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.
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.
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.
Perryville, Missouri is a small city with a population of 8,500 residents. According to the most recent Census, 92% of Perryville residents are White, 2% Asian and 1% Black. Not a fan of sitting in traffic during your commute to work? Perryville offers shorter work commutes, with an average one-way commute time taking only 15 minutes, far lower than the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Perryville, Missouri 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. Finding the best places to live in Perryville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, housing and other important metrics.
Using data and statistics Perryville has received a livability score of 66/100. This score is ranked in the 64th percentile when compared to all other cities. For each of the livability categories, we can establish that Perryville ranks very well for cost of living (A+) and housing (A+). There are some categories that Perryville scores poorly for, including: amenities (F) and education (D). It might be worth taking a closer look to determine why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Perryville, the unemployment rate stands at 2.06%, 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.
Finding affordable real estate and housing in Perryville 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Perryville is actually affordable. Median real estate prices in Perryville come in at $139,700, which is 1.1% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Perryville, the home price to income ratio is 2.7, which is 6.9% lower than the Missouri average.
Statistic | Perryville | Missouri | National |
Average one way commute | 15min | 23min | 26min |
Workers who drive to work | 85.5% | 81.6% | 76.4% |
Workers who carpool | 11.8% | 9.1% | 9.3% |
Workers who take public transit | 0.3% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.6% | 1.9% | 2.8% |
Working from home | 1.4% | 4.6% | 4.6% |