Owosso, Michigan
Moving to or Living in Owosso Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Owosso, Michigan
Moving to Owosso In Michigan ? Find out the best and worst about to live, raise a family or retire in Owosso, the Pros and Cons of Living in Owosso.
Explore the life in Owosso based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Owosso, Michigan
Is Owosso, Michigan a good place to live?
Owosso is a city in Michigan state in USA with a population of 14476 residents..
The poverty rate of Owosso is 14.8%, which is 6% higher than national average.
The typical household in Owosso earns $41943 a year, compared to the national median of $67,500.
Nearly 58% 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 Owosso, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Owosso remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Owosso, only 14% of adults have a bachelor's degree and 37% have some college but no degree.
Cost of living in Owosso is 90, which is 10% lower than national average. Median home value in Owosso is $91200 , which is 60% lower than national average. While median income in Owosso remained $41943, which is 38% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Owosso, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Owosso remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Owosso, only 14% of adults have a bachelor's degree and 37% have some college but no degree.
Cost of living in Owosso is 90, which is 10% lower than national average. Median home value in Owosso is $91200 , which is 60% lower than national average. While median income in Owosso remained $41943, which is 38% lower than national average.
Population
14476
Unemployment
5%
Poverty
14.8%
Overall Score
6
Median Home
$91200
60%
NAT AVG.
Median Income
$41943
38%
NAT AVG.
Median Rent
$722
38%
NAT AVG.
Cost Of Living
90
10%
NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 20
People Earning < $10,000
1 in 20
People Earning < $50,000
58%
People with <= High School
1 in 2
People With Any Degree
1 in 4.2
Pros & Cons Overview
Jobs60%
Housing50%
Affordability80%
Safety60%
Amenities90%
Diversity50%
Education60%
Commute80%
Cost of Living
Expense | Owosso | Michigan | National Avg. |
---|---|---|---|
Services | 110 | 95 | 100 |
Groceries | 100 | 90 | 100 |
Health | 98 | 96 | 100 |
Housing | 48 | 76 | 100 |
Transportation | 108 | 101 | 100 |
Utilities | 95 | 103 | 100 |
Cost of Living
Gender
Gender | Owosso | Michigan | Country |
---|---|---|---|
Female | 52% | 50.8% | 50.8% |
Male | 48% | 49.2% | 49.2% |
Gender
Household Income
Income | Owosso | Michigan | Country |
---|---|---|---|
Less than $10,000 | 5.1% | 6.4% | 5.8% |
$10,000 to $14,999 | 7.4% | 4.1% | 4.1% |
$15,000 to $24,999 | 13.2% | 9.2% | 8.5% |
$25,000 to $34,999 | 14.9% | 9.6% | 8.6% |
$35,000 to $49,999 | 17.4% | 13.3% | 12.0% |
$50,000 to $74,999 | 20.4% | 18.2% | 17.2% |
$75,000 to $99,999 | 11.2% | 12.9% | 12.8% |
$100,000 to $149,999 | 5.7% | 14.6% | 15.6% |
$150,000 to $199,999 | 3% | 5.9% | 7.1% |
$200,000 or more | 1.7% | 5.7% | 8.3% |
Education
Education | Owosso | Michigan | Country |
---|---|---|---|
< 9th Grade | 2% | 2% | 5.0% |
9-12th Grade | 9% | 6% | 7.0% |
High School or GED | 38% | 29% | 27.0% |
Other College | 27% | 23% | 20.0% |
Associate's Degree | 10% | 10% | 9% |
Bachelor's Degree | 11% | 18% | 20.0% |
Master's Degree | 3% | 9% | 9.0% |
Professional Degree | 0% | 2% | 2.0% |
Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Owosso | Michigan | Country |
---|---|---|---|
White | 92.6% | 74.5% | 60.1% |
African American | 1.4% | 13.5% | 12.2% |
American Indian | 0.2% | 0.4% | 0.6% |
Asian | 0% | 3.2% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0% | 0.3% | 0.3% |
Multiracial | 2.7% | 2.9% | 2.8% |
Hispanic | 3.1% | 5.2% | 18.2% |