Pros and Cons of Living In Owosso, Michigan. Is Owosso, MI a Nice Place To Live or Retire?

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Owosso, Michigan

Moving to Owosso In Michigan ? Is Owosso, MI a Nice Place To Live? Pros and Cons of Living in Owosso, Michigan. Find out the best and worst about to live, raise a family or retire in Owosso.

Owosso is the largest city in Shiawassee County in the U.S. state of Michigan. The population was 14,714 at the 2020 census. The city is mostly surrounded by Owosso Township on its west, but the two are administered autonomously. The city was named after Chief Wosso, an Ojibwe leader of the Shiawassee area.

DEMOGRAPHICS

Population
14476
Unemployment
5%
6% NAT AVG.
Poverty
14.8%
6% NAT AVG.
Cost Of Living
90
10% NAT AVG.

ECONOMICS

Median Home Cost
$91200
60% NAT AVG.
Median Income
$41943
38% NAT AVG.
Median Rent
$722
38% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 7
Unemployed People
1 in 20
People Earning < $10,000
1 in 20
People Earning < $50,000
58%
People With Any Degree
1 in 4.2

ETHNICITY

Ethnicity Owosso USA
White 92.6% 60.1%
African American 1.4% 12.2%
American Indian 0.2% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.7% 2.8%
Hispanic 3.1% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Owosso USA
Less than $10,000 5.1% 5.8%
$10,000 to $14,999 7.4% 4.1%
$15,000 to $24,999 13.2% 8.5%
$25,000 to $34,999 14.9% 8.6%
$35,000 to $49,999 17.4% 12.0%
$50,000 to $74,999 20.4% 17.2%
$75,000 to $99,999 11.2% 12.8%
$100,000 to $149,999 5.7% 15.6%
$150,000 to $199,999 3% 7.1%

EDUCATION

Education Owosso USA
< 9th Grade 2% 5.0%
9-12th Grade 9% 7.0%
High School or GED 38% 27.0%
Other College 27% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 3% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Owosso is 90, which is 10% lower than national average. In Owosso, only 14% of adults have a bachelor's degree and 37% have some college but no degree. 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.
Owosso Scorecard

Jobs60%

Housing50%

Affordability80%

Safety60%

Amenities90%

Diversity50%

Education60%

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