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.
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
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.
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.
Potosi is a small city located in the state of Texas. The city has a population of 3,928 residents. At 77%, the majority of the Potosi population is White; this is followed by 5% Asian and 0% Black. Potosi is known to be family friendly as more than 74% of the population has already tied the knot. It might also be worth noting that 45% of residents also have children under the age of 18. If you're not a fan of traffic congestion and long commute times to work, Potosi is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the city before actually living in Potosi, Texas. 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. The best areas in Potosi and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
With a livability score of 70 out of 100, Potosi is ranked #6,395 in the United States and #310 in Texas. There are nine total categories that create the livability score. Potosi ranks well for crime (A), cost of living (A+), employment (A+) and housing (A+) Potosi does not fare well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Potosi excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
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 Potosi is actually affordable. The median home price for Potosi homes is $220,100, which is 54.2% higher than the Texas average. If we take a closer look at the affordability of homes in Potosi, we’ll see that the home price to income ratio is 2.4, which is 7.7% lower than the Texas average.
Statistic | Potosi | Texas | National |
Average one way commute | 20min | 26min | 26min |
Workers who drive to work | 93.0% | 80.3% | 76.4% |
Workers who carpool | 4.9% | 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 | 0.0% | 1.6% | 2.8% |
Working from home | 1.6% | 4.3% | 4.6% |