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.
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 Kentucky, Flatwoods is a small city with a population of 7,143 people. The majority of Flatwoods residents report their race to be White; this is followed by Black and Asian. Not a fan of sitting in traffic during your commute to work? Flatwoods offers shorter work commutes, with an average one-way commute time taking only 21 minutes, far lower than the national average of 26 minutes.
Living in Flatwoods can be a good experience for anyone relocating to the city. Having said that, in the state of Kentucky, 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. Finding the best places to live in Flatwoods and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, employment, housing and other important metrics.
Flatwoods, KY receives 70 out of 100 for its livability score; this results in a ranking of #121 in Kentucky and #5,940 in the USA. There are nine total categories that create the livability score. Flatwoods ranks well for crime (A+), education (B-) and housing (A-) On a less positive note, Flatwoods does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Flatwoods has a violent crime rate of 69 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Flatwoods has an unemployment rate of 2.31% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Standardized school test scores offer a valuable benchmark for assessing the quality of educational programs, instructional methods, and curriculum effectiveness. Recognizing that Flatwoods schools excel in test scores is a crucial consideration when determining the suitability of this area for residence. The local schools boast an impressive average test score of 67%, significantly higher than the national average. This stellar academic performance not only attests to the excellence of the educational system but also underscores the area's commitment to providing a high-quality education, making Flatwoods an appealing choice for those prioritizing their children's educational prospects.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Flatwoods apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
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 Flatwoods is real estate affordability. Median real estate prices in Flatwoods come in at $96,500, which is 23.5% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Flatwoods, the home price to income ratio is 1.8, which is 35.7% lower than the Kentucky average.
| Statistic | Flatwoods | Kentucky | National |
| Average one way commute | 21min | 23min | 26min |
| Workers who drive to work | 91.5% | 82.2% | 76.4% |
| Workers who carpool | 6.2% | 9.7% | 9.3% |
| Workers who take public transit | 0.3% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.3% | 2.4% | 2.8% |
| Working from home | 1.5% | 3.3% | 4.6% |
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