There really is no place like home. But, for most people, home may become a stagnant, boring place after many years. In times of economic difficulties, it is tempting to consider moving to another city for a better job, more family entertainment venues, and a finer lifestyle overall. The cities on this list are paragons of development and growth. They have been crucial to economic rebuilding after the Great Recession, and they offer lots of potential new jobs.
Most importantly, these areas are also interesting places to live in. These 16 cities show that a rebirth is an American ideal, both for people as well as cities.
16. Detroit, Michigan
Do not think of Detroit as the country’s worst slum. Instead, imagine Detroit for its possibilities. This is what the Millennial generation is doing, according to a recent YPulse survey. A higher than average unemployment rate, according to the U.S. Census Bureau, keeps the cost of living down.
In fact, according to Zillow, the average value of a home in Detroit is only $41,200, up 4.8 percent since last year. But, enterprising homebuyers may be able to find and purchase a house for much cheaper. Current listings reflect an average home price of $9.900, while recently sold homes earned a much-higher $30,735. Rent is also comparatively reasonable, at around $725 a month. That appeals to the younger generations, full of people trying to make their way despite crushing student loan debt and difficult jobs reports.
Detroit is known as one of the oldest cities in the Midwest, founded in 1701 by French soldiers and settlers, according to History Detroit. The old town was the site of many important historical events, including the War of 1812 and the Underground Railroad.
With a population of about 700,000, according to the U.S. Census Bureau, Detroit is definitely not a small city. The population of the larger Detroit metropolitan area numbers around 4.2 million, the 12th largest in the country. The city’s recent history as a place for the downtrodden gives it a nearly blank slate. And, young people are moving there in droves, seeking new opportunities.
Detroit is becoming known as a good place to start a small business, and also as a hub for the arts in the Northern Midwest. A 25 percent drop in population since the turn of the century means that there are a lot of growth opportunities in the Detroit metropolitan area, ready for the taking.