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.
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.
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.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Located in the state of Texas, Fabens is a small city with a population of 4,462 people. More than a quarter of the residents of Fabens identify themselves as Hispanic or Latino, and 84% of the population speak Spanish as their primary or secondary language.
Living in Fabens can be a good experience for anyone relocating 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. With useful information like amenities, crime, housing and other key data points, finding the best places to live in Fabens and in the areas around Fabens is a much easier task.
Fabens has a livability score of 51/100 and is ranked #1,465 in Texas and #24,876 in the USA. This is a lower than the US average livability score as Fabens does not rank well for most categories. If we check out each of the categories on their own, we see that Fabens ranks well for housing (B-). On a more negative note, Fabens does not have favorable grades for the following: amenities (F), crime (F), education (F) and employment (F). If we take a look at the data, we can find out why.
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Fabens, the cost of living is 20.51% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Fabens stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
When contemplating a move, job prospects often top the list of priorities. In Fabens, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.28% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic 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 Fabens 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Fabens. 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 Fabens are affordable. Median real estate prices in Fabens come in at $61,700, which is 56.8% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Fabens, the home price to income ratio is 2.1, which is 19.2% lower than the Texas average.
Statistic | Fabens | Texas | National |
Average one way commute | 22min | 26min | 26min |
Workers who drive to work | 78.8% | 80.3% | 76.4% |
Workers who carpool | 8.9% | 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 | 0.9% | 1.6% | 2.8% |
Working from home | 3.2% | 4.3% | 4.6% |