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.
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.
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.
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.
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.
Malakoff, Texas is a small city with a population of 2,558 people. At 72%, the majority of the Malakoff population is White; this is followed by 23% Black and 1% American Indian and Alaskan. The median age of all Malakoff residents is 32, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Malakoff is very likely to be a great place to live for singles as only 49%, of the population (over fifteen) are classified as married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Malakoff, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.
Living in Malakoff can be a great experience for anyone moving to the area. Having said that, in the state of Texas, there are many amazing 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. Using the livability score which includes data from categories like crime, health & safety, education, housing, you can easily compare the best places to live in Malakoff and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Malakoff to Texas and the national average.
Using data and statistics Malakoff has received a livability score of 63 out of 100. This score is ranked in the 53rd percentile when compared to all other cities. If we examine each of the categories on their own, we see that Malakoff ranks well for crime (B) and housing (A+). There are some categories that Malakoff does not rank well for, including: amenities (F) and employment (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. Malakoff 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 Malakoff 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 Malakoff. Everything else becomes a lot less important if it turns out that home prices in Malakoff are simply unattainable. Median real estate prices in Malakoff come in at $85,600, which is 40% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Malakoff, the home price to income ratio is 2.5, which is 3.8% lower than the Texas average.
| Statistic | Malakoff | Texas | National |
| Average one way commute | 26min | 26min | 26min |
| Workers who drive to work | 87.2% | 80.3% | 76.4% |
| Workers who carpool | 5.9% | 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 | 2.8% | 1.6% | 2.8% |
| Working from home | 4.1% | 4.3% | 4.6% |
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