Detroit, MI Real Estate Information
Are you considering a move to Detroit, MI? There are many great reasons to move to this city. Check out these six reasons to move to Detroit!
1. Detroit, MI is growing quickly and is a great place to find a job
The Detroit, MI area is growing quickly and is a great place to find a job. Some of the largest companies in Detroit include General Motors, American Axle & Manufacturing Holdings, and Ilitch Holdings.
2. Detroit is a creative city.
Detroit is a city of creative people and is one of the most creative cities in the world. There are more artists per capita in Detroit than almost anywhere else in the country.
3. There is job growth in Detroit
Job growth has been steady in the Detroit area in the last few years, and the Motor City is a prime example of the health of the American economy. Detroit is a hub for the auto industry, and the city is a growing center for technology, biomedical research, and engineering. In fact, Detroit is one of the top cities for tech job growth in the country.
4. Detroit has a thriving arts and culture scene.
It’s home to the Detroit Institute of Arts, the Detroit Historical Museum, the Museum of Contemporary Art Detroit, and the Charles H. Wright Museum of African American History.
5. Detroit has a growing music and festival scene.
The music scene in Detroit is growing each year, and there are plenty of festivals and events that bring in some of the biggest names in music for shows. For example, the Movement Electronic Music Festival in May is one of the biggest, and it takes place over Memorial Day Weekend.
6. Detroit is home to major universities and colleges.
The University of Michigan in Ann Arbor is the state's flagship university, with a highly ranked business school. The University of Detroit Mercy is the state's most prominent Catholic university, and the University of Detroit Jesuit High School is one of the premier Jesuit prep schools in the country.
Median Value Of Owner-occupied housing units: $49,200
Median Selected Monthly Owner Costs (With A Mortgage): $1,099
Median Gross Rent: $824
Median Household Income: $30,894
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