Is Madison Heights, Michigan a Good Place To Live? - Living In Madison Heights, MI

Is Madison Heights, Michigan a good place to live?
Madison Heights is a city in Michigan state in USA with a population of 30000 residents.. The poverty rate of Madison Heights is 11.1%, which is 21% lower than national average. The typical household in Madison Heights earns $54668 a year, compared to the national median of $67,500. Nearly 45.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Madison Heights, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison Heights remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison Heights, only 28% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Madison Heights is 88, which is 12% lower than national average. Median home value in Madison Heights is $137700 , which is 40% lower than national average. While median income in Madison Heights remained $54668, which is 19% lower than national average.
Population
30000
Unemployment
3.4%
28% NAT AVG.
Poverty
11.1%
21% NAT AVG.
Overall Score
8
Median Home Cost
$137700
40% NAT AVG.
Median Income
$54668
19% NAT AVG.
Median Rent
$992
14% NAT AVG.
Cost Of Living
88
12% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 29
People Earning < $10,000
1 in 18
People Earning < $50,000
45.7%
People with <= High School
1 in 2.5
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs80%

Housing70%

Affordability70%

Safety60%

Amenities95%

Diversity80%

Education70%

Commute80%