Macomb Township is located in Detroit’s northern suburb within the Macomb County of the Michigan State. The city was named after the war veteran, Alexander Macomb. Initially the city was settled by Germans and still reflects the impact they had in certain areas.
The Legislative Council approved the township as an official state in 1834 which paved way for the city to become a modern commercial hub. Today the town boasts some of the best industrial buildings and commercial properties for sale or lease. The city has also become the ideal home ground for top real estate brokers from all over Michigan!
Macomb TWP - Population
Ranked as third most populated cities in Michigan, Macomb TWP is home to 86,973 people. The city is included in one of the fastest growing towns and comprises unique communities. As per the latest estimate by the U.S Census Bureau, Macomb TWP has witnessed an increase of approximately 5,779 residents in the last five years. That is the highest of any community in Michigan and 5 more compared to Grand Rapids in terms of growth.
The average median age is 38 in Macomb TWP, which is higher than the national median age of 37.4. Macomb TWP is entirely populated (98.4%) by white citizens and the rest are Blacks, Asians or Native Americans.
Macomb TWP - Economy
The current unemployment rate in Macomb TWP is 3.7%, which is significantly lower than the average rate in the U.S. Median household income in Macomb TWP is $84,391. The job market has grown by 1.8% over the last few years.
The predicted future growth rate is 39.8%, with an average resident income of $32, 631 a year; Macomb TWP has become a business hub for new settlers.
Housing Cost in Macomb TWP
Average median housing cost in Macomb TWP is $290,000. Over the last ten years, home appreciation rate in Macomb TWP has been 2.21 %. The city has an average home appreciation rate of 8.5%.
Approximately 2.0 % of properties are unoccupied in the city. As 6.9% of people in the city rent houses, it has a great scope if you are looking to rent a commercial place in the city. Our real estate agent can provide professional help to find you a suitable office space.
Macomb TWP has a total space of 50,903 square feet for office buildings. Plus, the city has 8,889 square feet under construction. If you are in search of an office building in Macomb TWP, our professional services are easy to access and also quick. Our real estate agents are responsive and explore all their avenues to accommodate a client’s needs.
In Macomb TWP, 3,655,308 square feet is covered by industrial buildings. The city has 170,552 square feet under construction area. That can be a good opportunity for your growing business as these industrial buildings can assist entrepreneurs in establishing their business.
Commuting in Macomb TWP
One -way commute in the city takes approximately 29 minutes, which is longer than the average commute time in the U.S. 80% people in Macomb TWP drive their own cars while 12% carpool. Only 4% of the people in the city work from home.
Our real estate agents have proper local listings of commercial properties in Macomb TWP to cater to the needs of businessmen and entrepreneurs alike.