The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
El Dorado Springs is a smaller city located in the state of Missouri. The city has a population of 3,562 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, El Dorado Springs could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in El Dorado Springs. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in El Dorado Springs could be a positive experience compared to other cities in Missouri if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around El Dorado Springs, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, employment, housing and more.
El Dorado Springs, MO receives 60 out of 100 for its livability score; this results in a ranking of #435 in Missouri and #17,366 in the USA. Compared to the United States average, this area has a score which ranks among the lowest in the nation, and it is not considered a very livable city. If we dig down a little deeper into each category within the livability score, we see that El Dorado Springs has higher than average scores for the following: housing (A+). There are some categories that El Dorado Springs does not rank well for, including: amenities (F), crime (F), education (D) and employment (F). It might be worth taking a closer look to determine why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in El Dorado Springs is 24.58% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making El Dorado Springs a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
Finding affordable real estate and housing in El Dorado Springs can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
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 El Dorado Springs is real estate affordability. The median home price for El Dorado Springs homes is $73,500, which is 47.9% lower than the Missouri average. If we take a closer look at the affordability of homes in El Dorado Springs, we’ll see that the home price to income ratio is 2.5, which is 13.8% lower than the Missouri average.
Statistic | El Dorado Springs | Missouri | National |
Average one way commute | 20min | 23min | 26min |
Workers who drive to work | 83.9% | 81.6% | 76.4% |
Workers who carpool | 4.6% | 9.1% | 9.3% |
Workers who take public transit | 2.0% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 3.7% | 1.9% | 2.8% |
Working from home | 2.9% | 4.6% | 4.6% |