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.
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 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.
Located in the state of Ohio, Lake Lakengren is a smaller city with a population of 3,437 inhabitants. If we look at the most recent Census, Lake Lakengren is known to have a predominantly White population. The next two most common races are Black and Asian. Lake Lakengren is known to be family friendly as more than 72% of the population has already tied the knot. It might also be worth noting that 36% of residents also have children under the age of 18. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lake Lakengren, your commute time will align closely with the national average, spanning a one-way duration of approximately 29 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the area before actually living in Lake Lakengren, Ohio. 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. The best areas in Lake Lakengren and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, commute, health & safety, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Ohio and national averages.
With a livability score of 66/100, Lake Lakengren is ranked #10,375 in the United States and #604 in Ohio. Based on the rankings for each individual category, Lake Lakengren has received high marks for crime (A), employment (A+) and housing (A+). Lake Lakengren does not fare well for the following: amenities (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 range pretty dramatically from one city to another. Knowing that Lake Lakengren has an unemployment rate of 0.62% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving 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, Lake Lakengren has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Lake Lakengren 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 Lakengren. Everything else becomes a lot less important if it turns out that home prices in Lake Lakengren are simply unattainable. The median home price for Lake Lakengren homes is $137,800, which is 4.5% higher than the Ohio average. If we take a closer look at the affordability of homes in Lake Lakengren, we’ll see that the home price to income ratio is 1.8, which is 30.8% lower than the Ohio average.
Statistic | Lake Lakengren | Ohio | National |
Average one way commute | 29min | 23min | 26min |
Workers who drive to work | 93.6% | 83.4% | 76.4% |
Workers who carpool | 3.5% | 7.8% | 9.3% |
Workers who take public transit | 0.0% | 1.7% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 1.6% | 2.3% | 2.8% |
Working from home | 0.9% | 3.7% | 4.6% |