Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Skidway Lake, Michigan is a small-sized city with a population of 3,289 people. According to the most recent Census, 96% of Skidway Lake residents are White, 2% American Indian and Alaskan and 0% Black. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Skidway Lake entails a longer-than-average one-way commute time, averaging 31 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Skidway Lake could be a positive experience compared to other cities in Michigan if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, crime, commute, employment, housing and other key data points, finding the best places to live in Skidway Lake and in the areas around Skidway Lake is a much easier task.
Skidway Lake, MI receives 56 out of 100 for its livability score; this results in a ranking of #637 in Michigan and #21,035 in the USA. This is a lower than the US average livability score as Skidway Lake does not rank well for most categories. If we consider each of the categories on their own, we see that Skidway Lake ranks well for crime (B-) and housing (B). Skidway Lake does not rank well for the following: amenities (F), education (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
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 Skidway Lake 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.
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 Skidway Lake is actually affordable. The median home price for Skidway Lake homes is $47,800, which is 62.6% lower than the Michigan average. If we take a closer look at the affordability of homes in Skidway Lake, we’ll see that the home price to income ratio is 1.5, which is 40% lower than the Michigan average.
| Statistic | Skidway Lake | Michigan | National |
| Average one way commute | 31min | 24min | 26min |
| Workers who drive to work | 81.8% | 82.5% | 76.4% |
| Workers who carpool | 13.1% | 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 | 1.0% | 2.2% | 2.8% |
| Working from home | 3.1% | 3.7% | 4.6% |
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