Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.
Ishpeming, Michigan is a smaller city with a population of 6,433 people. According to the most recent Census, 94% of Ishpeming residents are White, 2% Black and 1% Asian. If you prefer shorter commutes, living in Ishpeming will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Ishpeming, Michigan could be a great experience for anyone who puts in the effort 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. Using the livability score which includes data from categories like amenities, crime, health & safety, education, housing, you can easily compare the best places to live in Ishpeming and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Ishpeming to Michigan and the national average.
The livability score in Ishpeming is 63 out of 100 and the city is ranked in the 53rd percentile of all cities across America. Based on the scores for each individual category, Ishpeming has received high marks for housing (A-). Unfortunately for Ishpeming, there are some categories for which it does not rank well, this includes: amenities (F) and employment (F).
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Ishpeming, residents enjoy the privilege of a cost of living that is 20.05% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Ishpeming an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Ishpeming excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Ishpeming real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Ishpeming. The median home price for Ishpeming homes is $88,600, which is 30.7% lower than the Michigan average. If we take a closer look at the affordability of homes in Ishpeming, we’ll see that the home price to income ratio is 1.9, which is 24% lower than the Michigan average.
Statistic | Ishpeming | Michigan | National |
Average one way commute | 19min | 24min | 26min |
Workers who drive to work | 82.3% | 82.5% | 76.4% |
Workers who carpool | 9.4% | 8.8% | 9.3% |
Workers who take public transit | 0.0% | 1.4% | 5.1% |
Workers who bicycle | 0.7% | 0.5% | 0.6% |
Workers who walk | 2.2% | 2.2% | 2.8% |
Working from home | 5.4% | 3.7% | 4.6% |