Hematite, MI is a small town in the United States with a population of approximately 500 people. Despite its small size, it ranks highly in various categories according to the BestPlaces website. The town is ranked number 5 out of all cities and towns in Michigan for its low cost of living. It also ranks number 18 for its housing affordability and number 7 for its income per capita. In addition, Hematite holds a high rank of 33 out of all cities and towns in Michigan for its public school ratings. As such, Hematite has become an increasingly attractive option for those looking to relocate or invest in the area due to its favorable rankings across many categories.
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