Pros and Cons of Living In Coldwater, Michigan. Is Coldwater, MI a Nice Place To Live or Retire?

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Coldwater, Michigan

Moving to Coldwater In Michigan ? Is Coldwater, MI a Nice Place To Live? Pros and Cons of Living in Coldwater, Michigan. Find out the best and worst about to live, raise a family or retire in Coldwater.

Coldwater is a city in and county seat of Branch County in the U.S. state of Michigan. The city had a population of 13,822 at the 2020 census. The city is mostly surrounded by Coldwater Township, but the two are administered autonomously.

DEMOGRAPHICS

Population
12203
Unemployment
3.4%
28% NAT AVG.
Poverty
17.9%
28% NAT AVG.
Cost Of Living
78
22% NAT AVG.

ECONOMICS

Median Home Cost
$93400
59% NAT AVG.
Median Income
$40561
40% NAT AVG.
Median Rent
$730
37% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
293
3% NAT. AVG.
32% STATE AVG.
Violent Crime
40
15% NAT. AVG.
31% STATE AVG.
Property Crime
253
7% NAT. AVG.
54% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 29
People Earning < $10,000
1 in 22
People Earning < $50,000
58.2%
People With Any Degree
1 in 4.8

ETHNICITY

Ethnicity Coldwater USA
White 82.9% 60.1%
African American 6.5% 12.2%
American Indian 0.8% 0.6%
Asian 1% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.7% 2.8%
Hispanic 7.1% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Coldwater USA
Less than $10,000 4.6% 5.8%
$10,000 to $14,999 5.6% 4.1%
$15,000 to $24,999 15% 8.5%
$25,000 to $34,999 14.6% 8.6%
$35,000 to $49,999 18.4% 12.0%
$50,000 to $74,999 21.2% 17.2%
$75,000 to $99,999 9.5% 12.8%
$100,000 to $149,999 6.1% 15.6%
$150,000 to $199,999 3.2% 7.1%

EDUCATION

Education Coldwater USA
< 9th Grade 5% 5.0%
9-12th Grade 8% 7.0%
High School or GED 39% 27.0%
Other College 27% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 3% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
Coldwater is a city in Michigan state in USA with a population of 12203 residents.. The poverty rate of Coldwater is 17.9%, which is 28% higher than national average. The typical household in Coldwater earns $40561 a year, compared to the national median of $67,500. Nearly 58.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Coldwater remained 3.4%, which is 28% lower than national rate.

Cost of living in Coldwater is 78, which is 22% lower than national average. In Coldwater, only 12% of adults have a bachelor's degree and 36% have some college but no degree. Median home value in Coldwater is $93400 , which is 59% lower than national average. While median income in Coldwater remained $40561, which is 40% lower than national average.
Coldwater Scorecard

Jobs70%

Housing50%

Affordability80%

Safety50%

Amenities80%

Diversity70%

Education50%

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