Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
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.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Located in the state of Texas, El Lago is a smaller city with a population of 2,805 residents. In El Lago, there are 4,356 people per square mile, which is well above the national population density average. At 90%, the majority of the El Lago population is White; this is followed by 3% Black and 2% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in El Lago is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in El Lago could be a positive experience compared to other cities in Texas if you know where to look. 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 Lago, AreaVibes has created a livability score using key metrics like crime, cost of living, commute, housing and more.
The livability score in El Lago is 73/100 and the city is ranked in the 85th percentile of all cities across America. Based on the grades for each individual category, El Lago has been rewarded with high marks for crime (A+), cost of living (A), employment (A+) and housing (A+). There is at least one category that does not have great scores in El Lago. The following was graded with a concerning score: amenities (F).
The unemployment rate in El Lago has consistently declined over the years and currently stands well below the national average at 2.41%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 El Lago 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in El Lago is actually affordable. Median real estate prices in El Lago come in at $242,300, which is 69.8% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In El Lago, the home price to income ratio is 2.9, which is 11.5% higher than the Texas average.
| Statistic | El Lago | Texas | National |
| Average one way commute | 26min | 26min | 26min |
| Workers who drive to work | 78.1% | 80.3% | 76.4% |
| Workers who carpool | 10.2% | 10.6% | 9.3% |
| Workers who take public transit | 1.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.3% | 1.6% | 2.8% |
| Working from home | 8.0% | 4.3% | 4.6% |
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