Ann Arbor is the 6th largest city in the state of Michigan and home to the University of Michigan. The University of Michigan and it’s health system is the largest employer with around 30,000 total employees with nearly 12,000 in the medical center alone. High tech firms are also becoming important in Ann Arbor with large operations for Google and smaller firms such as Duo Security.
Ann Arbor gets its rather unusual name from it’s founders, both of whom were married to woman named Ann, and the stand of oak trees where it was founded. Ann Arbor consistently ranks high on lists for Best College Towns and Best Towns to Live in America. The city has also been voted as the most educated town in the United States, which a high percentage of residents having professional or graduate degrees.
Ann Arbor is also home to the world’s largest stadium for football, Michigan Stadium, known as The Big House. Seating 107,601 fans the stadium has a streak of 100,000 plus fans that goes back to October 25, 1975! Michigan Stadium has also recently hosted hockey and soccer games as well.
Popular neighborhoods such as Burns Park allow residents to live only steps from downtown. A vast system of public transportation makes commuting downtown and to campus possible from nearly any area of the city. Downtown features a year-round farmer’s market in the Kerrytown neighborhood. Dining downtown varies from traditional steakhouses, farm to table establishments and global cuisine.
Ann Arbor is a big time sports city there’s always something going on from football, basketball hockey and even gymnastics, the team that won the most recent national title at the University of Michigan. Michigan Stadium, known as The Big House, allows sports fans to watch football in the largest stadium in the United States.
The People of Ann Arbor, MI
Non-native NewbiesForeign-born individuals who just moved to U.S.A significant proportion of people who have moved to the U.S. from Puerto Rico, the U.S. Island Areas, or a foreign country. Wide age range. Some have a high school or college education, and they work in a variety of occupations.
Urban Power FamiliesHigh-income couples with children.Six-figure salaried couples with children who live an upscale life in a metro center. Highly educated professionals working in finance, medical, and high-tech fields.
Power SinglesHigh-income urban singles.Highly educated professionals, many with advanced degrees. They draw a handsome salary and have reasonable living expenses while living a hip, upscale life in an urban center.
College LifeStudents in higher education. These individuals are enrolled in college or graduate school.People in college or graduate school.
Multi-lingual UrbanitesUrban dwellers who speak more than one language.Some have a high school or college education, and they work in a variety of occupations. Moderate to upper-scale earning potential.
See more details for Ann Arbor, MI on Zillow
Urban Power Families
Sell your home with confidence using one of the top agents in the country.
January 23rd, 2020
The #1 Reason It Is Difficult to Find Your Dream Home
The #1 Reason It Is Difficult to Find Your Dream Home The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale in the lower price points. Boomers are staying in their current homes longer because there is a shortage of homes available for sale to which they would move. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale. You can’t buy your dream home if it isn’t availalble! What’s the major reason for this lack of housing inventory? The issue was examined in…
November 26th, 2019
The True Cost of Not Owning Your Home
The True Cost of Not Owning Your Home There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the American dream, and it’s true in many markets where renting has become really the shortsighted option…as people get more savings in their pockets, buying becomes the better option.” Why is owning a home financially better than renting? Here are the top 5 financial benefits of homeownership: Homeownership is a form of forced savings. Homeownership provides tax savings. Homeownership allows you to lock in your monthly housing cost. Buying a home is less expensive…
November 21st, 2019
3 Benefits to Owning a Home
Expert Advice: 3 Benefits to Owning a Home Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income “While it is certainly important to be properly diversified with your investments, it is even more important to be diversified with your income. This is because the largest financial risk for most of you is the loss of your primary source of income, which is typically in the form of a day job.” The article highlights how having multiple sources of income, such as those derived from real estate investments, can eventually lead…