Is Rochester Hills, Michigan a Good Place To Live? - Living In Rochester Hills, MI
Is Rochester Hills, Michigan a good place to live?
Rochester Hills is a city in Michigan state in USA with a population of 74340 residents..
The poverty rate of Rochester Hills is 4.2%, which is 70% lower than national average.
The typical household in Rochester Hills earns $99666 a year, compared to the national median of $67,500.
Nearly 23% 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 Rochester Hills, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rochester Hills remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rochester Hills, only 59% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Rochester Hills is 111, which is 11% higher than national average. Median home value in Rochester Hills is $303800 , which is 32% higher than national average. While median income in Rochester Hills remained $99666, which is 48% 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 Rochester Hills, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rochester Hills remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rochester Hills, only 59% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Rochester Hills is 111, which is 11% higher than national average. Median home value in Rochester Hills is $303800 , which is 32% higher than national average. While median income in Rochester Hills remained $99666, which is 48% 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
74340
Unemployment
3.6%
Poverty
4.2%
Overall Score
10
Median Home Cost
$303800
32%
NAT AVG.
Median Income
$99666
48%
NAT AVG.
Median Rent
$1311
13%
NAT AVG.
Cost Of Living
111
11%
NAT AVG.
People Living BPL
1 in 24
Unemployed People
1 in 28
People Earning < $10,000
1 in 43
People Earning < $50,000
23%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview
Jobs85%
Housing85%
Affordability80%
Safety90%
Amenities90%
Diversity80%
Education95%
Commute60%
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