Is South Lyon, Michigan a Good Place To Live? - Living In South Lyon, MI
Is South Lyon, Michigan a good place to live?
South Lyon is a city in Michigan state in USA with a population of 11818 residents..
The poverty rate of South Lyon is 5.1%, which is 64% lower than national average.
The typical household in South Lyon earns $74300 a year, compared to the national median of $67,500.
Nearly 33% 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 South Lyon, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of South Lyon remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In South Lyon, only 46% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in South Lyon is 101, which is 1% higher than national average. Median home value in South Lyon is $207700 , which is 10% lower than national average. While median income in South Lyon remained $74300, which is 10% 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 South Lyon, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of South Lyon remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In South Lyon, only 46% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in South Lyon is 101, which is 1% higher than national average. Median home value in South Lyon is $207700 , which is 10% lower than national average. While median income in South Lyon remained $74300, which is 10% 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
11818
Unemployment
3.7%
Poverty
5.1%
Overall Score
9.5
Median Home Cost
$207700
10%
NAT AVG.
Median Income
$74300
10%
NAT AVG.
Median Rent
$1068
8%
NAT AVG.
Cost Of Living
101
1%
NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 27
People Earning < $10,000
1 in 18
People Earning < $50,000
33%
People with <= High School
1 in 4.2
People With Any Degree
1 in 1.9
Pros & Cons Overview
Jobs85%
Housing80%
Affordability80%
Safety85%
Amenities90%
Diversity50%
Education85%
Commute40%
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