Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
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 Worth is a small city located in the state of Texas. The city has a population of 4,932 residents. At 83%, the majority of the Lake Worth population is White; this is followed by 1% Black and 1% American Indian and Alaskan. Additionally, more than a quarter of the population of Lake Worth are of Hispanic or Latino origin, and 26% of the population also speak Spanish. 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 Worth your home, your one-way commute time will typically last around 27 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to ascertain if living in Lake Worth is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like crime, cost of living, commute, employment, housing, you can easily compare the best places to live in Lake Worth and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Worth to Texas and the national average.
The livability score in Lake Worth is 71/100 and the city is ranked in the 80th percentile of all cities across America. If we explore each of the categories individually, we see that Lake Worth ranks well for cost of living (A+) and employment (B). There are some categories that Lake Worth does not rank well for, including: crime (F) and education (F). It might be worth taking a closer look to determine why.
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 Worth 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.
Lake Worth 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 Worth. Median real estate prices in Lake Worth come in at $148,300, which is 3.9% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Lake Worth, the home price to income ratio is 2, which is 23.1% lower than the Texas average.
Statistic | Lake Worth | Texas | National |
Average one way commute | 27min | 26min | 26min |
Workers who drive to work | 78.6% | 80.3% | 76.4% |
Workers who carpool | 12.3% | 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 | 0.3% | 1.6% | 2.8% |
Working from home | 8.5% | 4.3% | 4.6% |