Quick facts: Croswell, MI

Quick Facts

94.9
Cost of Living
below US average
2,317
Population
16.83
Crime Rate per 1000
below US average
$55,732
Median Income
below US average
$37,000
Median House Price
above US average
$900.0
Average Rent
below US average
9%
Poverty Rate
below US average
4.2%
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 $55,732.

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Income Needed to Buy

βœ“ Affordable
$12k/year
Based on $37,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,732) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$39k/year
Based on $900.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($55,732) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Croswell, MI

Croswell, Michigan, is a charming small city located in the eastern part of the state, within Sanilac County. Known for its picturesque landscapes and small-town atmosphere, Croswell is home to around 2,000 residents. It offers a quiet lifestyle surrounded by nature, with easy access to nearby lakes and parks for outdoor activities such as fishing, boating, and hiking. Croswell hosts various community events and festivals, reflecting its close-knit community spirit. The town also features local shops, eateries, and businesses, contributing to the region’s economy. The historic downtown area showcases unique architecture and is a hub for local gatherings. Education in Croswell is provided by the Croswell-Lexington School District, which serves the area with strong programs and resources for students. Additionally, the nearby Lake Huron coastline offers recreational opportunities and beautiful scenery. Overall, Croswell is an ideal location for those seeking a peaceful, rural lifestyle with a sense of community, while still being close to urban amenities in larger cities like Port Huron and Flint.

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