Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
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.
Health & Safety
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.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Ratings
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.
Libby is a small-sized city located in the state of Montana. The city has a population of 2,758 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Libby could be considered less diverse than other cities. With an average age of 48 years, Libby residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you're not a fan of traffic congestion and long commute times to work, Libby is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 11 minutes, significantly lower than the national average of 26 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Libby could be a positive experience compared to other cities in Montana if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Libby and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, health & safety, education and other important metrics.
Using data and statistics Libby has received a livability score of 73 out of 100. This score is ranked in the 85th percentile when compared to all other cities. There are nine total categories that generate the livability score. Libby scores well for crime (A-), cost of living (A+) and housing (A+) There is at least one category that does not have great scores in Libby. The following was graded with a less than perfect score: amenities (D) and employment (D-).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Libby, the unemployment rate stands at 1.49%, 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 Libby 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.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Libby is real estate affordability. The median home price for Libby homes is $148,400, which is 25.7% lower than the Montana average. If we take a closer look at the affordability of homes in Libby, we’ll see that the home price to income ratio is 4, which is 2.4% lower than the Montana average.
| Statistic | Libby | Montana | National |
| Average one way commute | 11min | 18min | 26min |
| Workers who drive to work | 74.2% | 75.1% | 76.4% |
| Workers who carpool | 12.1% | 10.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 4.4% | 1.4% | 0.6% |
| Workers who walk | 8.2% | 5.1% | 2.8% |
| Working from home | 1.0% | 6.3% | 4.6% |
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