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.
Fort Edward, New York is a small city with a population of 3,275 residents. The majority of Fort Edward residents report their race to be White; this is followed by Black and Asian. Fort Edward is not known to have a high population (over 15 years old) of married people. At only 49% married, this city falls well below the national average. If you prefer shorter commutes, living in Fort Edward will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Fort Edward could be a positive experience compared to other cities in New York if you know where to search. 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 Fort Edward and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
The livability score in Fort Edward is 71/100 and the city is ranked in the 81st percentile of all cities across America. If we examine each of the categories on their own, we see that Fort Edward ranks well for crime (B+), cost of living (B+) and housing (A). Fort Edward does not do well for the following: amenities (F) and employment (D-). It might be a smart idea to take a closer look at each category to find out why.
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 Fort Edward 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.
Assuming that Fort Edward 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 Fort Edward. Everything else becomes a lot less important if it turns out that home prices in Fort Edward are simply unattainable. Median real estate prices in Fort Edward come in at $113,400, which is 60.4% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Fort Edward, the home price to income ratio is 2.2, which is 53.2% lower than the New York average.
Statistic | Fort Edward | New York | National |
Average one way commute | 19min | 33min | 26min |
Workers who drive to work | 77.3% | 53.0% | 76.4% |
Workers who carpool | 11.6% | 6.7% | 9.3% |
Workers who take public transit | 0.0% | 28.0% | 5.1% |
Workers who bicycle | 0.9% | 0.7% | 0.6% |
Workers who walk | 6.1% | 6.3% | 2.8% |
Working from home | 1.2% | 4.0% | 4.6% |