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

Is Niles, Michigan a good place to live?
Niles is a city in Michigan state in USA with a population of 11168 residents.. The poverty rate of Niles is 23.2%, which is 66% higher than national average. The typical household in Niles earns $38415 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.5% 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 Niles, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Niles remained 8.3%, which is 77% 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 Niles, only 12% of adults have a bachelor's degree and 41% have some college but no degree.

Cost of living in Niles is 84, which is 16% lower than national average. Median home value in Niles is $86000 , which is 63% lower than national average. While median income in Niles remained $38415, which is 43% lower than national average.
Population
11168
Unemployment
8.3%
77% NAT AVG.
Poverty
23.2%
66% NAT AVG.
Overall Score
5
Median Home Cost
$86000
63% NAT AVG.
Median Income
$38415
43% NAT AVG.
Median Rent
$685
41% NAT AVG.
Cost Of Living
84
16% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 12
People Earning < $10,000
1 in 11
People Earning < $50,000
59.5%
People with <= High School
1 in 2.1
People With Any Degree
1 in 4.8
Pros & Cons Overview

Jobs40%

Housing40%

Affordability80%

Safety40%

Amenities85%

Diversity80%

Education50%

Commute80%