3 Michigan Cities Made Forbes List Of ‘America’s Most Affordable Cities’
We all know how great the 'mitten state' is but 3 of our towns made it into Forbes 'Top 20 Affordable Cities To Live'.
Ranked #16 Grand Rapids
"Median Family Income: $62,800Q4 2014 median sales price: $128,000Housing affordable at median family income: 83.2 %Cost Below National Average: Groceries: 5.9 %; Utilities: 3.2 %; Transportation: (5.0) %; Health: 8.4 %; Misc.: (0.8) %"
Ranked #14 Warren
"Median Family Income: $71,838Q4 2014 median sales price: $155,000Housing affordable at median family income: 78.3 %Cost Below National Average: Groceries: 6.5 %; Utilities: (4.4) %; Transportation: (1.7) %; Health: 0.4 %; Misc.: 3.5 %"
Ranked #10 Detroit
"Median Family Income: $51,894Q4 2014 median sales price: $90,000Housing affordable at median family income: 79.1 %Cost Below National Average: Groceries: 5.5 %; Utilities: (2.6) %; Transportation: (1.1) %; Health: 1.6 %; Misc.: 4.3 %"
I bet you are wondering what the most affordable city to live in is....drum roll please...
Ranked #1 Birmingham Alabama
"Median Family Income: $61,000Q4 2014 median sales price: $130,000Housing affordable at median family income: 81.5 %Cost Below (or Above) National Average: Groceries: 5.4 %; Utilities: (3.5) %; Transportation: 13.2 %; Health: 16.6 %; Misc.: 2.6 %"
My personal opinion is that Kalamazoo is pretty affordable to live in; plus it is just a great town.