Cost Of Living
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.
Housing
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.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
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.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Schools
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.
Biscoe is a small-sized city located in the state of North Carolina. The city has a population of 2,722 people. More than a quarter of the residents of Biscoe identify themselves as Hispanic or Latino, and 36% of the population speak Spanish as their primary or secondary language. Biscoe could be a great place for young adults and students as the average age of 25 years old is below the nation’s average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Biscoe, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Biscoe, North Carolina. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Biscoe and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the North Carolina and national averages.
The livability score in Biscoe is 63 out of 100 and the city is ranked in the 55th percentile of all cities across America. For each of the livability categories, we know that Biscoe ranks very well for housing (A+). On a more negative note, Biscoe does not have favorable ranks for the following: amenities (F), crime (F) and education (D-). If we take a look at the data, we can find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Biscoe, residents are privileged to experience a cost of living that stands 20.35% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Biscoe an attractive destination for individuals seeking financial prudence without compromising their quality of life.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Biscoe, the unemployment rate stands at 0.71%, 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 Biscoe 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.
Assuming that Biscoe meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Biscoe. Everything else becomes a lot less important if it turns out that home prices in Biscoe are simply unattainable. Median real estate prices in Biscoe come in at $107,700, which is 31.4% lower than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Biscoe, the home price to income ratio is 2.4, which is 27.3% lower than the North Carolina average.
| Statistic | Biscoe | North Carolina | National |
| Average one way commute | 24min | 24min | 26min |
| Workers who drive to work | 81.9% | 81.1% | 76.4% |
| Workers who carpool | 15.6% | 9.8% | 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 | 1.5% | 1.8% | 2.8% |
| Working from home | 0.0% | 4.8% | 4.6% |
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