Located in the state of Michigan, Rochester Hills is a medium-sized city with a population of 72,987 inhabitants. If we look at the most recent Census, Rochester Hills is known to have a predominantly White population. The next two most common races are Asian and Black. If finding a family friendly city is important to you, look no further. With more than 86% of the population considered married and 57% with kids under the age of 18, Rochester Hills could be considered a very suitable city for families.
Living in Rochester Hills can be a positive experience for anyone relocating to the town. Having said that, in the state of Michigan, there are many desirable places to live, so choose wisely! To help you find the best places to live in and around Rochester Hills, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, weather, employment and more.
The livability score in Rochester Hills is 83/100 and the city is ranked in the 97th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Rochester Hills could be a great choice! Rochester Hills also ranks in the top 10 percent of all cities, which is no small feat! If we consider each of the categories individually, we see that Rochester Hills ranks well for amenities (A+), crime (A+), education (A), employment (B) and housing (B). On a more negative note, Rochester Hills does not have favorable grades for the following: cost of living (D-) and weather (D-). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Rochester 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.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 53 crimes per 100,000 residents, Rochester Hills has a violent crime rate that is far below the national 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 Rochester 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 Rochester Hills meets all of your requirements, the next most important item to examine is the affordability of real estate in Rochester Hills. Everything else becomes a lot less important if it turns out that home prices in Rochester Hills are simply unattainable. Median real estate prices in Rochester Hills come in at $247,500, which is 93.7% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Rochester Hills, the home price to income ratio is 3, which is 20% higher than the Michigan average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Rochester Hills area were 7.1% and 5 year appreciation rates were 6.2%.
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