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.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Hamilton, Texas is a smaller city with a population of 3,011 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (92% White). Given that fact, Hamilton could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in Hamilton. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Hamilton can be a good experience for anyone moving to the area. Having said that, in the state of Texas, there are many incredible 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. To help you find the best places to live in and around Hamilton, AreaVibes has created a livability score using key metrics like amenities, cost of living, health & safety, education and more.
With a livability score of 73/100, Hamilton is ranked #3,993 in the United States and #157 in Texas. If we consider each of the categories on their own, we see that Hamilton ranks well for crime (A+) and housing (A+). There is at least one category that you should be aware of in Hamilton. The following was graded with a less than perfect score: amenities (F).
The Hamilton unemployment rate of 0.88% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
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 Hamilton 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.
Hamilton real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Hamilton. The median home price for Hamilton homes is $105,000, which is 26.4% lower than the Texas average. If we take a closer look at the affordability of homes in Hamilton, we’ll see that the home price to income ratio is 2.6, which is 0% lower than the Texas average.
Statistic | Hamilton | Texas | National |
Average one way commute | 16min | 26min | 26min |
Workers who drive to work | 75.7% | 80.3% | 76.4% |
Workers who carpool | 19.7% | 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 | 1.8% | 1.6% | 2.8% |
Working from home | 2.9% | 4.3% | 4.6% |