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.
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.
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.
Located in the state of Florida, Malabar is a smaller city with a population of 3,123 people. The majority of Malabar residents report their race to be White; this is followed by Black and Asian. The Malabar population appears to be aging at a faster rate than normal. The median age is currently 57, which is on the high side when compared to most other cities. Malabar is known to be family friendly as more than 70% of the population has already tied the knot. It might also be worth noting that 17% of residents also have children under the age of 18. 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 Malabar your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Malabar can be a positive experience for anyone relocating to the town. Having said that, in the state of Florida, there are many incredible 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. To help you find the best places to live in and around Malabar, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety, employment and more.
Malabar, FL receives 65/100 for its livability score; this results in a ranking of #594 in Florida and #11,433 in the USA. Based on the rankings for each individual category, Malabar has been rewarded with high marks for crime (A+), employment (A-) and housing (A+). On a more negative note, Malabar does not have favorable grades for the following: amenities (F) and education (D). If we take a look at the data, we can find out why.
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 Malabar 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.
Assuming that Malabar 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 Malabar. Everything else becomes a lot less important if it turns out that home prices in Malabar are simply unattainable. Median real estate prices in Malabar come in at $290,200, which is 74% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Malabar, the home price to income ratio is 3.5, which is 2.9% higher than the Florida average.
Statistic | Malabar | Florida | National |
Average one way commute | 25min | 27min | 26min |
Workers who drive to work | 79.2% | 79.5% | 76.4% |
Workers who carpool | 3.6% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 2.1% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 0.0% | 1.5% | 2.8% |
Working from home | 13.6% | 5.4% | 4.6% |