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.
Schools
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.
McKenzie is a small-sized city located in the state of Tennessee. The city has a population of 5,517 inhabitants. The majority of McKenzie residents report their race to be White; this is followed by Black and Asian. In McKenzie, only 48% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. 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 McKenzie your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in McKenzie, Tennessee could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around McKenzie, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety and more.
Using data and statistics McKenzie has received a livability score of 61 out of 100. This score is ranked in the 48th percentile when compared to all other cities. There are nine total categories that create the livability score. McKenzie ranks well for crime (B-) and housing (B+) There are some categories that McKenzie ranks poorly for, including: amenities (F), education (D-) and employment (F). It might be worth taking a closer look to determine why.
The McKenzie unemployment rate of 2.49% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in McKenzie can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
McKenzie 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 McKenzie. Median real estate prices in McKenzie come in at $99,900, which is 31.6% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In McKenzie, the home price to income ratio is 2.7, which is 12.9% lower than the Tennessee average.
| Statistic | McKenzie | Tennessee | National |
| Average one way commute | 26min | 25min | 26min |
| Workers who drive to work | 75.8% | 83.6% | 76.4% |
| Workers who carpool | 6.9% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 9.8% | 1.4% | 2.8% |
| Working from home | 2.0% | 3.9% | 4.6% |
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