What is the median home price in Utica?

The median home price in Utica, Utica city, Michigan is $199,600, which is 29% below the national average of 281,900 ($281,900).

Utica, Utica city, Michigan has a violent crime rate of 2.9 per 1,000 residents, which is 19% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.7 per 1,000 residents.

What is the median household income in Utica?

The median household income in Utica, Utica city, Michigan is $52,247, which is 30% below the national average of 74,580 ($74,580).

What is the average rent in Utica?

The median rent in Utica, Utica city, Michigan is $944 per month. The national average median rent is $1,163/month.

What is the population of Utica?

The population of Utica, Utica city, Michigan is approximately 5,195. The homeownership rate is 53.1% (national average: 65.9%).

What is the unemployment rate in Utica?

The unemployment rate in Utica, Utica city, Michigan is 4.2%. The national average unemployment rate is 3.7%. The poverty rate is 7.8% (national average: 12.4%).

Utica

Utica city, Michigan

Affordable

About Utica

Utica, Michigan, offers a refreshing contrast to the often-overwhelming reality of the national housing market. With a population just shy of 5,200, this charming town presents a genuinely attainable lifestyle. Imagine owning a home with a median value of around $199,600 – a far cry from the US median. This affordability allows residents to enjoy a comfortable existence, perhaps even freeing up resources for leisure and personal pursuits. The vibe here is friendly and relaxed, with a close-knit community feel that makes settling in a breeze.

From an investment perspective, Utica is a solid bet for those seeking a practical, value-driven market. While the median household income hovers around $52,247, the significantly lower housing costs mean your dollar stretches much further. This makes Utica an excellent option for young families, first-time homebuyers, or anyone looking to downsize without sacrificing quality of life. The town’s safety record is commendable, adding another layer of appeal. Utica is a place where you can build a life, not just buy a house.

Utica, Michigan at a Glance

Utica is a city in Utica city, Michigan with a population of approximately 5,195. The median home value is $199,600 and the median household income is $52,247.. The violent crime rate is 2.9 per 1,000 residents, which is 19% below the national average.. Median rent is $944 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.