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.
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
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.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Rockwood is a small-sized city located in the state of Michigan. The city has a population of 3,177 inhabitants. If we look at the most recent Census, Rockwood is known to have a predominantly White population. The next two most common races are Asian and Black. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Rockwood, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Rockwood, Michigan could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, health & safety and other key data points, finding the best places to live in Rockwood and in the areas around Rockwood is a much easier task.
Using data and statistics Rockwood has received a livability score of 77/100. This score is ranked in the 92nd percentile when compared to all other cities. This is a phenomenal score, as Rockwood ranks well in multiple categories! The cherry on top is that Rockwood also ranks in the top 10 percent of all cities. If we probe a little deeper into each category within the livability score, we see that Rockwood has higher than average grades for the following: crime (A+), cost of living (A+), employment (A+) and housing (A+). Rockwood does not rank well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Rockwood gets top scores for their low violent crime rates of 189 crimes per 100,000 residents, which are significantly lower than the national average.
When contemplating a move, job prospects often top the list of priorities. In Rockwood, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.33% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Rockwood apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Rockwood 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 Rockwood. Everything else becomes a lot less important if it turns out that home prices in Rockwood are simply unattainable. Median real estate prices in Rockwood come in at $147,400, which is 15.3% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Rockwood, the home price to income ratio is 1.8, which is 28% lower than the Michigan average.
Statistic | Rockwood | Michigan | National |
Average one way commute | 25min | 24min | 26min |
Workers who drive to work | 92.4% | 82.5% | 76.4% |
Workers who carpool | 7.6% | 8.8% | 9.3% |
Workers who take public transit | 0.0% | 1.4% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 0.0% | 2.2% | 2.8% |
Working from home | 0.0% | 3.7% | 4.6% |