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.
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.
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.
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.
Randleman, North Carolina is a small city with a population of 4,124 residents. If we look at the most recent Census, Randleman is known to have a predominantly White population. The next two most common races are Black and Asian. Randleman tends to attract a younger crowd, as the median age of 31 is far below the national average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Randleman your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the area before actually living in Randleman, North Carolina. 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. Using the livability score which includes data from categories like crime, commute, education, employment, you can easily compare the best places to live in Randleman and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Randleman to North Carolina and the national average.
With a livability score of 67/100, Randleman is ranked #9,102 in the United States and #179 in North Carolina. If we dig a little deeper into each category within the livability score, we see that Randleman has higher than average rankings for the following: crime (A-), employment (B-) and housing (A-). There are some categories that Randleman ranks poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to figure out why.
The unemployment rate in Randleman has consistently declined over the years and currently stands well below the national average at 0.94%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Randleman 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 Randleman is actually affordable. The median home price for Randleman homes is $127,000, which is 19.2% lower than the North Carolina average. If we take a closer look at the affordability of homes in Randleman, we’ll see that the home price to income ratio is 2.2, which is 33.3% lower than the North Carolina average.
Statistic | Randleman | North Carolina | National |
Average one way commute | 25min | 24min | 26min |
Workers who drive to work | 86.2% | 81.1% | 76.4% |
Workers who carpool | 6.2% | 9.8% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 2.0% | 1.8% | 2.8% |
Working from home | 5.7% | 4.8% | 4.6% |