Cost of Living,
Michigan City's Real Estate Market
Michigan City-La Porte Metro Area
Profile: Small-town complex Location: Extreme northern Indiana, at the Michigan border Elevation: 608 Time zone: Central Standard Time
|Nearby recreation||Economic cycles|
|Close to Chicago ||Harsh winters|
|Cost of living and housing ||Low educational attainment|
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It’s kind of hard to call any place in Indiana a “beach town,” but Michigan City probably comes the closest to earning this designation. Located right on Lake Michigan and almost adjacent to the Indiana Dunes National Seashore, the area picks up its share of tourist activity from Chicago and all over the Midwest in the late spring, summer and fall. Otherwise, both Michigan City and LaPorte have a strong industrial heritage, with an important but somewhat declining old-economy manufacturing base.
Michigan City in particular has the well-preserved markings of a typical Midwestern industrial melting-pot city. Downtown is clean and features a number of places of historic interest. There are some minor arts and culture amenities, including museums, theater and waterfront performances. Cost of living is low. Chicago, 60 miles to the west, is relatively close and can be reached by commuter rail services.
Northern Indiana is generally flat, and if anything, it gets flatter as you approach the Lake Michigan shore. The area sits on a glacial coastal plain, naturally treeless close to shore, transitioning to agricultural use with stands of deciduous forest moving south. The continental climate is pleasant in summer, but proximity to the lake causes high winter winds and substantial precipitation, while also moderating extreme cold. Cloudy days are common. First freeze is early October, last is early May.
Interesting Facts about Michigan_City, Indiana
As of 2014, Michigan City's population is 31,442 people. Since 2000, it has had a population growth of -2.42 percent.--------------------
The median home cost in Michigan City is $93,400. Home appreciation the last year has been 2.90 percent.--------------------
Compared to the rest of the country, Michigan City's cost of living is 18.70% Lower than the U.S. average.--------------------
Michigan City public schools spend $10,212 per student. The average school expenditure in the U.S. is $12,435. There are about 17.7 students per teacher in Michigan City.--------------------
The unemployment rate in Michigan City is 10.90 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Michigan City jobs have Increased by 2.63 percent.
Ranked #25 Emerging Metropolitan Areas
Ranked #314 Best Green Cities
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Average Commute time is 19 minutes. The National Average is 25 minutes.--------------------
Michigan City's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes