Cadillac
Cadillac city, Michigan
Cadillac, Michigan, is a charming small town that offers a refreshing escape from the hustle and bustle of city life, and a lifestyle that prioritizes affordability and community. Here, the cost of living is significantly lower than the national average, with a median home value of just $107,500, a stark contrast to the US median of around $350,000. You'll find a welcoming atmosphere and a pace of life that encourages you to slow down and savor the simple pleasures. Imagine enjoying the scenic beauty of the lakes and forests, all while having the financial freedom to pursue your passions. Cadillac is about living well without breaking the bank, a place where neighbors greet each other by name, and the local economy still supports a diverse range of work.
From an investment perspective, Cadillac presents a compelling opportunity. The housing market is stable and accessible, making it an attractive option for first-time homebuyers or those seeking a more affordable lifestyle. While the median household income is $45,123, below the national average of $75,000, the low cost of living allows residents to stretch their dollars further. The area boasts a strong sense of safety, and the local economy is supported by a variety of industries. Cadillac is ideal for individuals and families seeking a close-knit community, affordable housing, and a slower-paced lifestyle with access to beautiful natural surroundings.
Cadillac, Michigan at a Glance
Cadillac is a city in Cadillac city, Michigan with a population of approximately 10,400. The median home value is $107,500 and the median household income is $45,123. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $870 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$107,500
Median Income
$45,123
Population
10,400
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 10,400
- Median Age
- N/A
- Median Household Income
- $45,123
39% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 19.7%
59% above nat'l avg
- Median Home Value
- $107,500
62% below nat'l avg
- Median Rent
- $870
25% below nat'l avg
- Homeownership Rate
- 94.0%
43% above nat'l avg
- Affordability Index
- 188
88% above nat'l avg
- Violent Crime Rate
- 1.4 per 1K
61% below nat'l avg
- Property Crime Rate
- 0.9 per 1K
95% below nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 68.22
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 18.4¢/kWh
11% above nat'l avg
- Est. Monthly Electric
- $166
21% above nat'l avg
- Unemployment Rate
- 7.0%
89% above nat'l avg
- Poverty Rate
- 19.7%
59% above nat'l avg
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Cadillac
Cadillac Festival of the Arts
An annual arts festival featuring local artists and craftspeople.
Cadillac Winter Warriors
A winter sports festival that includes ice skating and other winter activities.
Cadillac Area YMCA Turkey Trot
A Thanksgiving Day run to benefit the local YMCA.
Cadillac Freedom Festival
A July 4th celebration with fireworks, music, and family activities.
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