Where homes are affordable

Residents who live in these 25 growing towns see their incomes go the furthest.

23 of 25
23. New Baltimore, MI
New Baltimore, MI
Median home price: $160,000
Median family income (per year): $93,952

Located on Anchor Bay of Lake St. Clair, New Baltimore is 30 minutes from downtown Detroit, home of the once-dominant U.S. auto industry. Lake St. Clair is locked by Michigan to the North and Canada to the South.

Historically, New Baltimore was a port city for manufactured and agricultural goods. But as ground transportation became a more dominant method of moving goods -- between 1860 and 1880 -- New Baltimore's waterfront became more commercial and entertainment oriented, offering an opera house, salt baths, saloons, and a brewery.

Today, the waterfront has a public park with beaches and a downtown area for shopping. Commuters get to and from New Baltimore on I-94, a major highway just to the north of the city.--C.C. 

See complete data and interactive map for New Baltimore

NEXT: Plainfield, IN

Last updated July 14 2009: 5:38 PM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Full list: Top 100 Great jobs, good schools, affordable housing, low crime - America's best small towns have that and much more. More
6-figure townsHolmdel, N.J., residents pull in more than $159,000 a year. Which other places have high incomes? More
Rich and single Seeking a sugar daddy (or mama)? Follow the money to these affluent towns, where singles are abundant. More
Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.