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.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Southern Shops is a smaller city located in the state of South Carolina. The city has a population of 3,965 residents. More than a quarter of the residents of Southern Shops identify themselves as Hispanic or Latino, and 40% of the population speak Spanish as their primary or secondary language. If you are a young adult or student, you might be pleased to know that the average age of all Southern Shops residents is 30. Southern Shops is very likely to be a great place to live for singles as only 41%, of the population (over fifteen) are classified as married. If you are not a fan of long commutes, you will enjoy living in Southern Shops. With an average one way commute time of only 18 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Southern Shops can be a good experience for anyone relocating to the city. Having said that, in the state of South Carolina, there are many incredible 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, employment, you can easily compare the best places to live in Southern Shops and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Southern Shops to South Carolina and the national average.
The livability score in Southern Shops is 62 out of 100 and the city is ranked in the 52nd percentile of all cities across America. For each of the livability categories, we see that Southern Shops ranks very well for housing (A+). There is at least one category that does not have great scores in Southern Shops. The following was graded with a discouraging score: amenities (F), crime (F), education (F) and employment (F).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Southern Shops, residents are fortunate to experience a cost of living that is 20.58% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Southern Shops an attractive choice for those seeking financial prudence without compromising on quality of life.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Southern Shops, the unemployment rate stands at 1.24%, 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Southern Shops has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Southern Shops. 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 Southern Shops are affordable. The median home price for Southern Shops homes is $62,900, which is 56.2% lower than the South Carolina average. If we take a closer look at the affordability of homes in Southern Shops, we’ll see that the home price to income ratio is 2.5, which is 19.4% lower than the South Carolina average.
| Statistic | Southern Shops | South Carolina | National |
| Average one way commute | 18min | 24min | 26min |
| Workers who drive to work | 77.1% | 82.8% | 76.4% |
| Workers who carpool | 18.3% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 0.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 3.5% | 2.2% | 2.8% |
| Working from home | 1.1% | 3.6% | 4.6% |
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