The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
The Hammocks is a mid-sized city located in the state of Florida. The city has a population of 63,687 residents. In The Hammocks, there are 8,074 people per square mile, which is well above the national population density average. The majority of The Hammocks residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of The Hammocks are of Hispanic or Latino origin, and 80% of the population also speak Spanish. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in The Hammocks offers up a higher than average one way commute time of 38 minutes.
Living in The Hammocks can be a positive experience for anyone moving to the area. Having said that, in the state of Florida, there are many desirable 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. Finding the best places to live in The Hammocks and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, commute, education, employment and other important metrics.
Using data and statistics The Hammocks has received a livability score of 82/100. This score is ranked in the 97th percentile when compared to all other cities. Based on this score, The Hammocks would be considered a very livable city! The cherry on top is that The Hammocks also ranks in the top 10 percent of all cities. For each of the livability categories, we see that The Hammocks ranks very well for education (B), employment (A) and housing (A+). The Hammocks does not do well for the following: cost of living (D). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that The Hammocks has an unemployment rate of 2.06% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The The Hammocks market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that The Hammocks meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in The Hammocks. Everything else becomes a lot less important if it turns out that home prices in The Hammocks are simply unattainable. The median home price for The Hammocks homes is $336,000, which is 101.4% higher than the Florida average. If we take a closer look at the affordability of homes in The Hammocks, we’ll see that the home price to income ratio is 4.6, which is 35.3% higher than the Florida average.
Statistic | The Hammocks | Florida | National |
Average one way commute | 38min | 27min | 26min |
Workers who drive to work | 82.2% | 79.5% | 76.4% |
Workers who carpool | 9.4% | 9.3% | 9.3% |
Workers who take public transit | 2.5% | 2.1% | 5.1% |
Workers who bicycle | 0.3% | 0.7% | 0.6% |
Workers who walk | 0.5% | 1.5% | 2.8% |
Working from home | 4.0% | 5.4% | 4.6% |