Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Located in the state of Texas, Krum is a small city with a population of 5,088 inhabitants. According to the most recent Census, 88% of Krum residents are White, 4% Black and 2% Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Krum entails a longer-than-average one-way commute time, averaging 32 minutes.
Are you trying to ascertain if living in Krum is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Krum and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, education, employment and other important metrics.
The livability score in Krum is 66/100 and the city is ranked in the 65th percentile of all cities across America. There are nine total categories that generate the livability score. Krum scores well for crime (B), cost of living (B), education (B), employment (A+) and housing (A+) On a more negative note, Krum does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
The Krum unemployment rate of 0.92% 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.
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, Krum has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Krum is actually affordable. The median home price for Krum homes is $195,800, which is 37.2% higher than the Texas average. If we take a closer look at the affordability of homes in Krum, we’ll see that the home price to income ratio is 2.7, which is 3.8% higher than the Texas average.
| Statistic | Krum | Texas | National |
| Average one way commute | 32min | 26min | 26min |
| Workers who drive to work | 88.2% | 80.3% | 76.4% |
| Workers who carpool | 5.3% | 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 | 0.0% | 1.6% | 2.8% |
| Working from home | 5.9% | 4.3% | 4.6% |
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