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.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
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.
Schools
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.
Richmond West, Florida is a medium-sized city with a population of 37,123 residents. With a population density of 8,899 people per square mile, Richmond West is well above the nation's average density level. The majority of Richmond West residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Richmond West are of Hispanic or Latino origin, and 70% of the population also speak Spanish. An important consideration when living in Richmond West is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 43 minutes, far surpassing the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the town before actually living in Richmond West, Florida. 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. To help you find the best places to live in and around Richmond West, AreaVibes has created a livability score using key metrics like amenities, commute, education and more.
With a livability score of 67 out of 100, Richmond West is ranked #8,641 in the United States and #469 in Florida. If we take a closer look at each of the categories individually, we see that Richmond West ranks well for employment (A-) and housing (A+). Regrettably for Richmond West, there are some categories for which it does not rank well, this includes: amenities (F), cost of living (D) and education (D-).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Richmond West, the unemployment rate stands at 2.73%, 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 Richmond West 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.
Richmond West 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 Richmond West. Median real estate prices in Richmond West come in at $336,500, which is 101.7% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Richmond West, the home price to income ratio is 4.4, which is 29.4% higher than the Florida average.
| Statistic | Richmond West | Florida | National |
| Average one way commute | 43min | 27min | 26min |
| Workers who drive to work | 79.9% | 79.5% | 76.4% |
| Workers who carpool | 10.9% | 9.3% | 9.3% |
| Workers who take public transit | 1.4% | 2.1% | 5.1% |
| Workers who bicycle | 0.3% | 0.7% | 0.6% |
| Workers who walk | 0.3% | 1.5% | 2.8% |
| Working from home | 5.3% | 5.4% | 4.6% |
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