Is Big Rapids, Michigan a Good Place To Live? - Living In Big Rapids, MI

Is Big Rapids, Michigan a good place to live?
Big Rapids is a city in Michigan state in USA with a population of 10358 residents.. The poverty rate of Big Rapids is 37.7%, which is 169% higher than national average. The typical household in Big Rapids earns $28628 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71% 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 Big Rapids, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Big Rapids remained 7.8%, which is 66% higher than national rate. Nearly 2 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 Big Rapids, only 30% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Big Rapids is 81, which is 19% lower than national average. Median home value in Big Rapids is $100100 , which is 56% lower than national average. While median income in Big Rapids remained $28628, which is 58% lower than national average.
Population
10358
Unemployment
7.8%
66% NAT AVG.
Poverty
37.7%
169% NAT AVG.
Overall Score
5
Median Home Cost
$100100
56% NAT AVG.
Median Income
$28628
58% NAT AVG.
Median Rent
$675
42% NAT AVG.
Cost Of Living
81
19% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 13
People Earning < $10,000
1 in 8
People Earning < $50,000
71%
People with <= High School
1 in 2.8
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs40%

Housing50%

Affordability50%

Safety70%

Amenities85%

Diversity70%

Education80%

Commute100%