Located in the state of Michigan, Southfield is a medium-sized city with a population of 73,055 residents. With a total of 69%, the Black or African American racial group makes up the majority of the population in Southfield. The next most represented races are 24% White and 2% Asian. The average American spends an average of about 26 minutes on their one way commute each day. Lower travel times to work can increase overall happiness and allow for more time to be spent with family. While living in Southfield, your commute times will be about average with a one way commute time of 25 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Southfield could be a positive experience compared to other cities in Michigan if you know where to look. With useful information like crime, cost of living, employment and other key data points, finding the best places to live in Southfield and in the areas around Southfield is a much easier task.
The livability score in Southfield is 70/100 and the city is ranked in the 65th percentile of all cities across America. If we check out each of the categories individually, we see that Southfield ranks well for amenities (A+), cost of living (B-) and housing (B+). There are some categories that Southfield does not rank well for, including: weather (D), education (F) and employment (D). It might be worth taking a closer look to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Southfield, there is no shortage of amazing local amenities and interesting things to do.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Southfield has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Southfield is actually affordable. Median real estate prices in Southfield come in at $113,100, which is 11.5% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Southfield, the home price to income ratio is 2.3, which is 8% lower 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 Southfield area were 12.9% and 5 year appreciation rates were 15.5%.
|Average one way commute||25min||24min||26min|
|Workers who drive to work||85.0%||82.5%||76.4%|
|Workers who carpool||8.5%||8.8%||9.3%|
|Workers who take public transit||2.0%||1.4%||5.1%|
|Workers who bicycle||0.1%||0.5%||0.6%|
|Workers who walk||1.2%||2.2%||2.8%|
|Working from home||2.8%||3.7%||4.6%|
|Airports (within 30 miles of city center)||0 (1)||12||354|
|Amtrak train stations (within 30 miles of city center)||0 (7)||36||711|