Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
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.
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.
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.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
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.
Lago Vista, Texas is a smaller city with a population of 7,212 residents. The majority of Lago Vista residents report their race to be White; this is followed by Black and Asian. In Lago Vista, there seems to be a shift in population towards an older age group. The average age of the population is now 53, which is significantly higher than the nation’s average. 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 Lago Vista offers up a higher than average one way commute time of 37 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Lago Vista 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. Using the livability score which includes data from categories like cost of living, commute, health & safety, employment, housing, you can easily compare the best places to live in Lago Vista and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lago Vista to Texas and the national average.
Lago Vista has a livability score of 74/100 and is ranked #140 in Texas and #3,785 in the USA. Based on the scores for each individual category, Lago Vista has received high marks for crime (A+), cost of living (A+), education (B-), employment (A) and housing (A+). There are some categories that Lago Vista ranks poorly for, including: amenities (F). It might be worth taking a closer look to figure 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. Lago Vista has a violent crime rate of 93 crimes per 100,000 residents which is far lower than the national average.
The unemployment rate in Lago Vista has consistently declined over the years and currently stands well below the national average at 2.54%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and 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, Lago Vista 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 Lago Vista is actually affordable. The median home price for Lago Vista homes is $282,700, which is 98.1% higher than the Texas average. If we take a closer look at the affordability of homes in Lago Vista, we’ll see that the home price to income ratio is 3.5, which is 34.6% higher than the Texas average.
Statistic | Lago Vista | Texas | National |
Average one way commute | 37min | 26min | 26min |
Workers who drive to work | 78.0% | 80.3% | 76.4% |
Workers who carpool | 2.6% | 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 | 0.3% | 1.6% | 2.8% |
Working from home | 19.1% | 4.3% | 4.6% |