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

Is Southfield, Michigan a good place to live?
Southfield is a city in Michigan state in USA with a population of 72966 residents.. The poverty rate of Southfield is 11.2%, which is 20% lower than national average. The typical household in Southfield earns $58076 a year, compared to the national median of $67,500. Nearly 42.9% 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 Southfield, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Southfield remained 7.1%, which is 51% 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 Southfield, only 40% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Southfield is 96, which is 4% lower than national average. Median home value in Southfield is $164800 , which is 28% lower than national average. While median income in Southfield remained $58076, which is 14% lower than national average.
Population
72966
Unemployment
7.1%
51% NAT AVG.
Poverty
11.2%
20% NAT AVG.
Overall Score
8
Median Home Cost
$164800
28% NAT AVG.
Median Income
$58076
14% NAT AVG.
Median Rent
$1126
3% NAT AVG.
Cost Of Living
96
4% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 14
People Earning < $10,000
1 in 14
People Earning < $50,000
42.9%
People with <= High School
1 in 4
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs60%

Housing80%

Affordability60%

Safety50%

Amenities90%

Diversity85%

Education85%

Commute80%