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.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
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.
Stamford, Texas is a small-sized city with a population of 2,898 residents. The majority of Stamford residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Stamford are of Hispanic or Latino origin, and 16% of the population also speak Spanish. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Stamford, your commute times will be about average, with a one way commute time of 23 minutes.
Are you trying to figure out if living in Stamford is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Stamford, AreaVibes has created a livability score using key metrics like cost of living, education, housing and more.
With a livability score of 70 out of 100, Stamford is ranked #6,284 in the United States and #302 in Texas. If we probe a little deeper into each category within the livability score, we see that Stamford has higher than average grades for the following: crime (A+) and housing (A+). On a more negative note, Stamford does not have favorable grades for the following: amenities (F) and education (D). If we take a look at the data, we can find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Stamford is 23.95% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Stamford a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Stamford, it boasts a notably low violent crime rate of 100 crimes per 100,000 residents, which significantly outperforms the national average.
The Stamford unemployment rate of 0.42% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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, Stamford has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Stamford is real estate affordability. Median real estate prices in Stamford come in at $62,800, which is 56% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Stamford, the home price to income ratio is 1.4, which is 46.2% lower than the Texas average.
| Statistic | Stamford | Texas | National |
| Average one way commute | 23min | 26min | 26min |
| Workers who drive to work | 68.4% | 80.3% | 76.4% |
| Workers who carpool | 28.2% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 2.8% | 1.6% | 2.8% |
| Working from home | 0.0% | 4.3% | 4.6% |
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