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.
Crime
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.
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.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
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.
Lolo, Montana is a smaller city with a population of 4,064 people. At 94%, the majority of the Lolo population is White; this is followed by 4% Asian and 1% Black. Lolo could be a great place for young adults and students as the average age of 32 years old is below the nation’s average.
Living in Lolo can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Montana, 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. With useful information like amenities, crime, cost of living, health & safety, employment and other key data points, finding the best places to live in Lolo and in the areas around Lolo is a much easier task.
With a livability score of 62/100, Lolo is ranked #14,180 in the United States and #156 in Montana. If we consider each of the categories individually, we see that Lolo ranks well for crime (A-), cost of living (A+), employment (B) and housing (A-). There is at least one category that did not score well in Lolo. The following was graded with a disappointing score: amenities (F) and education (D-).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lolo has an unemployment rate of 0.66% 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 robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lolo 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 Lolo 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 Lolo. Everything else becomes a lot less important if it turns out that home prices in Lolo are simply unattainable. Median real estate prices in Lolo come in at $270,000, which is 35.2% higher than the Montana average. The home price to income ratio compares the median home prices to the median household income. In Lolo, the home price to income ratio is 4.4, which is 7.3% higher than the Montana average.
| Statistic | Lolo | Montana | National |
| Average one way commute | 22min | 18min | 26min |
| Workers who drive to work | 78.8% | 75.1% | 76.4% |
| Workers who carpool | 11.7% | 10.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 1.1% | 1.4% | 0.6% |
| Workers who walk | 2.0% | 5.1% | 2.8% |
| Working from home | 6.4% | 6.3% | 4.6% |
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