Quick facts: Mount clemens, MI

Quick Facts

94.9
Cost of Living
below US average
15,409
Population
17.33
Crime Rate per 1000
below US average
$55,154
Median Income
below US average
$179,901
Median House Price
above US average
$1435
Average Rent
above US average
12%
Poverty Rate
above US average
3.5%
Unemployment Rate
below 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 $55,154.

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Income Needed to Buy

βœ— Stretch
$56k/year
Based on $179,901 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $56k vs median $55,154
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Income Needed to Rent

⚠ Stretch
$61k/year
Based on $1435/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $61k vs median $55,154
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mount clemens, MI

Mount Clemens is a city located in Macomb County, Michigan. Known for its rich history and vibrant community, it serves as the county seat. Positioned just 25 miles northeast of Detroit, it offers a quaint yet lively atmosphere. The city, with a population of approximately 16,000 residents, has a mix of old-world charm and modern amenities. Historically significant for its mineral baths and spas, Mount Clemens attracted visitors seeking relaxation and health benefits in the late 19th and early 20th centuries. Today, the city retains its cultural heritage while embracing growth. Popular attractions include the historic Macomb County Courthouse and the Mount Clemens Art Center, which hosts various art exhibitions and community events. The downtown area is filled with unique shops, restaurants, and cafes, creating a welcoming environment for locals and visitors alike. Mount Clemens also features several parks and recreational opportunities, making it an ideal place for families. Overall, Mount Clemens combines a rich historical background with a vibrant community spirit, offering a fantastic suburban lifestyle while remaining close to the amenities of Metro Detroit.

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