Real Estate details: Detroit MI vs Paramount CA
RE Insights
| Metric | Detroit | Paramount |
|---|---|---|
| Population | 620,376 | 51,653 |
| Median Home Price | $100,000 | $589,000 |
| Rent | 51% | 59% |
| Own | 49% | 41% |
Real Estate Insights Comparison: Detroit vs Paramount
- Detroit has a larger population of 620,376 compared to 51,653 in Paramount.
- The median home price in Paramount is higher at $589,000 compared to $100,000 in Detroit.
- The rent percentage in Paramount is higher at 59% compared to 51% in Detroit.
- A greater percentage of homeowners in Detroit at 49% compared to 41% in Paramount.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.