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.
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.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
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.
Olivarez, Texas is a small city with a population of 7,293 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (72% White). Given that fact, Olivarez could be considered less diverse than other cities. Additionally, more than a quarter of the population of Olivarez are of Hispanic or Latino origin, and 95% of the population also speak Spanish. If you are a young adult or student, you might be pleased to know that the average age of all Olivarez residents is 14. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Olivarez entails a longer-than-average one-way commute time, averaging 46 minutes.
Living in Olivarez can be a positive experience for anyone relocating to the town. Having said that, in the state of Texas, 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 Olivarez, AreaVibes has created a livability score using key metrics like cost of living, health & safety, education and more.
Olivarez has a livability score of 52 out of 100 and is ranked #1,442 in Texas and #24,583 in the USA. This is a poor rating when compared to the average of other places in the country. Olivarez does not score well for the following: amenities (F), crime (D) and education (F). It might be wise to take a closer look at each category to find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Olivarez is 23.32% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Olivarez a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
The Olivarez unemployment rate of 2.35% 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.
Assuming that Olivarez 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 Olivarez. Everything else becomes a lot less important if it turns out that home prices in Olivarez are simply unattainable. The median home price for Olivarez homes is $56,800, which is 60.2% lower than the Texas average. If we take a closer look at the affordability of homes in Olivarez, we’ll see that the home price to income ratio is 1, which is 61.5% lower than the Texas average.
Statistic | Olivarez | Texas | National |
Average one way commute | 46min | 26min | 26min |
Workers who drive to work | 77.8% | 80.3% | 76.4% |
Workers who carpool | 11.5% | 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 | 0.0% | 1.6% | 2.8% |
Working from home | 10.3% | 4.3% | 4.6% |