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.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Vandercook Lake, Michigan is a small city with a population of 4,702 people. If we look at the most recent Census, Vandercook Lake is known to have a predominantly White population. The next two most common races are Black and Asian.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Vandercook 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. Using the livability score which includes data from categories like crime, cost of living, employment, housing, you can easily compare the best places to live in Vandercook Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Vandercook Lake to Michigan and the national average.
Using data and statistics Vandercook Lake has received a livability score of 66/100. This score is ranked in the 67th percentile when compared to all other cities. Based on the scores for each individual category, Vandercook Lake has been rewarded with high marks for education (B+) and housing (A+). Vandercook Lake does not rank well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Vandercook Lake, residents enjoy the privilege of a cost of living that is 21.38% 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 Vandercook Lake an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
The Vandercook Lake unemployment rate of 1.01% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Vandercook Lake can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Vandercook Lake meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Vandercook Lake. Everything else becomes a lot less important if it turns out that home prices in Vandercook Lake are simply unattainable. Median real estate prices in Vandercook Lake come in at $107,100, which is 16.2% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Vandercook Lake, the home price to income ratio is 2.3, which is 8% lower than the Michigan average.
| Statistic | Vandercook Lake | Michigan | National |
| Average one way commute | 22min | 24min | 26min |
| Workers who drive to work | 90.4% | 82.5% | 76.4% |
| Workers who carpool | 6.3% | 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 | 1.9% | 2.2% | 2.8% |
| Working from home | 1.0% | 3.7% | 4.6% |
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