Where homes are affordable - Sterling Heights, MI (5) - Money Magazine

Where homes are affordable

Residents who live in these 25 growing towns see their incomes go the furthest.

5 of 25
BACKNEXT
5. Sterling Heights, MI
Sterling Heights, MI
Median home price: $137,850
Median family income (per year): $90,322

The city motto of Sterling Heights is "To Strive on Behalf of All," and the community-oriented mantra makes for a family-focused, safe city.

The suburb of Detroit offers a lot for your buck, but with two of the three major U.S. automakers in bankruptcy, the region is up against a challenge on the employment front.

However, Sterling Heights continues to benefit from its proximity to a slew of higher education centers including University of Michigan, University of Detroit Mercy, Eastern Michigan, Oakland University and Michigan State University, among others.--C.C. 

See complete data and interactive map for Sterling Heights

NEXT: Deer Park, TX

Last updated July 14 2009: 5:38 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Best Places to Live
Full list: Top 100
Full list: Top 100
Great jobs, good schools, affordable housing, low crime - America's best small towns have that and much more. More
6-figure towns
6-figure towns
Holmdel, N.J., residents pull in more than $159,000 a year. Which other places have high incomes? More
Rich and single
Rich and single
Seeking a sugar daddy (or mama)? Follow the money to these affluent towns, where singles are abundant. More
Special Offer
Contact Us Closed Captioning Manage Cookies+ Site Map

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.