Real Estate details: Troy MI vs Lakewood NY
RE Insights
| Metric | Troy | Lakewood |
|---|---|---|
| Population | 87,201 | 2,972 |
| Median Home Price | $375,000 | $190,000 |
| Rent | 25% | 34% |
| Own | 75% | 66% |
Real Estate Insights Comparison: Troy vs Lakewood
- Troy has a larger population of 87,201 compared to 2,972 in Lakewood.
- A higher median home price of $375,000 is found in Troy compared to $190,000 in Lakewood.
- The rent percentage in Lakewood is higher at 34% compared to 25% in Troy.
- A greater percentage of homeowners in Troy at 75% compared to 66% in Lakewood.
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.