According to Nerdwallet.com, Livonia, Dearborn, Rochester Hills, Royal Oak, and Novi are cities with good job markets where your paycheck actually buys you something! That’s not as common as you’d think.
“…NerdWallet crunched the numbers to find the best places for job seekers in Michigan, and we did so by asking the following questions:
1. Is the city growing? We assessed growth in the working-age population, ages 16 and older, from 2009 to 2011 to ensure that the city was attracting workers and exhibiting a trend of upward population growth.
2. Can you afford to live in the city comfortably? We looked at a city’s median household income to see if workers made a good living. We also analyzed the monthly homeowner costs, including mortgage payments, to see if the city had a reasonable cost of living.
3. Are most people employed? We looked at the unemployment rate.”