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

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.
Population
14476
Unemployment
5%
6% NAT AVG.
Poverty
14.8%
6% NAT AVG.
Overall Score
6
Median Home Cost
$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%