Why Michigan? Well for starters, Michigan is the center of the U.S automotive industry, home of the three largest automobile companies. In recent years, Michigan has led the nation in job creation improvement which has led to significant economic growth, outpacing the national average and continuously improving in regards to unemployment rates. In real estate, the median sales price of a foreclosure home is $54,000, or 57% LOWER than non-distressed home sales. As an investor, this leads to higher equity.
GEOGRAPHY AND DEMOGRAPHICS: Often called the “Heart of the Downriver”, Wyandotte, Michigan is located approximately 11 miles south of Detroit and hosts a population of 25,883 as of the 2010 census. Bordering Wyandotte are Southgate (west), Lincoln Park (northwest), Riverview (south), Ecorse (north) and Lasalle (east). The racial makeup of the city based on the same census is 94.7% White, 1.3% African American, 0.7% Native American, 0.5% Asian, 0.9% from other races, and 1.9% from two or more races. Hispanic or Latino of any race made up 5.1% of the population.
INDUSTRIES AND EMPLOYMENT: Based on Data USA, Wyandotte residents have a median income surpassing that of Michigan as a state and has a predicted future job growth rate of around 37%. Wyandotte has a multitude of industries but its most common ones are Manufacturing, Healthcare, and Retail Trade, specializing prominently in the manufacturing scene.
PUBLIC TRANSPORTATION: Within Wyandotte, there are three Suburban Mobility Authority for Transportation (SMART) bus routes that provide service seven days a week.
GEOGRAPHY AND DEMOGRAPHICS: Located northwest of Wyandotte and part of the Downriver community, Lincoln Park holds a population of 38,144 per the 2010 census. A relatively small city, less than six miles in area, Lincoln Park also borders Detroit, Allen Park, Melvindale, Ecorse and Southgate with the Ecorse River running through the city. The racial makeup consists of 84.2% White, 5.9% African American, 0.7% Native American, 0.5% Asian, 5.4% from other races, and 3.2% from two or more races. Hispanic or Latino of any race made up 14.9% of the population.
INDUSTRIES AND EMPLOYMENT: Bordering the likes of Detroit and Wyandotte, this small city has opportunities in several sectors, such as Manufacturing, Automobile and Transportation, Healthcare and Warehousing.
PUBLIC TRANSPORTATION: Similar to Wyandotte, the SMART bus system also runs through Lincoln Park.