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.
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
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.
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 Mohegan, New York is a smaller city with a population of 5,781 residents. The majority of Lake Mohegan residents report their race to be White; this is followed by Black and 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 Lake Mohegan entails a longer-than-average one-way commute time, averaging 38 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the town before actually living in Lake Mohegan, New York. 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 Mohegan and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
Using data and statistics Lake Mohegan has received a livability score of 68 out of 100. This score is ranked in the 72nd percentile when compared to all other cities. For each of the livability categories, we see that Lake Mohegan ranks very well for crime (B+), education (A-) and housing (A+). There are some categories that Lake Mohegan does not rank well for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to determine why.
The unemployment rate in Lake Mohegan has consistently declined over the years and currently stands well below the national average at 1.95%. 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.
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Lake Mohegan, the schools boast an impressive average test score of 67%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lake Mohegan excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Lake Mohegan 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 Mohegan. Everything else becomes a lot less important if it turns out that home prices in Lake Mohegan are simply unattainable. The median home price for Lake Mohegan homes is $370,700, which is 29.5% higher than the New York average. If we take a closer look at the affordability of homes in Lake Mohegan, we’ll see that the home price to income ratio is 2.8, which is 40.4% lower than the New York average.
Statistic | Lake Mohegan | New York | National |
Average one way commute | 38min | 33min | 26min |
Workers who drive to work | 71.6% | 53.0% | 76.4% |
Workers who carpool | 3.8% | 6.7% | 9.3% |
Workers who take public transit | 15.1% | 28.0% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 6.2% | 6.3% | 2.8% |
Working from home | 3.4% | 4.0% | 4.6% |