Cost Of Living
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.
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.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Ratings
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.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Employment
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.
Located in the state of North Carolina, Raeford is a smaller city with a population of 4,943 people. Raeford is mostly populated by White (36%) and Black or African American (43%) ethnic groups. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Raeford, your commute times will be about average, with a one way commute time of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Raeford could be a positive experience compared to other cities in North Carolina if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Raeford and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, housing and other important metrics.
Raeford, NC receives 74/100 for its livability score; this results in a ranking of #42 in North Carolina and #3,814 in the USA. If we examine each of the categories on their own, we see that Raeford ranks well for crime (B-) and housing (B+). On a more negative note, Raeford does not have favorable grades for the following: amenities (D) and employment (F). If we take a look at the data, we can find out why.
The Raeford unemployment rate of 2.44% 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.
Finding affordable real estate and housing in Raeford 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.
Raeford real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Raeford. The median home price for Raeford homes is $130,000, which is 17.3% lower than the North Carolina average. If we take a closer look at the affordability of homes in Raeford, we’ll see that the home price to income ratio is 3.8, which is 15.2% higher than the North Carolina average.
| Statistic | Raeford | North Carolina | National |
| Average one way commute | 26min | 24min | 26min |
| Workers who drive to work | 81.2% | 81.1% | 76.4% |
| Workers who carpool | 4.2% | 9.8% | 9.3% |
| Workers who take public transit | 1.7% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 7.4% | 1.8% | 2.8% |
| Working from home | 4.9% | 4.8% | 4.6% |
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