Dexter is a very small city located in the state of Michigan. With a population of 4,500 people and five constituent neighborhoods, Dexter is the 209th largest community in Michigan. Much of the housing stock in Dexter was built relatively recently. The construction of new real estate can often be taken as an indication that the local Dexter economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Dexter, where the median household income is $86,944.00.
Dexter real estate is some of the most expensive in Michigan, although Dexter house values don't compare to the most expensive real estate in the U.S.
Dexter is a decidedly white-collar city, with fully 86.86% of the workforce employed in white-collar jobs, well above the national average. Overall, Dexter is a city of professionals, managers, and service providers. There are especially a lot of people living in Dexter who work in management occupations (17.60%), office and administrative support (8.50%), and teaching (8.32%).
Also of interest is that Dexter has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.82% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Dexter is a great place for families with children to consider. First of all, many other families with children live here, making Dexter a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Dexter has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Dexter’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Dexter. 67.06% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Dexter in 2018 was $41,729, which is wealthy relative to Michigan and the nation. This equates to an annual income of $166,916 for a family of four. However, Dexter contains both very wealthy and poor people as well.
Dexter is a somewhat ethnically-diverse city. The people who call Dexter home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Dexter residents report their race to be White, followed by Asian. Important ancestries of people in Dexter include German, Irish, English, Italian, and Scottish.
The most common language spoken in Dexter is English. Other important languages spoken here include Spanish and Italian.