DETROIT - Only one Michigan city is among the top 50 American cities to live, according to a new list.
24/7 Wall Street released their list of "America's 50 Best Cities to Live" last week and only one city, in Metro Detroit, made the list.
> Population: 73,418
> Median home value: $294,200
> Poverty rate: 6.0% (bottom 10%)
> Pct. with at least a bachelor’s degree: 57.3% (top 10%)
One of the largest indicators of quality of life is education. High school students in Rochester Hills test better than students in any city in Michigan other than Troy or Ann Arbor, and 57.3% of adults have at least a bachelor’s degree — far more than the 31.3% of adults nationwide.
Rochester HIlls is also largely devoid of the violent crime that plagues much of the Detroit metro area. There were 72 violent crimes reported per 100,000 residents in 2016, a fraction of the national violent crime rate of 386 incidents reported per 100,000 Americans. While in neighboring Detroit crime and economic decline have reduced the value of a typical home from $91,700 in 2006 to $43,500 today, homes in Rochester Hills have continued to appreciate. The typical home in the city is worth $294,200 today, an increase of $15,000 from 10 years ago and roughly $90,000 more than the U.S. median home value.
24/7 Wall Street ranked Carmel, Indiana as the best city to live.
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