Cost of Living,
Leslie's Real Estate Market
Lansing-East Lansing Metro Area
Profile: Capital city/College town Location: Central Michigan along I-96 halfway between Detroit and Grand Rapids Elevation: 841 Time zone: Eastern Standard Time
|College town atmosphere||Economic cycles|
|Capital city amenities||Winter climate|
|Stable employers||Cloudy skies|
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Lansing is the state capital, and East Lansing is home to Michigan State University. Together the two places form the second most-populated area in Michigan, but individually, they are quite different. Downtown Lansing is plain and generally uninteresting; mainly anchored by the state government. A large GM assembly plant just west of town was recently replaced by a more modern plant farther out.
Area employment has three distinct bases: government, the university, and GM. While government and the university create a stabilizing influence, GM the rest of the industrial mix and economy have been anything but. The effects of GM’s downsizing and recent buyout programs on the area economy and demographics are still unfolding, but recent unemployment is high and home sales are very slow.
There are some interesting museums and other facilities typical of a capital city. Entertainment is provided by the popular and aptly named Lansing Lugnuts, and for most other entertainment activities, residents look east. East Lansing, the more attractive of the two cities, contains the usual college-town amenities, restaurants, and nightlife, and has a stronger employment base.
Areas west along a major strip are generally unattractive, while pleasant suburbs and small suburban towns surround the area north, east and south; Okemos east of East Lansing is one of the largest and more upscale examples and has a small base of high tech employment. Small towns like Williamston southeast and Owosso northeast offer an attractive small town lifestyle with access to city employment. The cost of living is very attractive for a capital city and college town, but the economy and the dreary central Michigan climate are issues to contend with.
Terrain is generally a mix of farmland and deciduous forest. The climate alternates between continental and semi-marine, based on the force and direction of the wind and storms. When there is little wind, the weather becomes continental with pronounced fluctuations in temperature. A strong lake wind may temper winter cold and summer heat, albeit with heightened wind chill factors in winter. Precipitation is evenly distributed throughout the year. Snowfall is moderate. There are twice as many cloudy days as clear ones year-round. First freeze is end of September, last is mid-May.
Interesting Facts about Leslie, Michigan
As of 2014, Leslie's population is 1,788 people. Since 2000, it has had a population growth of -10.87 percent.--------------------
The median home cost in Leslie is $102,500. Home appreciation the last year has been 1.60 percent.--------------------
Compared to the rest of the country, Leslie's cost of living is 13.40% Lower than the U.S. average.--------------------
Leslie public schools spend $12,802 per student. The average school expenditure in the U.S. is $12,435. There are about 17 students per teacher in Leslie.--------------------
The unemployment rate in Leslie is 6.10 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Leslie jobs have Increased by 2.82 percent.
Ranked #28 America's Migraine Hot Spots
Ranked #33 Best Green Cities
Ranked #33 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #162 2005 Best Places to Live
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Average Commute time is 26 minutes. The National Average is 25 minutes.--------------------
Leslie'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
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