Georgia, the Peach State, is known for its sandy beaches and temperate climate. The state’s population of around 11 million enjoys affordable living and low taxes. The median property tax payment in Georgia is $2,027 per year, about $900 less than the national average. Housing costs in Georgia are also lower than the national average, and the cost of living is below that of neighboring states Florida and South Carolina.
Here’s a look at the best places to live in Georgia whether you are a retiree, young professional, beach lover, or peach lover.
Best Places to Live in Georgia
The best places in Georgia to live depend on your likes and dislikes. Some cities are larger with more urban appeal, like Statesboro, and others offer small-town charm, like Woodstock. If you want to be far from the madding crowd, Jekyll Island and Tybee Island offer idyllic coastal living with populations below 1,000.
Best Affordable Places to Live in Georgia
If you’re looking for the best affordable places to live in Georgia, you’re in the right place. Here, you will find our top five, with affordability based on the cost-of-living composite index, which includes the cost of housing, utilities, grocery items, transportation, health care, and goods and services.
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1. Statesboro
- Population: 34,000
- Median Household Income: $35,353
- Cost of Living: 83% of U.S. average
- Median Rent Price: $1,300/month
- Home Price-to-Income Ratio: 3.6
- Average Property Tax: $891
Statesboro, in Bulloch County, has a diverse population of around 34,000 as of 2022; many are young professionals. It has a dense suburban feel, and most residents rent their homes.
Housing Affordability: The average rental cost in Statesboro is $1,300, which is $800 less than the national median. That figure represents a year-over-year increase of $100. The rental market overall shows increasing demand. The average home price-to-income ratio of 3.6 is relatively low, indicating that the city is affordable for most people. First-time homebuyer programs in Georgia could sweeten the deal even more.
2. Albany
- Population: 67,192
- Median Household Income: $40,036
- Cost of Living: 101.6% of U.S. average
- Median Rent Price: $825/month
- Home Price-to-Income Ratio: 2.5
- Average Property Tax: $1,117
Albany is located in Dougherty County and calls itself the hub of southwest Georgia for culture, shopping, healthcare, education, and recreation. The birthplace of Ray Charles, it is a small suburban center with plenty of coffee shops and parks.
Housing Affordability: Rental costs are rising $30 per month year over year in Albany, but the median remains quite affordable. The price-to-income ratio is also lower than many other locations, making this a good possible homebase for first-time homebuyers.
3. Augusta
- Population: 202,081
- Median Household Income: $46,108
- Cost of Living: 84.5% of U.S. average
- Median Rent Price: $1,300/month
- Home Price-to-Income Ratio: 2.8
- Average Property Tax: $911
Augusta is a large urban town in Richmond County. It has a population of 202,000. Augusta’s residents enjoy a low cost of living, plus plenty of nightlife and outdoor activities. Every April, the world watches Augusta when the Masters golf tournament takes place.
Housing Affordability: Rental costs are stable in Augusta.The average rental cost is $1,300, which is in line with other local towns like Blythe and Hephzibah. The home price-to-income ratio for Augusta is 2.8, which is low compared to the national average of 4.1. That could be a plus when home shopping and looking for mortgage preapproval or prequalification.
4. Dublin
- Population: 15,946
- Median Household Income: $34,970
- Cost of Living: 85% of U.S. average
- Median Rent Price: $950/month
- Home Price-to-Income Ratio: 3.6
- Average Property Tax: $563
Dublin is in Laurens County where most of the 16,000 residents rent their homes. The town scored highly for commute times, diversity, nightlife, and cost of living. It’s worth noting, though, that comments from those who have lived there indicate there could be more activities available for teens and kids.
Housing Affordability: Average property taxes are low in Dublin as are median rentals, so it is an affordable town. The home price-to-income ratio is a little higher than some other cities in Georgia but still lower than the national average.
5. Dalton
- Population: 34,366
- Median Household Income: $49,656
- Cost of Living: 88% of U.S. average
- Median Rent Price: $1,200/month
- Home Price-to-Income Ratio: 3.1
- Average Property Tax: $757
Located in the northwestern corner of the state near Tennessee, Dalton is another of the best affordable places to live in Georgia. It has a population of 34,255 and has a suburban feel, with most residents renting their homes. Right now, with a home price-to-income ratio of 3.1, the town is affordable with average property taxes for Georgia.
Housing Affordability: The median rents in Dalton are falling, down $200 per month versus last the prior year. Prices are also relatively affordable if you shopping for a place and perhaps embarking on the mortgage preapproval process.
Best Places to Live in Georgia for Families
The following five cities are highly rated as among the best places to live in Georgia for families. Key factors considered include the quality of public schools, family-friendly amenities, outdoor activities, and parks.
1. Johns Creek
- Population: 82,453
- Median Household Income: $133,948
- Cost of Living: 98% of U.S. average
- Median Rent Price: $2,600/month
- Home Price-to-Income Ratio: 1.2
- Average Property Tax: $2,733
Johns Creek is a relatively new suburban town around 30 miles from downtown Atlanta with a population of around 82,000. It blossomed over the last 40 years, when a tech hub launched in the area. The city is located in Fulton County and has excellent local parks. Families will appreciate the solid rankings of its local public schools.
Housing Affordability: Johns Creek has a low home price-to-income ratio, and the rental market, while not cheap, may be affordable for those seeking to move into what is one of the best places for families to live in Georgia.
2. Alpharetta
- Population: 67,267
- Median Household Income: $133,920
- Cost of Living: 98% of U.S. average
- Median Rent Price: $2,550/month
- Home Price-to-Income Ratio: 3.5
- Average Property Tax: $2,733
Alpharetta is another city with a lot to offer Georgia families. This is a vibrant town also located in Fulton County about 10 miles northwest of Johns Creek. Alpharetta is known for its classic architecture, farmer’s markets, restaurants, and entertainment. Families often move there because they are drawn to its good schools and other kid-friendly amenities. Overall, it can be a great place to raise kids.
Housing Affordability: The price-to-income ratio here is higher than in Johns Creek, so it is less affordable. The rental market is cool, and there are available rentals.
3. Milton
- Population: 41,836
- Median Household Income: $136,020
- Cost of Living: 98% of U.S. average
- Median Rent Price: $2,895/month
- Home Price-to-Income Ratio: 4.1
- Average Property Tax: $2,733
Milton is popular among families because of its well-regarded schools combined with a solid job market plus plenty of outdoor activities. Also located in Fulton County, Milton is one of the wealthiest areas in the Atlanta suburbs and the cost of living is relatively high. This town is known for its beautiful parks and upscale living yet its cost of living is still below the U.S. average.
Housing Affordability: Milton is a wealthy suburb with a high cost of living. It’s known for its beautiful homes and quality living. The rental market is stable for the moment, with rents virtually flat year over year.
4. Peachtree City
- Population: 39,562
- Median Household Income: $103,374
- Cost of Living: 98% of U.S. average
- Median Rent Price: $2,495/month
- Home Price-to-Income Ratio: 3.6
- Average Property Tax: $2,635
Peachtree City is a suburb of Atlanta located in Fayette County. It’s a beautiful place to live with more than 100 miles of walkable paths that link neighborhoods, shopping centers, business centers, and schools. Families will appreciate its good school system.
Housing Affordability: To zoom in from the state cost of living and focus on Peachtree City, the numbers are slightly lower than what you’ll find in Milton. Property taxes are relatively high and the price-to-income ratio is also quite high. The rental market is stable, however, with rental even costs slipping ever so slightly year over year.
5. Decatur
- Population: 24,338
- Median Household Income: $123,617
- Cost of Living: 97.6% of U.S. average
- Median Rent Price: $1,825/month
- Home Price-to-Income Ratio: 4.7
- Average Property Tax: $1,977
Decatur is another suburb of Atlanta that offers lavish living with plenty of amenities like restaurants, shopping, and parks. It’s popular with families and young professionals because it has good public schools and plenty of outdoor activities.
Housing Affordability: Decatur is an expensive area to live. The home price-to-income ratio may put it out of reach for some (or a jumbo mortgage loan might be required), but property taxes are lower than other areas near Atlanta. In addition, rents are relatively reasonable.
Best Places to Live in Georgia for Young Adults
For young adults, Georgia can offer towns that have a thriving job market, relatively low cost of living, and a location with plenty of options for eating out and entertainment.
1. Atlanta
- Population: 499,127
- Median Household Income: $69,164
- Cost of Living: 101.6% of U.S. average
- Median Rent Price: $2,195/month
- Home Price-to-Income Ratio: 5.0
- Average Property Tax: $2,733
The state capital has plenty of job opportunities for college graduates, particularly in technology and healthcare. Recent college grads earn, on average, $41.49 an hour, which is 14% higher than the national average.The city has a vibrant nightlife for young adults, a demographic that accounts for close to 40% of the city’s population.
Housing Affordability: Atlanta has a relatively high price-to-income ratio and property taxes are high, so owning a home there in a desirable neighborhood could be challenging for young adults. However, the rental market is holding steady.
2. Sandy Springs
- Population: 107,763
- Median Household Income: $86,548
- Cost of Living: 101.6% of U.S. average
- Median Rent Price: $2,054/month
- Home Price-to-Income Ratio: 5.6
- Average Property Tax: $2,733
Sandy Springs is only 20 minutes from Atlanta. The city has around 95,000 residents, of which 27% are young adults. The average salary for college graduates in and around the Atlanta suburbs is around $59,000.
Housing Affordability: Sandy Springs is close to Atlanta, therefore, the cost of owning a home is high as are the associated property taxes. Renting would make it more affordable for young professionals. The rental market is relatively stable but on a warming trend.
3. Smyrna
- Population: 56,160
- Median Household Income: $83,029
- Cost of Living: 97.4% of U.S. average
- Median Rent Price: $2,100/month
- Home Price-to-Income Ratio: 4.0
- Average Property Tax: $1,665
Smyrna is a growing town with a well-educated population. The city has a large population of young people; 23% of the population is aged between 18 and 34. Smyrna scores highly for nightlife, outdoor activities, diversity, and health and fitness.
Housing Affordability: The cost of living in Smyrna and Cobb County is slightly less than other Atlanta suburbs, but owning a home here is still pricey for young adults. The rental market is warming up after dropping around $100 year over year.
4. Woodstock
- Population: 37,350
- Median Household Income: $92,648
- Cost of Living: 101.9% of U.S. average
- Median Rent Price: $2,345/month
- Home Price-to-Income Ratio: 3.1
- Average Property Tax: $1,665
Woodstock is a smaller community located in Cherokee County. It hosts concerts, farmers markets, and other downtown events. About 20% of residents are between 20 and 34. It offers both an urban vibe and small-town charm.
Housing Affordability: Woodstock is more affordable and suitable for young professionals. The home price-to-income ratio is less than other larger towns close to Atlanta and property taxes are also lower. The cost of renting ticked up around $52 a month versus the previous year.
5. Kennesaw
- Population: 33,552
- Median Household Income: $86,013
- Cost of Living: 97.4% of U.S. average
- Median Rent Price: $2,110/month
- Home Price-to-Income Ratio: 2.6
- Average Property Tax: $1,665
Kennesaw is a smaller town like Woodstock with around 34,000 residents, 26% of whom are young adults. Woodstock is popular with young professionals because of its suburban feel, restaurants, and parks.
Housing Affordability: Kennesaw is an affordable town with a relatively low price-to-income ratio, which can appeal to young professionals looking to qualify for a mortgage. (Most people own their own home here.) Rental prices are comparable to those in Powder Springs, Marietta, and Smyrna.
Best Places to Live in Georgia for Retirees
What makes a location rank highly as among the best places to live in Georgia for retirees? Factors such as art and culture, recreational facilities like golf and tennis, and a reasonable cost of living.
1. St. Simons
- Population: 14,892
- Median Household Income: $94,663
- Cost of Living: 110.9% of U.S. average
- Median Rent Price: $3,200/month
- Home Price-to-Income Ratio: 4.0
- Average Property Tax: $1,108
St. Simons is a small town on one of four barrier islands along Georgia’s southern coast. It has gorgeous beaches and upscale homes. Around 50% of the population is 55 or older, and no wonder: It hosts festivals and food and art events throughout the year. However, it does lack public transportation and can be busy in the summer.
Housing Affordability: St. Simons has a high price-to-income ratio, and the median rent at $3,200 is high compared to nearby areas such as Brunswick and Woodbine. The rental market is on a downward trend, though, and dropped by $600 year over year.
2. Savannah
- Population: 148,004
- Median Household Income: $49,832
- Cost of Living: 90.1% of U.S. average
- Median Rent Price: $2,200/month
- Home Price-to-Income Ratio: 3.4
- Average Property Tax: $1,382
Savannah has a vibrant community with lots going on for retirees, including museums, historic homes, and plenty of dining options. The weather is good year round, and the cost of living here is below the national average.
Housing Affordability: Savannah is more affordable than St. Simons with a home price-to-income ratio of 3.4. The rental market is cool, but there is increasing demand, so costs are rising.
3. Thomasville
- Population: 18,460
- Median Household Income: $44,063
- Cost of Living: 82.5% of U.S. average
- Median Rent Price: $1,375/month
- Home Price-to-Income Ratio: 3.7
- Average Property Tax: $1,665
Thomasville is a small town with plenty of charming Victorian-style historic homes. There is a vibrant town center with art galleries, craft stores, and cafes. Retirees can enjoy recreation and fitness programs at three YMCAs.
Housing Affordability: Thomasville has a low cost of living index, so it is very affordable. Rental prices are comparable with other nearby towns such as Boston and Cairo. Overall, rental costs are staying steady.
4. Athens
- Population: 128,561
- Median Household Income: $43,466
- Cost of Living: 100.2% of U.S. average
- Median Rent Price: $1,550/month
- Home Price-to-Income Ratio: 4.6
- Average Property Tax: $1,549
Athens is a bustling college town with lots going on for retirees. It has rich historic architecture, diverse culture, and a favorable climate. The cost of living is slightly higher than the national average.
Housing Affordability: Athens is quite an expensive place to live and has a high price-to-income ratio. The rental market is somewhat soft, having seen rents drop by $223 year over year.
5. Griffin
- Population: 23,693
- Median Household Income: $38,972
- Cost of Living: 95.2% of U.S. average
- Median Rent Price: $1,400/month
- Home Price-to-Income Ratio: 4.0
- Average Property Tax: $1,301
Griffin is another of the best places for retirees to live in Georgia. It’s a small town around 25 miles south of Atlanta and was featured in the movie “Driving Miss Daisy”. For culture-loving retirees, Griffin has a ballet, theater, music, and the Griffin School for the Arts.
Housing Affordability: Rental prices in Griffin are relatively low, and the town has a low cost of living index, which together mean it can be a very affordable option for retirees seeking to settle in Georgia.
Best Places to Live in Georgia Near the Beach
The state has beautiful coastal towns and barrier islands. To find the best places to live in Georgia near the beach, such factors as the cost of housing, including rental costs, were factored in. Some locations have limited real estate opportunities and rentals can be a cheaper and better option.
1. Brunswick
- Population: 29,362
- Median Household Income: $38,972
- Cost of Living: 88.4% of U.S. average
- Median Rent Price: $1,638/month
- Home Price-to-Income Ratio: 4.6
- Average Property Tax: $1,108
Brunswick is the second-largest beach town in Georgia. Also known as the “Gateway to the Golden Isles,” it has rich architecture with buildings from the 1700 and 1800s in Brunswick Old Town Historic District. Economically, the town thrives on tourism and shipping at Brunswick Port.
Housing Affordability: Brunswick is an affordable town with a relatively low price-to-income ratio. However, home prices have gone up by around 18% since March 2023. Rental costs are reasonable, but there is increasing demand, which could mean prices will go up.
2. Darien
- Population: 1,525
- Median Household Income: $50,523
- Cost of Living: 84.8% of U.S. average
- Median Rent Price: $1,700/month
- Home Price-to-Income Ratio: 4.44
- Average Property Tax: 0.76%
Located on the Georgia coast at the mouth of the Altamaha River, Darien is a coastal community about 60 miles south of Savannah with much to recommend it. It can be your starting point for deep-sea fishing outings, strolls along the shore, or dining with a great view of the sunset. This town of about 1,500 has an average age of 46.3 years, suggesting a good mix of younger and older residents. Expect a quiet, quaint fishing-village vibe and some historical attractions in addition to the fantasticl view and landscape. However, that also means there isn’t too much choice when it comes to shopping or dining. Prepare to drive a bit for those amenities.
Housing Affordability: Darien can be an affordable place to live if you own a home. The cost of living here is less than the U.S. average, and the average home value is $224,291, up 8.6% year over year, indicating demand may be growing. While the median monthly rental is 16% below the national figure, it’s up $770 year over year, and availability is extremely limited. You may have to bide your time if you want to rent in Darien.
3. Jekyll Island
- Population: 850
- Median Household Income: $60,775
- Cost of Living: 117.5% of U.S. average
- Median Rent Price: $3,500/month
- Home Price-to-Income Ratio: 3.4
- Average Property Tax: $1,108
Among the best places to live in Georgia near the beach is Jekyll Island, another tiny but gorgeous community. It has 5,500-acres and 10 miles of shoreline. Another of what are called the Golden Isles, Jekyll Island is known for Driftwood Beach, the Georgia Sea Turtle Center, biking trails, tennis golf, kayaking, and boating. All land on Jekyll Island is owned by the State of Georgia, which means owners of property pay the Jekyll Island Authority rent to lease the land in addition to other homeowner expenses.
Housing Affordability: The cost-of-living index is high here, which reflects the high cost of housing. The average cost of a single-family home in Jekyll Island, Georgia, and the rest of Glynn County in 2023 is around $331,697, and house prices are rising rapidly. In addition, homes tend to sell quickly in this area.
4. St. Marys
- Population: 57,013
- Median Household Income: $61,636
- Cost of Living: 81.1% of U.S. average
- Median Rent Price: $1,719/month
- Home Price-to-Income Ratio: 3.4
- Average Property Tax: $1,281
Located in Camden County, St. Mary’s is a small beach city with historic buildings from the 1800s. The town borders the U.S. Naval base of Submarine Base Kings Bay. Also, the town hosts the annual Rock Shrimp Festival with delicious seafood and family fun.
Housing Affordability: The cost of living index is low for St. Mary’s, Georgia, and the home price-to-income ratio indicates that housing here is affordable. However, the rental market is hot, and rental properties are in demand.
5. Tybee Island
- Population: 3,000
- Median Household Income: $101,913
- Cost of Living: 115.3% of U.S. average
- Median Rent Price: $1,159/month
- Home Price-to-Income Ratio: 5.4
- Average Property Tax: $1,382
Tybee Island is just 20 minutes from downtown Savannah. The beach is famous for the Tybee Island lighthouse and pier.
Housing Affordability: The cost-of-living index implies that Tybee Island is affordable. However, house prices are high compared to the national average. The rental market is more reasonable, and there does not seem to be high demand.
The Takeaway
Georgia is a state that offers both rural tranquility and urban vibrancy that suits families, young professionals, and retirees. Big cities like Atlanta and smaller towns like Woodstock offer great living with restaurants and outdoor recreation at a relatively low cost of living.
Retirees can choose to live on a barrier island like St Simons with few neighbors or live in a denser community like Savannah surrounded by rich, southern architecture. Lastly, for beach-lovers, Georgia has 110 miles of coastline and 15 barrier islands to choose from.
This article originally appeared on SoFi.com and was syndicated by MediaFeed.org.
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25 cheapest places to live in Michigan
If you’re looking to make a move and budget is top of mind, then you can add Michigan to your list of states to consider. When it comes to the cost of living, Michigan is the 15th cheapest state to live in. Combine affordability with the chance to enjoy all the beauty of Michigan’s many lakes, sand dunes, and waterfalls, and you’re looking at a great place to live. Let’s take a look at the best places to live in Michigan so potential movers can find the perfect spot to call home.
Budget, age, and family makeup — even whether you love water sports or like cross-country skiing — can affect how well-suited you are for a certain Michigan city. Most Michigan cities are on the smaller size (Detroit being the exception). If you like smaller-city or small-town living and don’t mind cold and snowy winters, there are many best places to live on the map for you.
Sean Pavone/istockphoto
To start, let’s have a look at some of the most affordable places to live in Michigan. Comparing Michigan to other possible locations for your move? Check out the cost of living across the 50 states.
1. Jackson
- Population: 31,031
- Median Household Income: $38,298
- Cost of Living: 83% of U.S. average
- Median Rent Price: $900
- Home Price-to-Income Ratio: 4.5
- Average Property Tax: 1.48%
If you’d like to land somewhere that isn’t quite a small town or a big city, then Jackson might be exactly what you’re looking for. With more than 31,000 residents, this is by no means tiny, but you won’t have to worry about the hustle and bustle of a big city. Top employers include CMS Energy Corporation and Allegiance Health. And there is plenty to do outside of work — with multiple museums and parks, you’ll never be bored. Jackson is a top spot for golf lovers, as well.
Housing Affordability: A cool rental market should make it easy for would-be Jackson residents to find an affordable place to rent until they’re ready to buy. You can expect to save a lot compared to renters in towns like Holland, who pay an average of $1,775 per month on rent. The average Jackson home value is an affordable $173,347, far below the national average of $348,126.
DenisTangneyJr/istockphoto
- Population: 72,873
- Median Household Income: $44,296
- Cost of Living: 77.5 of U.S. average
- Median Rent Price: $1,195
- Home Price-to-Income Ratio: 1.10
- Average Property Tax: 1.80%
If you are looking for a bigger city feel but still want to keep things affordable, then you’ll appreciate that the rent prices in Kalamazoo start at just $375. This area of Michigan is known for its craft beer, so you can’t miss out on brewery-hopping with the locals.
Housing Affordability: Even though median rent prices are higher in Kalamazoo ($1,195) compared to smaller cities like Jackson, prices remain reasonable. And the average Kalamazoo home value is an affordable $223,841, well below the national average.
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Sean Pavone/istockphoto
- Population: 119,875
- Median Household Income: $73,276
- Cost of Living: 106% of U.S. average
- Median Rent Price: $2,250
- Home Price-to-Income Ratio: 3.80
- Average Property Tax: 1.84%
While Ann Arbor isn’t the cheapest place to live in Michigan, it is considered to be very affordable for a big city. Finding a good job shouldn’t be a problem either. Education, health care, and automotive employers dominate, although the area is also home to the headquarters of Domino’s Pizza.
Housing Affordability: While at first glance, Ann Arbor may not seem that affordable, if you’re looking to balance big city opportunities and amenities with affordable pricing, Ann Arbor can help you save compared to more expensive cities like East Grand Rapids, which has average rental prices of $2,800 a month.
DenisTangneyJr/istockphoto
- Population: 29,449
- Median Household Income: $51,300
- Cost of Living: 82% of U.S. average
- Median Rent Price: $829
- Home Price-to-Income Ratio: 2.8
- Average Property Tax: 1.89%
Going for a smaller town can help you keep your budget nice and tight. With median rent prices that fall under $1,000, you can find a rental for as little as $675 in Burton. Looking to buy? Low housing prices likely contribute to why 74.31% of Burton residences are owner-occupied.
Housing Affordability: You’ll be hard pressed to find a city with lower rent prices when rentals are so in-demand. Even in a hot rental market, Burton saw a $271 year-over-year drop in rental prices. If you’re looking to purchase a home, to compete more effectively in the market, it may help to go through the mortgage preapproval process before your search heats up.
4. Burton by LongLiveRock (None)
- Population: 620,376
- Median Household Income: $34,762
- Cost of Living: 104.3 of U.S. average
- Median Rent Price: $1,200
- Home Price-to-Income Ratio: 1.26
- Average Property Tax: 2.16%
Don’t let the idea of big city prices scare you off if you want to live in Michigan. Detroit is the biggest city on our list of the best affordable places to live in Michigan, with rental prices starting as low as $425. For a helpful point of reference — Portland, Oregon, only has about 15,000 more residents than Detroit, but rent prices are 32% higher.
Housing Affordability: You’ll spend half as much on rent in Detroit ($1,200) compared to other Michigan cities with sky-high rental prices like Troy ($2,119). And sure, there are areas around Detroit where you’re likely to need a jumbo mortgage loan, but home values in metro Detroit fall well below the national average.
pawel.gaul/istockphoto
Whether you already have a big brood or are just hoping to start a family one day, you may want to find a family-friendly spot to build a home and life. Here’s our take on the best places to live in Michigan for families.
1. Okemos
- Population: 25,121
- Median Household Income: $83,019
- Cost of Living: 85% of U.S. average
- Median Rent Price: $1,500
- Home Price-to-Income Ratio: 4.2
- Average Property Tax: 2.26%
Families may gravitate to Okemos due to its well-regarded public schools and solid job opportunities in government, healthcare and manufacturing. The latter is thanks to its proximity to the state capital of East Lansing and to Michigan State University.
Housing Affordability: Okemos is another example of a Michigan city that has much more affordable housing opportunities compared to pricier cities like Troy (median rent: $2,119), which can offer families on a budget some much-needed relief.
Jacob Boomsma/istockphoto
- Population: 6,280
- Median Household Income: $157,666
- Cost of Living: 104.3 of U.S. average
- Median Rent Price: $2,900
- Home Price-to-Income Ratio: 3.0
- Average Property Tax: 1.58%
Why is Huntington Woods such a great place for families? Like Okemos, it has well-regarded schools. It also offers a low-key social scene, not to mention there are a lot of opportunities for outdoor family fun. You’re also close to Detroit if you want to commute to work there but not raise kids there.
Housing Affordability: The cool housing market is likely contributing to why Huntington Woods has seen a month-over-month drop of $1,350 in average rental prices. The average home value is $473,014.
Huntington Woods by WeaponizingArchitecture (CC BY-SA)
- Population: 10,435
- Median Household Income: $148,101
- Cost of Living: 104.3
- Median Rent Price: $2,100
- Home Price-to-Income Ratio: 3.4
- Average Property Tax: 1.58%
While it may not be as flashy as Beverly Hills in California, this city in Michigan has a lot to offer families. Your budding scientists will love regular visits to the Cranbrook Institute of Science. Families who enjoy spending time together in the great outdoors will want to visit the Carpenter Lake Nature Preserve every spring, summer, and fall to enjoy the changing seasons.
Housing Affordability: A cool rental housing market has contributed to a year-over-year drop of $1,100 in rental prices in Beverly Hills. The average Beverly Hills home value is $508,733. There are first-time homebuyer programs in Michigan that can help make home ownership affordable, and buyers who have previously owned a home can qualify in some cases.
- Population: 38,220
- Median Household Income: $37,827
- Cost of Living: 94.7 of U.S. average
- Median Rent Price: $985
- Home Price-to-Income Ratio: 4.3
- Average Property Tax: 1.63%
If you have water babies, get ready for sun fun on the sand. Muskegon has a handful of waterfront state parks where you can enjoy days in the sun. Art museums, hiking trails, theme parks, and many other attractions make Muskegon a really cool spot to raise active and curious kids.
Housing Affordability: Even with a warm housing market, Muskegon renters are paying less on average than other Michigan cities such as Detroit ($1,200). Buyers find an average home value in this market of $162,403.
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- Population: 11,402
- Median Household Income: $145,000
- Cost of Living: 94.7
- Median Rent Price: $2,800
- Home Price-to-Income Ratio: 4
- Average Property Tax: 1.50%
If education is important to you — as it is with most parents — then look no further than East Grand Rapids. Even though this town is small, it hosts high-income earners, and the majority of residents are college educated. Families looking for a well-ranked public school system will want to give East Grand Rapids a good look.
Housing Affordability: Rental prices in East Grand Rapids can range from $1,680 to $8,100, so families with large housing needs may want to look to a more affordable city like Jackson where prices range from $500 to $3,456. The average home value, at $588,190, is among the higher ones on our list.
Looking for the best places to live in Michigan for young adults? From cities with great nightlife to ones that have ample career opportunities, we’ve helped you narrow down your search.
1. Ann Arbor
- Population: 119,875
- Median Household Income: $73,276
- Cost of Living: 106% of U.S. average
- Median Rent Price: $2,250
- Home Price-to-Income Ratio: 3.80
- Average Property Tax: 1.84%
As briefly noted above, there are a lot of great career opportunities in Ann Arbor. There are also a lot of opportunities for young adults to let their hair down and have a little fun. For outdoor enthusiasts, the area offers kayaking, canoeing, and stand-up paddle boarding on the Huron River in the summer, as well as cross-country skiing, snowshoeing, and ice skating in the winter. Young creatives can explore renowned galleries, museums, and theatrical and musical organizations.
Housing Affordability: The warm rental market is keeping prices in this popular Michigan city in check — which is likely why Ann Arbor only saw a $51 year-over-year increase in rental prices.
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- Population: 11,402
- Median Household Income: $145,000
- Cost of Living: 94.7
- Median Rent Price: $2,800
- Home Price-to-Income Ratio: 4
- Average Property Tax: 1.50%
Young adults looking to start their career off may be looking to move somewhere with a high median household income and good job opportunities. They may want to consider East Grand Rapids, which has a median household income of $145,000 and where 94% of the working population holds white-collar jobs.
Housing Affordability: Housing prices are rising in East Grand Rapids, but the good news is not by much. A year-over-year change of just $100 has been seen in this popular city.
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- Population: 25,121
- Median Household Income: $83,019
- Cost of Living: 85% of U.S. average
- Median Rent Price: $1,500
- Home Price-to-Income Ratio: 4.2
- Average Property Tax: 2.26%
Families may gravitate to Okemos due to its well-regarded public schools and solid job opportunities in government, healthcare and manufacturing. The latter is thanks to its proximity to the state capital of East Lansing and to Michigan State University.
Housing Affordability: Okemos is another example of a Michigan city that has much more affordable housing opportunities compared to pricier cities like Troy (median rent: $2,119), which can offer families on a budget some much-needed relief.
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- Population: 6,280
- Median Household Income: $157,666
- Cost of Living: 104.3 of U.S. average
- Median Rent Price: $2,900
- Home Price-to-Income Ratio: 3.0
- Average Property Tax: 1.58%
As a young adult, it’s really exciting when you get to start building your career. Not sure what path you want to take? In Huntington Woods, you have a lot of options. 14% of the local workforce is made up of entrepreneurs, 60% work for private companies, and 11% are employed by governmental institutions. There are even non-profit jobs (14%) available if that’s what your heart is set on.
Housing Affordability: Small town life can come at a high price, but may be the best fit for families. That being said, families on a budget may want to consider a bigger and more affordable city like Ann Arbor. Rent in Huntington Woods is 29% higher than in Ann Arbor.
Huntington Woods by WeaponizingArchitecture (CC BY-SA)
- Population: 72,873
- Median Household Income: $44,296
- Cost of Living: 77.5 of U.S. average
- Median Rent Price: $1,195
- Home Price-to-Income Ratio: 1.10
- Average Property Tax: 1.80%
Young people will appreciate all the fun things to do in Kalamazoo. From breweries to live theater and musical performances to impressive dining destinations, there’s no shortage of ways to fill your nights and weekends. Only 30% of residents are married, so young singles will appreciate the opportunities to meet and mingle with other Kalamazoo residents in the same stage of life.
Housing Affordability: A cool housing market is keeping prices low in Kalamazoo, which saw a year-over-year drop of $155 in rental prices.
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Some of the best places to live in Michigan for retirees are the locations that have low average property taxes, affordable rent prices, and lots of fun things to do in your time off.
1. Petoskey
- Population: 5,865
- Median Household Income: $60,054
- Cost of Living: 84% of U.S. average
- Median Rent Price: $550
- Home Price-to-Income Ratio: 5.46
- Average Property Tax: 1.04%
Most retirees live on a fixed income and may have a tight budget to stick to. Rent prices in Petoskey start at $470, and property taxes come out at under $2,000 a year, making Petoskey an affordable spot for retirees whether they choose to rent or own. There are many opportunities to enjoy arts and culture in the area, and golf and ski resorts are plentiful. The Gaslight District boasts 90 specialty shops.
Housing Affordability: Looking to score a deal? Petoskey’s rent is 14% below the national average. The average home value in Petoskey is $400,824 and has remained relatively flat over the last year.
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- Population: 72,873
- Median Household Income: $44,296
- Cost of Living: 77.5 of U.S. average
- Median Rent Price: $1,195
- Home Price-to-Income Ratio: 1
- Average Property Tax: 1.80%
Retirees just want to have fun and they stand to have a lot of fun in Kalamazoo. Those looking for a slower pace can enjoy the farmer’s markets, antique shops, and museums. Seniors looking to stay active can hit the hiking and biking trails when they aren’t playing a round of golf or taking their grandkids to one of Kalamazoo’s many parks.
Housing Affordability: As briefly noted above, rental prices have been dropping in Kalamazoo due to a cool rental market. Locals have enjoyed a month-over-month drop of $5 in average rental prices, whereas many cities have seen increases.
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- Population: 11,402
- Median Household Income: $145,000
- Cost of Living: 94.7
- Median Rent Price: $2,800
- Home Price-to-Income Ratio: 4
- Average Property Tax: 1.50%
Retirees looking for peace and quiet will enjoy the small-town feel of East Grand Rapids and a chance to really get to know their neighbors. With multiple senior centers to choose from, retirees should have no problem making friends who are in the same stage of life as them.
Housing Affordability: Rising rental prices in East Grand Rapids may be caused by the fact that there are very few available rentals at the moment. However, East Grand Rapids renters are still paying less than Huntington Woods renters ($1,600 vs. $2,900).
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- Population: 10,982
- Median Household Income: $52,929
- Cost of Living: 94.7 of U.S. average
- Median Rent Price: $1,500
- Home Price-to-Income Ratio: 6.6
- Average Property Tax: 1.37%
The best part about retirement is deciding how to spend your many free days and nights. We wouldn’t mind catching a show at the Grand Haven Musical Fountain or strolling down the boardwalk. Retirees who don’t like to drive can catch a ride on the Lakeshore Trolley each summer. And with miles of Lake Michigan beaches, the soft sand and beautiful sunsets make summers in Grand Haven especially inviting.
Housing Affordability: For those looking to save on rent, Grand Haven offers some affordable housing opportunities compared to Michigan cities like Northville, where rent prices average 29% higher. The average home value, at $348,311, has climbed slightly in the last year.
Morgan Somers/istockphoto
- Population: 39,811
- Median Household Income: $70,293
- Cost of Living: 94.7
- Median Rent Price: $1,775
- Home Price-to-Income Ratio: 2.5
- Average Property Tax: 1.37%
Retirees who dream of the charm of Europe but who also want to stay close to home can find everything they’re looking for in Holland, Michigan. The Dutch heritage of this town is still celebrated today with the preservation of unique architecture, blooming tulip fields, celebratory festivals, and of course, some impressive windmills.
Housing Affordability: Don’t let an average rent price of $1,775 scare you off from the charming town of Holland — you can find much higher sticker shock in Michigan in cities like Huntington Woods with average rent prices of $2,900. Looking to purchase? The average home value is $324,883.
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Ohio doesn’t offer access to the ocean or mountains, but it borders one of the Great Lakes and has plenty of smaller lakes and rivers to explore. These are some of the top locations in the state to live near the water.
1. Grand Haven
- Population: 10,982
- Median Household Income: $52,929
- Cost of Living: 94.7 of U.S. average
- Median Rent Price: $1,500
- Home Price-to-Income Ratio: 6.6
- Average Property Tax: 1.37%
Play tourist whenever you feel like it in Grand Haven. Visitors flock there to take advantage of the seven area beaches, as well as its museums, galleries, shops, and restaurants. Make your move here and you can take advantage of everything Grand Haven has to offer, all while enjoying low rent prices starting at $1,100.
Housing Affordability: A warm rental market contributed to a pleasant $300 drop in rental prices in Grand Haven.
Housing Affordability: A warm rental market contributed to a pleasant $300 drop in rental prices in Grand Haven
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- Population: 5,865
- Median Household Income: $60,054
- Cost of Living: 84% of U.S. average
- Median Rent Price: $550
- Home Price-to-Income Ratio: 5.46
- Average Property Tax: 1.04%
Morning strolls by the waterfront Bayfront Park sound like the perfect start to any day. From beach days to water sports, there’s no shortage of ways to take advantage of being so close to the water. And with a median rent price of $550, who can complain?
Housing Affordability: You stand to save a lot of money by moving to Petoskey compared to pricier cities like East Grand Rapids which experiences 80% higher rent prices on average ($2,800).
RiverNorthPhotography/istockphoto
- Population: 72,873
- Median Household Income: $44,296
- Cost of Living: 77.5 of U.S. average
- Median Rent Price: $1,195
- Home Price-to-Income Ratio: 1.10
- Average Property Tax: 1.37%
As charming as we made Holland sound earlier, we forgot to mention this pretty town is by the water. Enjoy your summer weekends at the beach, or take nice fall walks by the lighthouse. This town really does have a lot of fun activities to keep you entertained no matter what stage of life you’re in.
Housing Affordability: If you have a desire to move to Holland, you’ll be happy to find out that rental prices are dropping in this area. Holland has seen month-over-month drop of $100 and a year-over-year drop of $25 — likely due to the cool rental market in the area.
MiguelMalo/istockphoto
- Population: 38,220
- Median Household Income: $37,827
- Cost of Living: 94.7
- Median Rent Price: $985
- Home Price-to-Income Ratio: 4.3
- Average Property Tax: 1.63%
Being by the water usually comes with sky-high housing prices, but in Muskegon, you can make your waterfront dreams possible on a budget. The median rent price is just $985 and average property taxes are only $1,670, making Muskegon an affordable option for young professionals, retirees, or families.
Housing Affordability: A warm housing market means there is quite a bit of rental demand in Muskegon, but even so, monthly rental prices dropped by an average of $65 year-over-year. With an average home value of $162,403, Muskegon is a good place to make dreams of home ownership a reality. If this is your first time purchasing a home, consult a home loan help center to learn more about the ins and outs of this transaction.
Steven D Reynolds/istockphoto
- Population: 15,702
- Median Household Income: $64,033
- Cost of Living: 92% of U.S. average
- Median Rent Price: $2,100
- Home Price-to-Income Ratio: 6.5
- Average Property Tax: 1.33%
Traverse City is one of the pricier beachside towns we looked at but for good reasons. Families looking for an outdoorsy home will also appreciate that the area has a well-ranked public school system even as it also offers reasonable property taxes and all the waterfront amenities you could ask for. Residents here can make the most of weekends by indulging in wine tours, sailboat cruises, and hiking. When wine country combines with beaches, you know you’re in for a good time.
Housing Affordability: There are plenty of available rentals in Traverse City, which contributes to the cool rental market. However, prices in this lake town are still a lot higher than others like Petoskey ($550). The average home value is $417,714.
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It’s easy to see that if you want to make Michigan your home, you’ll have no trouble finding the perfect spot no matter what phase of life you currently find yourself in. Take some time to consider whether proximity to a lake is important (there are lots in Michigan!) or whether you want to be in a larger or smaller city.
This article originally appeared on SoFi.comand was syndicated by MediaFeed.org.
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