Novi Scores as One of Michigan's Best Cities to Live in for Young Families

Would you like to live in a place that you can comfortably afford?

When looking for a good neighborhood to raise your family in, what do you look for? Good schools may come to mind first. Another thought might be is if houses in a city are affordable for your young family. Lastly, it would also be important to know that the city where you purchase a house with a 30-year mortgage is a city that is thriving and will continue to thrive years to come.

NerdWallet

The questions above are the exact questions that NerdWallet asked when they put together a list of the top cities in Michigan to live in for young families. Nerdwallet’s mission is to boost honesty and transparency in personal finance, so that consumers can save time and money, and feel confident about the financial choices they make. The company prides itself in providing unbiased and unfiltered information and has been featured on The New York Times and The Wall Street Journal. 

Great Schools

When looking for great schools, NerdWallet looked at the ratings of academic performance from a non-profit called GreatSchools. GreatSchools takes schools’ standardized test scores and compares them to the state average. Every school is then given a 1-10 score with 10 being the best. The higher the school is rated the higher the city scored.

Affordability

Another important aspect about picking where you want to live as a young family is affordability. NerdWallet helped decipher this by looking at the median home value, monthly home costs that include mortgages, taxes, insurance, etc. The lower the cost, the higher NerdWallet scored the city.

Is The City Thriving?

The last aspect NerdWallet considered is if the city is thriving, growing and prospering. They decided that by looking at the income growth of the median household income over the last 10 years. As I’m sure you guessed, the higher the income the higher the city scored.

Here is NerdWallet’s Top 10 Best Cities in Michigan to Raise a Family in reverse order:

  1. Mount Pleasant
  1. Livonia
  1. East Lansing
  1. Ann Arbor
  1. Midland
  1. Novi
  1. Royal Oak
  1. Rochester Hills
  1. Portage
  1. Troy

As you can see, Novi, Michigan was ranked number 5 on that list. This isn’t Novi’s first appearance on a top 10 list. In fact, Novi’s great schools, low crime rate and tremendous housing market put it on Movoto Blog’s Top 10 Best Cities in Michigan. On that list, Novi ranked number 2. You can read more about that in our article, Novi Voted Second Best City in Michigan.

If you are in the market for purchasing a house in a great city, please give our office a call. We would love to help you find your dream home in the thriving city of Novi.

 248-348-7200