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.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
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.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
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.
Three Rivers, Michigan is a small-sized city with a population of 7,644 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (79% White). Given that fact, Three Rivers could be considered less diverse than other cities. With an average age of 31 years old, Three Rivers could be a great place to live for young adults as this age is well below the national average. All the single ladies and all the single fellas might want to take notice as only 43% of the Three Rivers population is married. Not a fan of sitting in traffic during your commute to work? Three Rivers offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Three Rivers 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. The best areas in Three Rivers and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
The livability score in Three Rivers is 66 out of 100 and the city is ranked in the 65th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Three Rivers has higher than average grades for the following: housing (A-). Three Rivers does not rank well for the following: amenities (F), crime (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Three Rivers, residents are fortunate to experience a cost of living that is 23.28% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Three Rivers an attractive choice for those seeking financial prudence without compromising on quality of life.
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 Three Rivers 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.
Three Rivers 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 Three Rivers. The median home price for Three Rivers homes is $87,000, which is 31.9% lower than the Michigan average. If we take a closer look at the affordability of homes in Three Rivers, we’ll see that the home price to income ratio is 2, which is 20% lower than the Michigan average.
| Statistic | Three Rivers | Michigan | National |
| Average one way commute | 19min | 24min | 26min |
| Workers who drive to work | 70.9% | 82.5% | 76.4% |
| Workers who carpool | 23.0% | 8.8% | 9.3% |
| Workers who take public transit | 0.2% | 1.4% | 5.1% |
| Workers who bicycle | 0.3% | 0.5% | 0.6% |
| Workers who walk | 4.2% | 2.2% | 2.8% |
| Working from home | 0.9% | 3.7% | 4.6% |
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