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Michelago, Australia
Full City Profile
3.5
/5.0
B+
Good
536
Population
6/sq mi density
2,293 ft
Elevation
699 meters
53°F
Avg Temperature
11°C
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$42,656 median income, 3.0% unemployment
B+
Affordability
3.7 / 5.0
$225,400 home value, $1,127/mo rent
Housing Overview
Median Home Value
$225,400
20% below
US avg: $281,900
Median Rent
$1,127/mo
3% below
US avg: $1,163/mo
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
214
Ownership vs. Renting
88.5%
Owner-Occupied
11.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $225,400 |
Rent
| Census Median Rent | $1,127 |
Market
Ownership & Stock
| Owner-Occupied | 88.5% |
| Renter-Occupied | 11.5% |
| Homeownership Rate | 88.5% |
| Total Housing Units | 214 |