$475,000
- 4 Baths
- 2,158 Sq Ft
517 S Oak St, Traverse City, MI 49684
Sarah Bailey Coldwell Banker Schmidt Traverse City
Frequently Asked Questions
Is Central a good place to live?
Central is a good place to live. Central is considered somewhat walkable and very bikeable with some transit options. Central is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Central has 3 parks for recreational activities. It is somewhat dense in population with 7.8 people per acre and a median age of 47. The average household income is $84,554 which is below the national average. College graduates make up 46.4% of residents. A majority of residents in Central are home owners, with 38.4% of residents renting and 61.6% of residents owning their home. A local real estate agent serving Central can help you decide if this neighborhood is the right one for you. Learn more on our Central neighborhood guide.
Is Central, MI a safe neighborhood?
Central, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Central?
The median home price in Central is $550,000. If you put a 20% down payment of $110,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $116K a year to afford the median home price in Central. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Central is $85K.
What are the best public schools in Central?
The best public schools that serve Central are:
- Central High School has an A- Niche grade, a student teacher ratio of 23:1 and an average review score of 3.8.
- Central Grade School has an A- Niche grade and a student teacher ratio of 17:1.
- Willow Hill Elementary School has an A- Niche grade and a student teacher ratio of 21:1.
What are the best private schools in Central?
The best private schools that serve Central are:
- St. Francis High School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 4.3.
- Trinity Lutheran School has a student teacher ratio of 11:1.
- Immaculate Conception Elementary has a student teacher ratio of 42:1.
What are the most popular zip codes in Central, Traverse City, MI?
What are the most popular neighborhoods near Central, Traverse City, MI?
The most popular neighborhoods near Central, Traverse City, MI are Downtown Traverse City, Slabtown, South Traverse City, Kids Creek and Boardman.
Are home prices dropping in Central?
Yes, home prices in Central are down 4% in the last 12 months.
