Are You Moving To Michigan?
Michigan is a midwestern U.S. state bordering 4 of the Great Lakes. It contains more than 11,000 inland lakes, spread across its lower and upper peninsulas. Its largest city, Detroit, is famed as the seat of the U.S. auto industry, which inspired Diego Rivera’s murals at the Detroit Institute of Arts. Also in Detroit is Hitsville U.S.A., the original headquarters of the Motown record company.
Michigan offers something for just about everyone, from fascinating cultural attractions in its bustling cities to a myriad of outdoor adventures in some of the most stunning areas of the country.
Michigan is a gem in the midwest with it’s cherry festival and plenty of places to go. This water front city is surrounded by endless miles of lakefront shoreline – this is pure Michigan. Traverse City is a top summer destination for all to enjoy.
Planning to live in Michigan? If you’re moving to Michigan, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.
Moving to Michigan
Pros and Cons of Living in Michigan
Here are a few pros and cons to consider as you make your move to Great Lakes State:
Pros.
- Michigan is surrounded by the Great Lakes which are great for fishing and hanging out on the beach in the summer.
- Michigan is known for football, hockey, basketball, and many other sports. Michigan is home to the Detroit Red Wings, the Detroit Tigers, and many other sports teams.
- Michigan also experiences each of the four seasons. Although Michigan is known for its “harsh” winters, Michigan has warm summers.
- There are quite a few nice beaches in Michigan, especially along the Lake Michigan shoreline.
Cons.
- They get a lot of snow up here – about 80 inches a year in many parts. Michigan as a state has the third most hunters per capita, where 1 in 10 residents hunts.
- Another reason related to the winter, on why Michigan is not the best state to live in is that when the plow trucks go through fast while plowing. They put potholes in the roads, and these are very expensive to fix. The potholes also ruin tires of vehicles which cost even more to get new tires every couple of years.
- Snow causing some schools in Michigan to close or have an early release.
Tax Rates
- Property Tax: 1.64%. Michigan is ranked #41 in terms of the effective real-estate tax rate.
- Sales Tax: Michigan state sales tax rate is 6%. There are no local sales taxes.
- Income Tax: 4.25%. The state has a flat personal income tax system.
Housing Market
The typical home value of homes in Michigan is $202,279. This value is seasonally adjusted and only includes the middle price tier of homes. Michigan home values have gone up 11.5% over the past year.
What Should I Know In 2021?
Economy Outlook
Michigan, or the Great Lakes State, is home to nearly 10.0 million individuals, primarily employed in the manufacturing, health care, and social assistance, and retail trade sectors. Overall, economic performance and recovery in the state over the five years have been remarkable.
The Michigan economy pushed further ahead in August, Housing markets statewide are improving as sales and prices increase. New home construction remains low but is expected to increase to meet pent-up demand.
Transportation equipment (automobiles, trucks, vans, SUVs, airplanes, boats, buses) is Michigan’s most valuable manufacturing sector. Production of machinery (bearings, chisels, dies, valves, machine parts, computers, conveyors, engines, machine tools, pumps) is the state’s second-ranked sector.
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Traffic & Transportation
Major bus lines run throughout the state, making it easy and possible to travel all the way from Detroit to Sault Ste. Marie. Greyhound provides the most comprehensive set of bus stations throughout the state with 47 bus stops in Michigan.
The cheap and frequent routes cover most regions in the state, from where you can rent a car to move around locally. Within large cities like Detroit, mass transit busses move people between downtown and the suburbs at fares that are far lower than taxi rates.
Cost of living
Detroit, Michigan’s cost of living is 3% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
Housing is the biggest factor in the cost of living difference. The median home price in Michigan is $192,104.
Grand Rapids, Michigan is one of the most affordable cities in America, with a reputation as a place where people and businesses can get more for their money. The 2021 cost of living in Michigan is low compared to other US states.
Families with two adults and two children in the Detroit-Livonia-Warren metro need an annual income of $62,080 – or $5,173 per month – to live comfortably.
Moving to Michigan
Things to Know When Moving To Michigan
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Moving is one of the most exciting and overwhelming events in our lives. While there are many moving companies and various different resources to choose from, there is only one Real Movers. If you are in the process of planning a long-distance move, and you are looking for a moving company you can trust, Real Movers is your perfect choice.
