A picture of the city of Detroit

Detroit

About Detroit, Michigan

Welcome to Detroit, known as the Motor City and the birthplace of the American automotive industry. Detroit boasts a rich musical heritage, being the cradle of Motown Records, and has a vibrant arts and cultural scene. The city is undergoing a dynamic transformation, revitalizing its downtown and neighborhoods with new developments and community projects. Detroit offers a diverse array of experiences, from its renowned museums and art galleries to its lively food scene and sports traditions. Residents of Detroit are part of a resilient community, contributing to the city's revival and growth, all while enjoying a cost of living that is more affordable than many other major cities.

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Average Home Prices in Detroit

The average home price in Detroit, MI, stands at approximately $68,379.

Based on calculations of home data from MLS and/or public records.

Michigan Veteran Housing and Financial Benefits

  • Michigan State Veterans Homes
    Michigan offers three veterans homes in Chesterfield Township, Grand Rapids, and Marquette, available to veterans with various eligibility criteria, including service duration and health status. Accommodations may extend to spouses or surviving spouses based on availability, with fees adjusted according to income.
  • Property Tax Waiver
    Veterans who are permanently and totally disabled due to service-connected reasons are eligible for a property tax exemption on their primary residence in Michigan. This benefit extends to unremarried surviving spouses and the surviving spouses of service members who died in the line of duty.
  • Income Tax Benefits
    Michigan provides tax exemptions on active-duty, retired military pay, and SBP payments, with specific exclusions based on the amount of military pay. Additional pension tax exclusion benefits are available for seniors and disabled veterans.
  • Vehicle Registration
    Veterans with a 100% permanent and total disability rating may be eligible for a fee waiver on the registration of one vehicle with a disabled veteran plate.
  • Emergency Assistance
    Michigan offers emergency financial assistance to veterans facing temporary monetary challenges, aiding with various expenses like utility bills, home or vehicle repairs, and medical bills.
  • State Employment Veterans Preference
    Veterans receive preference in Michigan state employment, with additional points on selection tests, enhancing their opportunities for state jobs.
  • Education Benefits
    The Michigan Children of Veterans Tuition Grant provides tuition assistance for children and spouses of deceased or disabled veterans, supporting their educational endeavors.
  • Recreation Benefits
    Eligible veterans benefit from free hunting and fishing licenses, discounted state park admissions, and specific tax exemptions on recreational purchases, fostering their engagement in outdoor activities.
  • Veterans' Burial Expenses
    Michigan provides burial assistance for eligible veterans and certain family members, ensuring dignified services and acknowledging their service and sacrifice.
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Detroit Neighborhoods and Surrounding Areas

Detroit is a city of diverse neighborhoods, each offering its own unique character and charm. From historic communities to areas undergoing revitalization, here's a closer look at 25 notable neighborhoods in Detroit:

  • Midtown: A hub for arts, culture, and education, featuring a mix of residential options, galleries, and eateries.
  • Downtown: The bustling city center with high-rise apartments, office buildings, and a range of entertainment options.
  • Corktown: Detroit's oldest neighborhood, known for its vibrant dining scene and historic homes.
  • Indian Village: A historic district with grand homes, reflecting Detroit's early 20th-century prosperity.
  • West Village: Offers charming homes, trendy cafes, and a close-knit community feel.
  • Brush Park: Undergoing revitalization, this area blends Victorian-era mansions with modern residential developments.
  • Woodbridge: Features historic homes and an artsy, eclectic vibe, popular with students and young professionals.
  • Greektown: Known for its nightlife, casinos, and Greek restaurants, offering a lively atmosphere.
  • Rosedale Park: A well-maintained residential area with beautiful parks and community-focused living.
  • East English Village: Characterized by its stable, well-kept homes and active neighborhood association.
  • Palmer Woods: An affluent neighborhood with large, luxurious homes and a serene setting.
  • Sherwood Forest: Features well-preserved homes with unique architectural details, nestled among tree-lined streets.
  • Boston-Edison: One of Detroit's most notable historic neighborhoods, with large homes and rich history.
  • Belle Isle: A unique neighborhood centered around a park and recreation area on an island in the Detroit River.
  • Mexicantown: A vibrant community known for its authentic Mexican cuisine, colorful markets, and cultural festivals.
  • Lafayette Park: A model of urban renewal, featuring modernist residential buildings and green spaces.
  • New Center: A commercial and residential district with historic architecture, including the Fisher Building.
  • Hubbard Farms: A historic neighborhood with a strong sense of community and beautiful homes.
  • Jefferson-Chalmers: Known for its waterfront parks and historic business district.
  • Southwest Detroit: A diverse area with a strong sense of community, known for its Hispanic culture.
  • University District: An upscale area with stately homes, close to the University of Detroit Mercy.
  • Bagley: A neighborhood with a mix of residential homes and commercial areas, popular among families.
  • Poletown East: An area known for its rich history and cultural significance, currently experiencing changes due to new developments.
  • North End: Features a mix of historic homes and new construction, with a vibrant arts scene.
  • Islandview: Known for its proximity to Belle Isle and historic churches, offering a mix of housing options.

Military in Detroit

  • Community Support: Detroit has a strong tradition of supporting its military community, offering various services and programs tailored to veterans and active-duty members.
  • Selfridge Air National Guard Base: While not located within Detroit, this nearby base has a significant impact on the area, providing jobs and resources for military families.
  • Veterans Services: The city offers access to numerous veterans' services organizations and facilities, providing support and assistance for those who have served.
  • Military Events and Memorials: Detroit hosts several events and has numerous memorials dedicated to honoring the service and sacrifice of military personnel.
  • Resource Centers: Various resource centers and community organizations in Detroit offer support, counseling, and assistance programs specifically geared towards veterans.

Local Universities in Detroit

Detroit is home to several higher education institutions that offer a wide range of programs for students and contribute to the city's vibrant academic atmosphere:

  • Wayne State University: A nationally recognized research university offering numerous undergraduate and graduate programs.
  • University of Detroit Mercy: A well-established private university with strong programs in law, business, and health professions.
  • College for Creative Studies: Specializes in arts and design education, reflecting Detroit's rich artistic heritage.

VA Home Loans in Detroit with MHS Lending

MHS Lending is committed to assisting Detroit's veterans in navigating the home buying process with VA home loans. Specializing in these loans, MHS Lending offers personalized support and expert guidance to ensure veterans can maximize their benefits and find suitable housing in Detroit's diverse neighborhoods.

Benefits of working with MHS Lending in Detroit include:

  • Expertise in Detroit's Market: Deep knowledge of the local real estate market helps veterans make informed decisions when selecting a home.
  • VA Loan Specialization: Focused guidance on utilizing VA loan benefits, streamlining the home buying process for veterans.
  • Personalized Service: Dedicated support tailored to the unique needs of veteran homebuyers, ensuring a smooth and successful purchase experience.

Discover how MHS Lending can support your home buying journey in Detroit with VA home loans. Start exploring your options in this dynamic city today. Get Started Now.

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