B

Skandia, MI

Source:

Affordability Score: 72/100

Population: 1,897 · 1 ZIP codes

The affordability dashboard for Skandia, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,897 residents, then layers in county-level federal data to produce an overall grade of B (72/100). The headline inputs are median household income of $81,172, median home value of $241,200, median rent of $1,075 per month, and 42.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,137 per month (studio $784, 1BR $973, 3BR $1,363, 4BR $1,665). Department of Labor data lists infant center-based childcare at $7,417 per year, consuming 9% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Skandia, MI include education, rent, childcare. Unemployment currently reads 5.1% and poverty 8.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B-
$81,172
Median household income
Education B+
42.3%
Bachelor's degree or higher
Housing B-
3.0x
Home value $241,200 vs income
Commute C
24 min
Average commute time
Rent A
$1,137/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$7,417/yr
Center-based infant care (9% of income)

Income & Employment

Median Income
$81,172
▲ 31% vs national
Per Capita Income
$38,612
Unemployment Rate
5.1%
Poverty Rate
8.5%

Housing

Median Home Value
$241,200
▼ 12% vs national
Median Rent
$1,075/mo
Owner Occupied
96.6%
2BR Fair Market Rent
$1,137/mo
▼ 5% vs national

Fair Market Rents by Bedroom

Studio
$784
1BR
$973
2BR
$1,137
3BR
$1,363
4BR
$1,665

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
42.3%
▲ 12 ppt vs national
High School+
66.0%
Median Age
42.7
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$7,417/yr
9% of income
Toddler (Center)
$7,530/yr
Preschool (Center)
$7,530/yr
School-Age (Center)
$7,259/yr

What This Means

Skandia, MI receives an overall affordability grade of B (72/100), aggregated from 1 ZIP codes with a total population of 1,897. This area performs well in education and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Skandia ZIP Codes
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What are common questions about this dashboard?

Is Skandia, MI affordable?
Skandia, MI receives an overall affordability grade of B (72/100) based on Census, HUD, FBI, and DOL data. Median household income is $81,172. Median home value is $241,200.
What is the cost of living in Skandia?
Key cost metrics: Median rent $1,075/mo. 2BR fair market rent $1,137/mo. Infant childcare $7,417/yr. Median home value $241,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →