Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Located in the state of North Carolina, Shallotte is a small city with a population of 4,205 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (68% White). Given that fact, Shallotte could be considered less diverse than other cities. Based on an average age of 55, Shallotte appears to be well-suited for seniors or retirees as the average age is well above the national average. 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 Shallotte is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Shallotte can be a good experience for anyone relocating to the area. Having said that, in the state of North Carolina, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, crime, health & safety, employment, housing, you can easily compare the best places to live in Shallotte and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Shallotte to North Carolina and the national average.
The livability score in Shallotte is 62 out of 100 and the city is ranked in the 49th percentile of all cities across America. Based on the rankings for each individual category, Shallotte has received high marks for cost of living (B-), education (B-), employment (B-) and housing (A-). Shallotte does not do well for the following: amenities (F) and crime (D-). It might be wise to take a closer look at each category to find out why.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 157 crimes per 100,000 residents, Shallotte has a violent crime rate that is far below the national average.
The unemployment rate in Shallotte has consistently declined over the years and currently stands well below the national average at 1.55%. 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.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Shallotte apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Shallotte. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Shallotte are affordable. Median real estate prices in Shallotte come in at $214,900, which is 36.8% higher than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Shallotte, the home price to income ratio is 3.7, which is 12.1% higher than the North Carolina average.
| Statistic | Shallotte | North Carolina | National |
| Average one way commute | 25min | 24min | 26min |
| Workers who drive to work | 82.5% | 81.1% | 76.4% |
| Workers who carpool | 10.7% | 9.8% | 9.3% |
| Workers who take public transit | 0.6% | 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 | 5.3% | 4.8% | 4.6% |
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