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.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
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.
Lake Holm, Washington is a small city with a population of 3,332 residents. According to the most recent Census, 89% of Lake Holm residents are White, 5% Asian and 2% American Indian and Alaskan. Based on an average age of 51, Lake Holm appears to be well-suited for seniors or retirees as the average age is well above the national average. If you are looking for a family friendly city, Lake Holm might be a good fit as 71% of the population over 15 years old are married, and 29% have kids who are 18 years old or younger. 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 Lake Holm offers up a higher than average one way commute time of 32 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the town before actually living in Lake Holm, Washington. 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 health & safety, education, employment and other key data points, finding the best places to live in Lake Holm and in the areas around Lake Holm is a much easier task.
Using data and statistics Lake Holm has received a livability score of 58/100. This score is ranked in the 32nd percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. For each of the livability categories, we know that Lake Holm ranks very well for crime (A+) and housing (A+). Lake Holm does not score well for the following: amenities (F), cost of living (F) and education (D-). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Holm, the unemployment rate stands at 0.43%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Holm market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Lake Holm 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 Lake Holm. The median home price for Lake Holm homes is $499,800, which is 85.6% higher than the Washington average. If we take a closer look at the affordability of homes in Lake Holm, we’ll see that the home price to income ratio is 4.1, which is 4.7% lower than the Washington average.
Statistic | Lake Holm | Washington | National |
Average one way commute | 32min | 27min | 26min |
Workers who drive to work | 76.8% | 72.3% | 76.4% |
Workers who carpool | 12.7% | 10.2% | 9.3% |
Workers who take public transit | 0.1% | 6.2% | 5.1% |
Workers who bicycle | 0.0% | 0.9% | 0.6% |
Workers who walk | 0.0% | 3.6% | 2.8% |
Working from home | 10.4% | 5.6% | 4.6% |