Real Estate details: Lancaster OH vs Troy MI
RE Insights
| Metric | Lancaster | Troy |
|---|---|---|
| Population | 41,174 | 87,201 |
| Median Home Price | $223,000 | $375,000 |
| Rent | 43% | 25% |
| Own | 57% | 75% |
Real Estate Insights Comparison: Lancaster vs Troy
- The population in Troy is greater at 87,201 compared to 41,174 in Lancaster.
- The median home price in Troy is higher at $375,000 compared to $223,000 in Lancaster.
- Rent in Lancaster is higher at 43% compared to 25% in Troy.
- More homeowners can be found in Troy at 75% compared to 57% in Lancaster.
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.