TROY (WWJ) – We know Michigan is full of great cities to call home, but not all are created equally. So, where are the best places for young families to live?
Nerdwallet.com, an online financial resource, recently released its list of the Top Ten Best Towns in Michigan for Young Families.READ MORE: Lawsuit Filed Against University Of Michigan Days After $490M Settlement Of Sexual Abuse Claims
The list was compiled by asking three questions: 1) Does the town have good public schools? 2) Can you afford to live there? 3) Is the town growing and prospering?READ MORE: Detroit Family Seeking Justice 1 Year After 21-Year-Old Man Shot, Killed
The analysis used measurements from the nonprofit GreatSchools to compare education. For homeowner affordability, it looked at homeowner costs including mortgage payments, real estate taxes, insurance costs, utilities, fuel and other bills, with lower costs equaling a higher score. The analysis’ measurement of prosperity included median household income and income growth over the last decade.
The Best Towns for Young Families
- Rochester Hills
- Royal Oak
- Ann Arbor
- East Lansing
- Mount Pleasant
To see how each city’s rating was figured, click here.