The large city of Roseville in Southeast Michigan is located along the Detroit River. The town of professional sports shares its borders with Windsor and Ontario, Canada. The prosperous suburb was known as Erin Township until 1958. It was developed by William Rose in 1840 and was named after him.
According to current statistics, the population of Roseville is 47,637. The city has a population density of 4,848 per square mile. The average median age is 38.1 in Roseville, which is higher than the national median age of 37.4. The average number of people per household is 2.4 in Roseville while the national average is 2.6.
The demographic data illustrates that a large percentage of the city’s population, around 77.1%, comprises white citizens. The rest of the population is 14.2% black, 1.8 % Asians, and 2.7% Hispanic. The population percentage of Native Americans is only 0.7% in Roseville.
Climate in Roseville
Climate in Roseville is pleasant with 33 inches of annual rainfall while the US average rainfall is 39 inches per year. The city receives 31 inches of snowfall annually while the US receives 26 inches of snowfall per year.
There are more than 175 sunny days per year in Roseville, which is lower than the US average of 205 days. Summer temperature in Roseville goes up to 84 degrees in July while winter low is 19 degrees in January. Roseville’s comfort index is 48, while the US has an average comfort index of 54.
Roseville Township - Economy
The current statistics state that Roseville, Michigan has an unemployment rate of about 7.2%. It is comparatively higher than the average rate in the US, which is 5.2%. Average household income is $40,646 in the town. There has been a significant growth in the city’s job market.
The city has increased its employment rate by 1.8% over the past year. According to current job market statistics, 36.8 % is the predicted future job growth rate in the coming ten years. This growth rate is lower than the average national rate of 38.0%.
That means this large city has a blossoming job market, making it an ideal place to settle down. The average income of a resident in Roseville is $20,611.
Housing Cost in Roseville Township
The average housing cost is $89,300 in Roseville. The home appreciation has been -5.7 % during the last decade. The average rate of home appreciation is 16.3% in Roseville.
8.3% of apartment and houses in Roseville are unoccupied. 32% of the population in Roseville comprises renters. That indicates the suitability of this beautiful city in terms of rental housing. We work with an efficient team of real estate agents who can make both renting and purchasing commercial spaces a hassle-free process for you.
Office buildings cover 745,534 square feet in Roseville. Currently, there are no under construction areas in the city. Our real estate agents have well researched prospects when it comes to commercial places. Whether you are looking for investment properties or multi-family space, they have options with relevance to specific property type.
Our estate managers can present and offer you services, according to your needs so you can expand your business successfully.
In Roseville, industrial buildings occupy an area of about 7,142,764 square feet. There are no under construction areas. With its large industrial areas, Roseville makes a good option to establish your business.
Our experts have all the necessary information about industrial land in Roseville to help you find the desired land the best possible way.
Commuting in Roseville
Commute time in the US has significantly increased over the past few years. One-way commute time in the Roseville is 25 minutes. It is shorter than the US average time of 26 minutes. 82% of Roseville residents drive their own vehicles while 2% work as freelancers.
We have the Right Prospect and knowledge to Help You
Our real estate agents deal with a number of diverse commercial real estate marketing concerns. That is what adds to our experience when it comes to guiding our clients professionally. Our experts have the right knowledge of commercial properties, offices and industrial places in Roseville and they can help you find the most suitable place for your growing business needs.