Located in the state of Michigan, Wyandotte is a moderately-sized city with a population of 25,225 inhabitants. In Wyandotte, there are 4,767 people per square mile, which is well above the national population density average. According to the most recent Census, 95% of Wyandotte residents are White, 1% Black and 1% Asian. Wyandotte is known to be family friendly as more than 72% of the population has already tied the knot. It might also be worth noting that 64% of residents also have children under the age of 18.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Wyandotte, Michigan could be a fulfilling experience for anyone who puts in the effort to do the research required. Using the livability score which includes data from categories like amenities, crime, cost of living, weather, education, you can easily compare the best places to live in Wyandotte and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wyandotte to Michigan and the national average.
Wyandotte has a livability score of 83/100 and is ranked #31 in Michigan and #732 in the USA. Compared to the United States average, Wyandotte ranks among some of the best places to live in the country! The cherry on top is that Wyandotte also ranks in the top 10 percent of all cities. For each of the livability categories, we see that Wyandotte ranks very well for amenities (A+), crime (A-), cost of living (B+) and housing (A). There are some categories that Wyandotte does not rank well for, including: weather (D) and employment (D). It might be worth taking a closer look to determine why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Wyandotte 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.
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 Wyandotte 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 Wyandotte meets all of your requirements, the next most important item to examine is the affordability of real estate in Wyandotte. Everything else becomes a lot less important if it turns out that home prices in Wyandotte are simply unattainable. The median home price for Wyandotte homes is $86,200, which is 32.6% lower than the Michigan average. If we take a closer look at the affordability of homes in Wyandotte, we’ll see that the home price to income ratio is 1.7, which is 32% 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 Wyandotte area were 12.3% and 5 year appreciation rates were 10.5%.
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