Living in Northlake, TX

What's it like Living in Northlake?

Northlake, Texas is a small city with a population of 3,182 inhabitants. At 79%, the majority of the Northlake population is White; this is followed by 5% Black and 5% Asian. Northlake is not known to have a high population (over 15 years old) of married people. At only 46% married, this city falls well below the national average. 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 Northlake your home, your one-way commute time will typically last around 28 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 Northlake, Texas could be a fulfilling experience for anyone who puts in the effort 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. With useful information like amenities, crime, cost of living, housing and other key data points, finding the best places to live in Northlake and in the areas around Northlake is a much easier task.

Northlake, TX receives 59/100 for its livability score; this results in a ranking of #1,044 in Texas and #17,903 in the USA. This is a lower than the national average livability score as Northlake does not rank well for most categories. If we take a closer look at each of the categories on their own, we see that Northlake ranks well for employment (A+) and housing (A+). On a more negative note, Northlake does not have favorable grades for the following: amenities (F) and cost of living (D-). If we take a look at the data, we can find out why.

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Northlake, it boasts a notably low violent crime rate of 82 crimes per 100,000 residents, which significantly outperforms the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Northlake, the unemployment rate stands at 2.54%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

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 Northlake 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.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Northlake is real estate affordability. The median home price for Northlake homes is $435,900, which is 205.5% higher than the Texas average. If we take a closer look at the affordability of homes in Northlake, we’ll see that the home price to income ratio is 4.7, which is 80.8% higher than the Texas average.

Best Places to Live in and Around Northlake

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