Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Nocona, Texas is a small-sized city with a population of 2,982 people. If we look at the most recent Census, Nocona is known to have a predominantly White population. The next two most common races are Black and Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Nocona, your commute times will be about average, with a one way commute time of 24 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Nocona could be a positive experience compared to other cities in Texas if you know where to look. 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. Using the livability score which includes data from categories like amenities, health & safety, employment, you can easily compare the best places to live in Nocona and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Nocona to Texas and the national average.
The livability score in Nocona is 67 out of 100 and the city is ranked in the 70th percentile of all cities across America. If we check out each of the categories on their own, we see that Nocona ranks well for crime (A+) and housing (A-). Unfortunately for Nocona, there are some categories for which it does not rank well, this includes: amenities (F), education (D) and employment (F).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Nocona, residents are fortunate to experience a cost of living that is 22.63% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Nocona an attractive choice for those seeking financial prudence without compromising on quality of life.
Finding affordable real estate and housing in Nocona 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.
Nocona 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 Nocona. Median real estate prices in Nocona come in at $70,200, which is 50.8% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Nocona, the home price to income ratio is 2, which is 23.1% lower than the Texas average.
| Statistic | Nocona | Texas | National |
| Average one way commute | 24min | 26min | 26min |
| Workers who drive to work | 85.0% | 80.3% | 76.4% |
| Workers who carpool | 10.9% | 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 | 0.6% | 1.6% | 2.8% |
| Working from home | 2.2% | 4.3% | 4.6% |
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