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.
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
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.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
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.
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.
Parsons is a small city located in the state of Tennessee. The city has a population of 2,585 inhabitants. At 89%, the majority of the Parsons population is White; this is followed by 6% Black and 0% Asian.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Parsons, Tennessee. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Parsons, AreaVibes has created a livability score using key metrics like amenities, crime, housing and more.
Parsons has a livability score of 63/100 and is ranked #178 in Tennessee and #13,568 in the USA. For each of the livability categories, we know that Parsons ranks very well for crime (B) and housing (B-). There is at least one category that did not score well in Parsons. The following was graded with a concerning score: amenities (F), education (F) and employment (F).
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Parsons, residents enjoy the privilege of a cost of living that is 22.07% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Parsons an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Parsons shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 145 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Finding affordable real estate and housing in Parsons 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.
Assuming that Parsons 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 Parsons. Everything else becomes a lot less important if it turns out that home prices in Parsons are simply unattainable. The median home price for Parsons homes is $87,900, which is 39.8% lower than the Tennessee average. If we take a closer look at the affordability of homes in Parsons, we’ll see that the home price to income ratio is 3, which is 3.2% lower than the Tennessee average.
Statistic | Parsons | Tennessee | National |
Average one way commute | 22min | 25min | 26min |
Workers who drive to work | 73.8% | 83.6% | 76.4% |
Workers who carpool | 14.8% | 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 | 1.6% | 1.4% | 2.8% |
Working from home | 9.9% | 3.9% | 4.6% |