What is the median home price in Coldwater?

The median home price in Coldwater, Coldwater city, Michigan is $111,900, which is 60% below the national average of 281,900 ($281,900).

Coldwater, Coldwater city, Michigan has a violent crime rate of 1.1 per 1,000 residents, which is 69% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.7 per 1,000 residents.

What is the Walk Score for Coldwater?

Coldwater, Coldwater city, Michigan has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 25/100.

What is the median household income in Coldwater?

The median household income in Coldwater, Coldwater city, Michigan is $48,531, which is 35% below the national average of 74,580 ($74,580).

What is the average rent in Coldwater?

The median rent in Coldwater, Coldwater city, Michigan is $870 per month. The national average median rent is $1,163/month.

What is the air quality in Coldwater?

Coldwater, Coldwater city, Michigan has an Air Quality Index (AQI) of 41, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Coldwater?

The population of Coldwater, Coldwater city, Michigan is approximately 13,704. The homeownership rate is 94.0% (national average: 65.9%).

What are the climate risks in Coldwater?

Coldwater, Coldwater city, Michigan has an overall climate risk rating of "Relatively Moderate" with a risk score of 68.22. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Coldwater affordable?

Coldwater, Coldwater city, Michigan has an affordability index of 188, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 18.4¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Coldwater?

The unemployment rate in Coldwater, Coldwater city, Michigan is 3.8%. The national average unemployment rate is 3.7%. The poverty rate is 21.7% (national average: 12.4%).

Coldwater

Coldwater city, Michigan

Affordable

About Coldwater

Looking for a slice of Americana with a refreshingly affordable price tag? Coldwater, Michigan, offers just that, nestled in the heart of the Wolverine State. With a population of just over 13,700, this charming community presents a lifestyle that prioritizes community and ease. Imagine owning a home for a median value of around $111,900 – a stark contrast to the national average. This affordability extends to everyday living, making Coldwater an attractive option for those seeking a slower pace and a lower cost of living. You'll find a welcoming atmosphere and a strong sense of local pride, all without breaking the bank.

From an investment perspective, Coldwater's housing market is a compelling proposition. While the median household income hovers around $48,531, the cost of entry into the housing market is significantly lower than the national average, making homeownership a realistic goal for many. The city offers a good quality of life, with low crime rates and a strong sense of community. Coldwater is ideal for first-time homebuyers, young families, and those looking to downsize and simplify. With its blend of affordability, safety, and a welcoming community, Coldwater presents a solid investment in both real estate and quality of life.

Coldwater, Michigan at a Glance

Coldwater is a city in Coldwater city, Michigan with a population of approximately 13,704. The median home value is $111,900 and the median household income is $48,531. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.1 per 1,000 residents, which is 69% 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.