Quick facts: Linden, MI

Quick Facts

94.9
Cost of Living
below US average
4,145
Population
3.86
Crime Rate per 1000
below US average
$85,917
Median Income
above US average
$420,000
Median House Price
above US average
$2088.38
Average Rent
above US average
9%
Poverty Rate
below US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $85,917.

🏠

Income Needed to Buy

βœ— Stretch
$132k/year
Based on $420,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $132k vs median $85,917
🏒

Income Needed to Rent

⚠ Stretch
$90k/year
Based on $2088.38/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $90k vs median $85,917
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Linden, MI

Linden, Michigan, is a charming small city located in Genesee County. Nestled in the scenic landscapes of the rural Midwest, Linden offers a quaint, tight-knit community atmosphere with a population of approximately 4,000 residents. The city is renowned for its peaceful surroundings, beautiful parks, and recreational opportunities, making it an ideal spot for families and outdoor enthusiasts. The downtown area features a collection of local shops, restaurants, and services, contributing to its vibrant community life. Linden is near the pristine shores of Lake Fenton, providing residents and visitors with access to boating, fishing, and swimming activities. Additionally, the city hosts various seasonal events and festivals that reflect its community spirit. Education in Linden is served by the Linden Community School District, which is known for its commitment to academic excellence. With its blend of natural beauty, community-oriented living, and convenient access to nearby larger cities like Flint and Fenton, Linden, MI, offers a delightful suburban lifestyle while still being close to urban amenities.

πŸ” Search & Compare Places

First Location πŸ“