Greatwood 67 Good
Greatwood Livability #543 ranked city in Texas#10,266 ranked city in the USARanks better than 64% of areas

Pros and Cons of Living in Greatwood

PROS
  • 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.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • 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.

  • Ratings

    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.

CONS
  • 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.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Health & Safety

    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.

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What's it like Living in Greatwood?

Greatwood is a mid-sized city located in the state of Texas. The city has a population of 12,040 people. In Greatwood, there are 4,579 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (78% White). Given that fact, Greatwood could be considered less diverse than other cities. Greatwood has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 74% of the population is classified as married and 56% have kids. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Greatwood offers up a higher than average one way commute time of 32 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Greatwood could be a positive experience compared to other cities in Texas 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. To help you find the best places to live in and around Greatwood, AreaVibes has created a livability score using key metrics like crime, cost of living, health & safety, housing and more.

With a livability score of 65/100, Greatwood is ranked #10,940 in the United States and #595 in Texas. Based on the scores for each individual category, Greatwood has been rewarded with high marks for crime (A) and housing (A+). The bad news for Greatwood, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).

When contemplating a move, job prospects often top the list of priorities. In Greatwood, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.03% 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.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Greatwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Greatwood. 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 Greatwood are affordable. The median home price for Greatwood homes is $300,800, which is 110.8% higher than the Texas average. If we take a closer look at the affordability of homes in Greatwood, we’ll see that the home price to income ratio is 2.1, which is 19.2% lower than the Texas average.

Best Places to Live in and Around Greatwood

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How Do You Rate The Livability In Greatwood?

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Compare Greatwood, TX Livability

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      Greatwood transportation information

      Statistic Greatwood Texas National
      Average one way commute32min26min26min
      Workers who drive to work84.4%80.3%76.4%
      Workers who carpool7.3%10.6%9.3%
      Workers who take public transit0.2%1.5%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.3%1.6%2.8%
      Working from home7.9%4.3%4.6%
      Source: The Greatwood, TX data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).