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.
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Eldora is a small-sized city located in the state of Iowa. The city has a population of 2,620 inhabitants. According to the most recent Census, 91% of Eldora residents are White, 3% Black and 2% American Indian and Alaskan. If you're not a fan of traffic congestion and long commute times to work, Eldora is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Eldora could be a positive experience compared to other cities in Iowa 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. The best areas in Eldora and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Iowa and national averages.
Eldora, IA receives 76 out of 100 for its livability score; this results in a ranking of #142 in Iowa and #2,774 in the USA. This is a fantastic score, as Eldora ranks well in multiple categories! This city is also ranked in the top 10 percentile of all cities across the USA. Based on the scores for each individual category, Eldora has received high marks for crime (A+) and housing (A). On a more negative note, Eldora does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Eldora, residents are fortunate to experience a cost of living that is 24.14% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Eldora an attractive choice for those seeking financial prudence without compromising on quality of life.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Eldora, the unemployment rate stands at 1.21%, 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Eldora excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Eldora. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Eldora are affordable. The median home price for Eldora homes is $84,100, which is 36.7% lower than the Iowa average. If we take a closer look at the affordability of homes in Eldora, we’ll see that the home price to income ratio is 1.6, which is 33.3% lower than the Iowa average.
Statistic | Eldora | Iowa | National |
Average one way commute | 19min | 19min | 26min |
Workers who drive to work | 83.0% | 80.7% | 76.4% |
Workers who carpool | 8.7% | 8.6% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 3.8% | 3.5% | 2.8% |
Working from home | 2.7% | 4.5% | 4.6% |