Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Niles is a mid-sized city located in the state of Michigan. The city has a population of 11,168 people. The majority of Niles residents report their race to be White; this is followed by Black and American Indian and Alaskan. In Niles, only 42% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle.
Are you trying to ascertain if living in Niles is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Michigan, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, cost of living, commute, health & safety and other key data points, finding the best places to live in Niles and in the areas around Niles is a much easier task.
With a livability score of 70/100, Niles is ranked #6,245 in the United States and #261 in Michigan. There are nine total categories that generate the livability score. Niles ranks well for housing (A-) Niles does not rank well for the following: amenities (F), crime (F) and employment (F). It might be a good idea to take a closer look at each category to find out why.
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Niles, residents are fortunate to experience a cost of living that is 24.17% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Niles an attractive choice for those seeking financial prudence without compromising on quality of life.
Finding affordable real estate and housing in Niles can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Niles meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Niles. Everything else becomes a lot less important if it turns out that home prices in Niles are simply unattainable. The median home price for Niles homes is $86,000, which is 32.7% lower than the Michigan average. If we take a closer look at the affordability of homes in Niles, we’ll see that the home price to income ratio is 2.2, which is 12% lower than the Michigan average.
| Statistic | Niles | Michigan | National |
| Average one way commute | 22min | 24min | 26min |
| Workers who drive to work | 79.8% | 82.5% | 76.4% |
| Workers who carpool | 12.9% | 8.8% | 9.3% |
| Workers who take public transit | 0.5% | 1.4% | 5.1% |
| Workers who bicycle | 0.5% | 0.5% | 0.6% |
| Workers who walk | 1.8% | 2.2% | 2.8% |
| Working from home | 2.9% | 3.7% | 4.6% |
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