Is New Baltimore, Michigan a Good Place To Live? - Living In New Baltimore, MI
Is New Baltimore, Michigan a good place to live?
New Baltimore is a city in Michigan state in USA with a population of 12333 residents..
The poverty rate of New Baltimore is 5.7%, which is 59% lower than national average.
The typical household in New Baltimore earns $83767 a year, compared to the national median of $67,500.
Nearly 31.9% 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 New Baltimore, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Baltimore remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Baltimore, only 26% of adults have a bachelor's degree and 43% have some college but no degree.
Cost of living in New Baltimore is 102, which is 2% higher than national average. Median home value in New Baltimore is $234100 , which is 2% higher than national average. While median income in New Baltimore remained $83767, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in New Baltimore, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Baltimore remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Baltimore, only 26% of adults have a bachelor's degree and 43% have some college but no degree.
Cost of living in New Baltimore is 102, which is 2% higher than national average. Median home value in New Baltimore is $234100 , which is 2% higher than national average. While median income in New Baltimore remained $83767, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
12333
Unemployment
3.8%
Poverty
5.7%
Overall Score
9
Median Home Cost
$234100
2%
NAT AVG.
Median Income
$83767
24%
NAT AVG.
Median Rent
$799
31%
NAT AVG.
Cost Of Living
102
2%
NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 26
People Earning < $10,000
1 in 29
People Earning < $50,000
31.9%
People with <= High School
1 in 3.2
People With Any Degree
1 in 2.6
Pros & Cons Overview
Jobs85%
Housing80%
Affordability85%
Safety85%
Amenities85%
Diversity50%
Education80%
Commute40%
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