Portage residents enjoy affordable housing with low taxes. According to Bloomberg Businessweek
, the City of Portage is one of the best-performing housing markets in the U.S.
Movoto, a real estate research blog, released a ranking of the ten top cities in Michigan based on its 50 most populous cities. According to their data, Portage ranks fourth based on the following desirable factors:
- Cost of Living
- Home values
View the full report at the Movoto website.
The City of Portage recognizes that great neighborhoods and affordable housing are the cornerstone of a healthy and vibrant community and foster a high quality of life for its residents.
- Over the past decade, the number of housing units in Portage grew by nearly 9%, compared to a 2% growth rate for Kalamazoo County.
- The median value of owner-occupied homes in Portage for 2010 was $156,600 compared to $145,900 for Kalamazoo County overall.
- The mixture of owner-occupied to renter-occupied housing has remained steady, and the condition of housing within the community remains healthy and stable.