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.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
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.
Exeter is a small city located in the state of Pennsylvania. The city has a population of 5,540 residents. According to the most recent Census, 99% of Exeter residents are White, 0% Black and 0% Asian. In Exeter, there seems to be a shift in population towards an older age group. The average age of the population is now 51, which is significantly higher than the nation’s average. If you prefer shorter commutes, living in Exeter will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the city before actually living in Exeter, Pennsylvania. 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. Using the livability score which includes data from categories like commute, health & safety, education, employment, housing, you can easily compare the best places to live in Exeter and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Exeter to Pennsylvania and the national average.
Using data and statistics Exeter has received a livability score of 72/100. This score is ranked in the 83rd percentile when compared to all other cities. If we dig a little deeper into each category within the livability score, we see that Exeter has higher than average rankings for the following: cost of living (A+) and housing (B). There are some categories that Exeter scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
The unemployment rate in Exeter has consistently declined over the years and currently stands well below the national average at 2.17%. 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Exeter 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.
Assuming that Exeter 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 Exeter. Everything else becomes a lot less important if it turns out that home prices in Exeter are simply unattainable. The median home price for Exeter homes is $120,000, which is 28.4% lower than the Pennsylvania average. If we take a closer look at the affordability of homes in Exeter, we’ll see that the home price to income ratio is 2.2, which is 29% lower than the Pennsylvania average.
Statistic | Exeter | Pennsylvania | National |
Average one way commute | 21min | 26min | 26min |
Workers who drive to work | 83.6% | 76.5% | 76.4% |
Workers who carpool | 7.0% | 8.5% | 9.3% |
Workers who take public transit | 0.9% | 5.6% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 5.9% | 3.8% | 2.8% |
Working from home | 2.6% | 4.2% | 4.6% |