Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
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.
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.
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.
Wolverine Lake is a small-sized city located in the state of Michigan. The city has a population of 4,712 residents. With a population density of 3,746 people per square mile, Wolverine Lake is well above the nation's average density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Wolverine Lake could be considered less diverse than other cities. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Wolverine Lake your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Wolverine Lake could be a positive experience compared to other cities in Michigan if you know where to search. 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 Wolverine Lake and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, commute, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
Using data and statistics Wolverine Lake has received a livability score of 73/100. This score is ranked in the 85th percentile when compared to all other cities. There are nine total categories that create the livability score. Wolverine Lake scores well for crime (A+), cost of living (A-), employment (A+) and housing (A+) There is at least one category that you should be aware of in Wolverine Lake. The following was graded with a disappointing score: amenities (F) and education (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Wolverine Lake has a violent crime rate of 45 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Wolverine Lake, the unemployment rate stands at 1.97%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
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 Wolverine Lake 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 Wolverine Lake is actually affordable. Median real estate prices in Wolverine Lake come in at $210,700, which is 64.9% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Wolverine Lake, the home price to income ratio is 2.5, which is 0% lower than the Michigan average.
Statistic | Wolverine Lake | Michigan | National |
Average one way commute | 25min | 24min | 26min |
Workers who drive to work | 85.7% | 82.5% | 76.4% |
Workers who carpool | 4.9% | 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 | 0.3% | 2.2% | 2.8% |
Working from home | 9.1% | 3.7% | 4.6% |