Auburn Hills, MI

Real Estate and Lifestyle Overview:

Auburn Hills, located in Southeast Michigan, offers a dynamic mix of urban and suburban living, characterized by a vibrant entertainment and outdoors-focused lifestyle. The city hosts multiple major corporations, including Fiat Chrysler Automobiles and BorgWarner, which promote significant employment opportunities. Auburn Hills also presents an array of entertainment options, such as the Palace of Auburn Hills, Great Lakes Crossing Outlets and several parks and outdoor spaces perfect for recreation (1).

Real Estate Market:

As of 2021, the median home price in Auburn Hills is approximately $224,425, witnessing an impressive year-over-year growth rate of 21.6% (2). Home listings stayed, on average, 24 days on the market, marking a highly competitive real estate landscape (2). 

Education Landscape:

Auburn Hills is primarily served by the Avondale School District and the Pontiac School District. Generally, the schools demonstrate adequate performance metrics with the proficiency rate in reading standing at 51% and in math at 47% (3). The city is home to Oakland University, offering diverse educational opportunities.

Crime Rate:

Auburn Hills records a crime rate of 25 per 1,000 residents, which compares favorably to the national median. The rate for violent crime is notably low at 1.91 per 1,000 residents, while property crime stands at 23.1 per 1,000 residents (4).

Population Growth:

The city boasts steady population growth, increasing by 5.8% over the past decade, leveraged by its thriving economy, strong job market, and family-friendly amenities. This growth positively impacts the local economy and boosts the housing market (5).

Employment/Career Opportunities:

Key industries in Auburn Hills include automotive, advanced manufacturing, and healthcare. Major employers include Fiat Chrysler Automobiles, BorgWarner, and Beaumont Health. The city offers a positive job outlook with its low unemployment rate of 3.1% (6).

Entertainment:

Auburn Hills excels in offering a variety of entertainment options. Key attractions include the SEA LIFE Michigan Aquarium, Hawk Woods Nature Center, and the Great Lakes Crossing Outlets, to name a few. The city also hosts numerous events and festivals, like the annual Summerfest (1).

Ideal Population and Lifestyle Profile:

With its robust job market, family-friendly amenities, recreational options, and serene residential neighborhoods, Auburn Hills is well-suited for families, young professionals, and active retirees. Outdoor enthusiasts will enjoy the city's parks, trails, and nature centers, while the cultural attractions cater to urban living seekers (1).

Footnotes:

(1) City of Auburn Hills Official Website

(2) Zillow, 2021

(3) Niche, 2021

(4) Neighborhood Scout, 2021

(5) US Census Bureau, 2020

(6) Bureau of Labor Statistics, 2021

Summary:

Auburn Hills, MI presents a thriving real estate market, marked by robust growth rates, and a wide array of lifestyle and entertainment options. The city hosts a family-friendly environment, fuelled by a strong job market, reputable schools, and a vibrant cultural scene. Given its urban-suburban blend, Auburn Hills is a perfect location for families, professionals, and outdoor enthusiasts seeking quality living. Its above-national-average safety ratings, coupled with rich recreational and entertainment offerings, attest to the city's allure. Current demographics and market trends indicate continued growth and prosperity for Auburn Hills.