Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Rockwood, Michigan is a smaller city with a population of 3,275 people. The majority of Rockwood residents report their race to be White; this is followed by Asian and Black. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Rockwood your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Rockwood, 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. Finding the best places to live in Rockwood and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, health & safety, housing and other important metrics.
The livability score in Rockwood is 76/100 and the city is ranked in the 89th percentile of all cities across America. This is a fantastic score, as Rockwood ranks well in multiple categories! If we explore each of the categories individually, we see that Rockwood ranks well for crime (A+), cost of living (A+) and employment (A+). The bad news for Rockwood, there are some categories for which it does not score well, this includes: amenities (F).
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Rockwood, it boasts a notably low violent crime rate of 129 crimes per 100,000 residents, which significantly outperforms the national average.
The unemployment rate in Rockwood has consistently declined over the years and currently stands well below the national average at 1.4%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 Rockwood 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.
Assuming that Rockwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Rockwood. Everything else becomes a lot less important if it turns out that home prices in Rockwood are simply unattainable. The median home price for Rockwood homes is $264,636, which is 12.2% higher than the Michigan average. If we take a closer look at the affordability of homes in Rockwood, we’ll see that the home price to income ratio is 2.1, which is 34.4% lower than the Michigan average.
| Statistic | Rockwood | Michigan | National |
| Average one way commute | 25min | 24min | 26min |
| Workers who drive to work | 92.4% | 82.5% | 76.4% |
| Workers who carpool | 7.6% | 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 | 0.0% | 3.7% | 4.6% |
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