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.
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 Murray of Richland is a smaller city located in the state of South Carolina. The city has a population of 6,672 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (88% White). Given that fact, Lake Murray of Richland could be considered less diverse than other cities. An important consideration when living in Lake Murray of Richland is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 33 minutes, far surpassing the national average of 26 minutes.
Living in Lake Murray of Richland can be a great experience for anyone moving to the town. Having said that, in the state of South Carolina, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Lake Murray of Richland and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the South Carolina and national averages.
Lake Murray of Richland, SC receives 65/100 for its livability score; this results in a ranking of #97 in South Carolina and #10,612 in the USA. There are nine total categories that form the livability score. Lake Murray of Richland ranks well for crime (A) and housing (A+) Lake Murray of Richland does not fare well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
The unemployment rate in Lake Murray of Richland has consistently declined over the years and currently stands well below the national average at 2.4%. 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.
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 Murray of Richland 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.
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 Lake Murray of Richland is actually affordable. The median home price for Lake Murray of Richland homes is $357,600, which is 149% higher than the South Carolina average. If we take a closer look at the affordability of homes in Lake Murray of Richland, we’ll see that the home price to income ratio is 3.5, which is 12.9% higher than the South Carolina average.
Statistic | Lake Murray of Richland | South Carolina | National |
Average one way commute | 33min | 24min | 26min |
Workers who drive to work | 89.9% | 82.8% | 76.4% |
Workers who carpool | 4.3% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 0.6% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.0% | 2.2% | 2.8% |
Working from home | 4.1% | 3.6% | 4.6% |