Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Located in the state of Michigan, Canadian Lakes is a small-sized city with a population of 2,760 people. The majority of Canadian Lakes residents report their race to be White; this is followed by Black and Asian. With an average age of 65 years, Canadian Lakes residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you are looking for a family friendly city, Canadian Lakes might be a good fit as 83% of the population over 15 years old are married, and 14% have kids who are 18 years old or younger. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Canadian Lakes offers up a higher than average one way commute time of 39 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Canadian Lakes, Michigan could be a good experience for anyone who puts in the time 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. To help you find the best places to live in and around Canadian Lakes, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, commute and more.
Canadian Lakes has a livability score of 65 out of 100 and is ranked #427 in Michigan and #11,147 in the USA. There are nine total categories that create the livability score. Canadian Lakes ranks well for crime (A+), cost of living (A), employment (B-) and housing (A-) On a less positive note, Canadian Lakes does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
The unemployment rate in Canadian Lakes has consistently declined over the years and currently stands well below the national average at 2.08%. 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.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Canadian Lakes 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. A thriving real estate market can also generate strong local economic activity and job creation.
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 attainable, we'll need to know if the real estate in Canadian Lakes is actually affordable. Median real estate prices in Canadian Lakes come in at $194,800, which is 52.4% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Canadian Lakes, the home price to income ratio is 3.1, which is 24% higher than the Michigan average.
| Statistic | Canadian Lakes | Michigan | National |
| Average one way commute | 39min | 24min | 26min |
| Workers who drive to work | 85.8% | 82.5% | 76.4% |
| Workers who carpool | 8.7% | 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 | 5.4% | 3.7% | 4.6% |
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