Is Alma a Good Place to Live?
Based on current data, Alma receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. Alma offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Alma is $67,500, 10% below the national average of $75,149. The unemployment rate of 5.3% is somewhat elevated compared to the national rate of 3.6%. 12.1% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Alma is $200,000, 29% below the national median — offering relatively affordable homeownership. Renters pay a median of $576 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.
Education
9.4% of residents hold a bachelor's degree, below the national average of 33.7%. 20.4% have completed high school.
Climate & Weather
Alma has a cool climate with an average annual temperature of 40°F. Winters average 6°F in January while summers reach 68°F in July. Annual precipitation totals 51.7 inches, including 84.4 inches of snow.