Commute
High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.
Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Lathrup Village, Michigan is a small city with a population of 4,243 inhabitants. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lathrup Village is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Lathrup Village, Michigan could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Lathrup Village and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
With a livability score of 86 out of 100, Lathrup Village is ranked #276 in the United States and #15 in Michigan. Clearly, Lathrup Village is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Lathrup Village also ranks in the top 10 percent of all cities. If we probe a little deeper into each category within the livability score, we see that Lathrup Village has higher than average grades for the following: crime (A+), cost of living (B), education (A-) and employment (A+). There is at least one category that did not score well in Lathrup Village. The following was graded with a discouraging score: amenities (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lathrup Village market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lathrup Village. 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 Lathrup Village are affordable. The median home price for Lathrup Village homes is $380,054, which is 61.2% higher than the Michigan average. If we take a closer look at the affordability of homes in Lathrup Village, we’ll see that the home price to income ratio is 2.6, which is 18.8% lower than the Michigan average.
| Statistic | Lathrup Village | Michigan | National |
| Average one way commute | 25min | 24min | 26min |
| Workers who drive to work | 86.7% | 82.5% | 76.4% |
| Workers who carpool | 3.0% | 8.8% | 9.3% |
| Workers who take public transit | 1.8% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 1.9% | 2.2% | 2.8% |
| Working from home | 6.7% | 3.7% | 4.6% |
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