Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
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.
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.
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
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.
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 Pennsylvania, Treasure Lake is a smaller city with a population of 4,418 residents. At 96%, the majority of the Treasure Lake population is White; this is followed by 0% Black and 0% Asian. If you prefer shorter commutes, living in Treasure Lake will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Treasure Lake, Pennsylvania could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, education, employment, you can easily compare the best places to live in Treasure Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Treasure Lake to Pennsylvania and the national average.
The livability score in Treasure Lake is 71/100 and the city is ranked in the 81st percentile of all cities across America. If we check out each of the categories on their own, we see that Treasure Lake ranks well for crime (A-), cost of living (A-), employment (A+) and housing (A+). Treasure Lake does not rank well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.
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 Treasure Lake 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 Treasure Lake 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 Treasure Lake. Everything else becomes a lot less important if it turns out that home prices in Treasure Lake are simply unattainable. The median home price for Treasure Lake homes is $177,200, which is 5.7% higher than the Pennsylvania average. If we take a closer look at the affordability of homes in Treasure Lake, we’ll see that the home price to income ratio is 2, which is 35.5% lower than the Pennsylvania average.
Statistic | Treasure Lake | Pennsylvania | National |
Average one way commute | 20min | 26min | 26min |
Workers who drive to work | 81.9% | 76.5% | 76.4% |
Workers who carpool | 13.9% | 8.5% | 9.3% |
Workers who take public transit | 0.0% | 5.6% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 0.0% | 3.8% | 2.8% |
Working from home | 4.2% | 4.2% | 4.6% |