The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
AreaVibes conducted surveys and polls with locals who live in the area. The results were not favorable for walkability of amenities, parks, public transit and the overall sense of community in the area.
Located in the state of Kentucky, Beaver Dam is a small-sized city with a population of 3,566 residents. At 96%, the majority of the Beaver Dam population is White; this is followed by 0% Black and 0% Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Beaver Dam, your commute times will be about average, with a one way commute time of 23 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Beaver Dam, Kentucky could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Beaver Dam and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.
The livability score in Beaver Dam is 65/100 and the city is ranked in the 64th percentile of all cities across America. For each of the livability categories, we see that Beaver Dam ranks very well for crime (A+) and housing (A+). There are some categories that Beaver Dam scores poorly for, including: amenities (F), education (D) and employment (D). It might be worth taking a closer look to figure out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Beaver Dam has a violent crime rate of 28 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Beaver Dam, the unemployment rate stands at 2.41%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Beaver Dam market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Beaver Dam is real estate affordability. Median real estate prices in Beaver Dam come in at $104,300, which is 17.3% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Beaver Dam, the home price to income ratio is 2.3, which is 17.9% lower than the Kentucky average.
Statistic | Beaver Dam | Kentucky | National |
Average one way commute | 23min | 23min | 26min |
Workers who drive to work | 88.4% | 82.2% | 76.4% |
Workers who carpool | 1.7% | 9.7% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 4.7% | 2.4% | 2.8% |
Working from home | 5.1% | 3.3% | 4.6% |