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

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Saginaw, Michigan

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

Saginaw () is a city in and the seat of Saginaw County, Michigan, United States. The city proper had a population of 44,202 at the 2020 census. Located along the Saginaw River, Saginaw is adjacent to Saginaw Charter Township and considered part of Greater Tri-Cities region of Central Michigan. The Saginaw metropolitan area had a population of 190,124 in 2020. The city is also the largest municipality in the Greater Tri-Cities, with a combined population of 377,474 in the combined statistical area in 2020.

Established as a fort following the 1819 Treaty of Saginaw, Saginaw was a thriving lumber town in the 19th century. It was an important industrial city and manufacturing center throughout much of the 20th century due to its...

DEMOGRAPHICS

Population
48407
Unemployment
11.1%
136% NAT AVG.
Poverty
34.6%
147% NAT AVG.
Cost Of Living
85
15% NAT AVG.

ECONOMICS

Median Home Cost
$41500
82% NAT AVG.
Median Income
$30845
54% NAT AVG.
Median Rent
$747
36% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
1749
56% NAT. AVG.
99% STATE AVG.
Violent Crime
1029
455% NAT. AVG.
351% STATE AVG.
Property Crime
720
23% NAT. AVG.
11% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 9
People Earning < $10,000
1 in 6
People Earning < $50,000
71.5%
People With Any Degree
1 in 4.8

ETHNICITY

Ethnicity Saginaw USA
White 36.4% 60.1%
African American 42.9% 12.2%
American Indian 0.2% 0.6%
Asian 0.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.9% 2.8%
Hispanic 16.3% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Saginaw USA
Less than $10,000 15.9% 5.8%
$10,000 to $14,999 9.4% 4.1%
$15,000 to $24,999 14.9% 8.5%
$25,000 to $34,999 16.5% 8.6%
$35,000 to $49,999 14.8% 12.0%
$50,000 to $74,999 15.6% 17.2%
$75,000 to $99,999 6.3% 12.8%
$100,000 to $149,999 4.7% 15.6%
$150,000 to $199,999 0.6% 7.1%

EDUCATION

Education Saginaw USA
< 9th Grade 5% 5.0%
9-12th Grade 13% 7.0%
High School or GED 35% 27.0%
Other College 26% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 3% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Saginaw is a city in Michigan state in USA with a population of 48407 residents.. The poverty rate of Saginaw is 34.6%, which is 147% higher than national average. The typical household in Saginaw earns $30845 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 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Saginaw are struggling financially. Nearly one in every 1 in every 9 workers in Saginaw is unemployed. The unemployment rate of Saginaw remained 11.1%, which is 136% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Saginaw is 85, which is 15% lower than national average. In Saginaw, only 13% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Saginaw is $41500 , which is 82% lower than national average. While median income in Saginaw remained $30845, which is 54% lower than national average.
Saginaw Scorecard

Jobs30%

Housing40%

Affordability80%

Safety50%

Amenities90%

Diversity95%

Education40%

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