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.
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.
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.
Lake Cherokee is a small city located in the state of Texas. The city has a population of 3,283 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (90% White). Given that fact, Lake Cherokee could be considered less diverse than other cities. Lake Cherokee is considered to be a city with an aging population. The average age of all residents is 57, which is well beyond the United States median age average. If you are looking for a family friendly city, Lake Cherokee might be a good fit as 79% of the population over 15 years old are married, and 17% have kids who are 18 years old or younger. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Lake Cherokee your home, your one-way commute time will typically last around 28 minutes, a duration that aligns with the national average commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the town before actually living in Lake Cherokee, Texas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like commute, health & safety, housing and other key data points, finding the best places to live in Lake Cherokee and in the areas around Lake Cherokee is a much easier task.
With a livability score of 62 out of 100, Lake Cherokee is ranked #14,632 in the United States and #836 in Texas. Based on the scores for each individual category, Lake Cherokee has received high marks for crime (A+), cost of living (B-), employment (A-) and housing (A-). There is at least one category that does not have great scores in Lake Cherokee. The following was graded with a disappointing score: amenities (F) and education (D-).
The Lake Cherokee unemployment rate of 2.6% 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.
Finding affordable real estate and housing in Lake Cherokee can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Lake Cherokee 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 Lake Cherokee. Everything else becomes a lot less important if it turns out that home prices in Lake Cherokee are simply unattainable. The median home price for Lake Cherokee homes is $336,500, which is 135.8% higher than the Texas average. If we take a closer look at the affordability of homes in Lake Cherokee, we’ll see that the home price to income ratio is 4.3, which is 65.4% higher than the Texas average.
Statistic | Lake Cherokee | Texas | National |
Average one way commute | 28min | 26min | 26min |
Workers who drive to work | 77.9% | 80.3% | 76.4% |
Workers who carpool | 10.9% | 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 | 3.5% | 4.3% | 4.6% |