). There are some categories that Lansing does not rank well for, including: crime (F), weather (D-), education (F) and employment (F). It might be worth taking a closer look to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Lansing has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Potter Park Zoo, Michigan State Capitol, and Old Town.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lansing. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lansing are affordable. Median real estate prices in Lansing come in at $75,500, which is 40.9% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Lansing, the home price to income ratio is 2.1, which is 16% lower than the Michigan average. Year over year appreciation rates for homes in the Lansing area were 14.4% and the 5 year appreciation rates came in at 9.5%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.