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.
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 high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
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.
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
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.
Breckenridge is a smaller city located in the state of Texas. The city has a population of 5,435 inhabitants. If we look at the most recent Census, Breckenridge is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of Breckenridge are of Hispanic or Latino origin, and 21% of the population also speak Spanish. If you prefer shorter commutes, living in Breckenridge will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Breckenridge can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Texas, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Breckenridge, AreaVibes has created a livability score using key metrics like amenities, cost of living, health & safety, employment, housing and more.
The livability score in Breckenridge is 65/100 and the city is ranked in the 62nd percentile of all cities across America. There are nine total categories that create the livability score. Breckenridge ranks well for housing (B) There are some categories that Breckenridge does not rank well for, including: amenities (F), education (D-) and employment (F). It might be worth taking a closer look to 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 Breckenridge, residents are privileged to experience a cost of living that stands 22.05% 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 Breckenridge an attractive destination for individuals seeking financial prudence without compromising their quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Breckenridge has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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 Breckenridge is real estate affordability. The median home price for Breckenridge homes is $65,700, which is 54% lower than the Texas average. If we take a closer look at the affordability of homes in Breckenridge, we’ll see that the home price to income ratio is 1.7, which is 34.6% lower than the Texas average.
Statistic | Breckenridge | Texas | National |
Average one way commute | 19min | 26min | 26min |
Workers who drive to work | 74.8% | 80.3% | 76.4% |
Workers who carpool | 13.4% | 10.6% | 9.3% |
Workers who take public transit | 0.0% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 2.3% | 1.6% | 2.8% |
Working from home | 4.2% | 4.3% | 4.6% |