Employment
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.
Housing
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.
Amenities
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.
Health & Safety
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.
Providence Village is a smaller city located in the state of Texas. The city has a population of 7,345 residents. Providence Village has a population density of 3,691 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 87% of Providence Village residents are White, 7% Black and 1% American Indian and Alaskan. Providence Village tends to attract a younger crowd, as the median age of 32 is far below the national average. Something to be aware of when living in Providence Village are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 45 minutes, this comes in much higher than the national average of 26 minutes.
Are you trying to decide if living in Providence Village is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like cost of living, health & safety, employment, housing and other key data points, finding the best places to live in Providence Village and in the areas around Providence Village is a much easier task.
Providence Village, TX receives 64 out of 100 for its livability score; this results in a ranking of #690 in Texas and #12,511 in the USA. There are nine total categories that form the livability score. Providence Village scores well for employment (A+) and housing (A+) On a less positive note, Providence Village does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
The Providence Village unemployment rate of 1.78% 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Providence Village has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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 Providence Village is actually affordable. Median real estate prices in Providence Village come in at $215,300, which is 50.9% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Providence Village, the home price to income ratio is 2.2, which is 15.4% lower than the Texas average.
| Statistic | Providence Village | Texas | National |
| Average one way commute | 45min | 26min | 26min |
| Workers who drive to work | 79.4% | 80.3% | 76.4% |
| Workers who carpool | 5.0% | 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 | 1.6% | 1.6% | 2.8% |
| Working from home | 13.6% | 4.3% | 4.6% |
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