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.
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.
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.
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.
Located in the state of North Carolina, Ranlo is a small-sized city with a population of 3,643 inhabitants. At 70%, the majority of the Ranlo population is White; this is followed by 21% Black and 3% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Ranlo is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national 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 Ranlo 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. The best areas in Ranlo and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the North Carolina and national averages.
With a livability score of 71 out of 100, Ranlo is ranked #5,605 in the United States and #79 in North Carolina. If we probe a little deeper into each category within the livability score, we see that Ranlo has higher than average grades for the following: crime (B), cost of living (A+), employment (B-) and housing (A+). Unfortunately for Ranlo, there are some categories for which it does not score well, this includes: amenities (F) and education (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Ranlo, the unemployment rate stands at 2.67%, 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 Ranlo 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.
Ranlo 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 Ranlo. The median home price for Ranlo homes is $145,100, which is 7.6% lower than the North Carolina average. If we take a closer look at the affordability of homes in Ranlo, we’ll see that the home price to income ratio is 2.2, which is 33.3% lower than the North Carolina average.
Statistic | Ranlo | North Carolina | National |
Average one way commute | 26min | 24min | 26min |
Workers who drive to work | 85.9% | 81.1% | 76.4% |
Workers who carpool | 7.3% | 9.8% | 9.3% |
Workers who take public transit | 0.1% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 0.0% | 1.8% | 2.8% |
Working from home | 3.1% | 4.8% | 4.6% |