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.
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.
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Located in the state of Wisconsin, Twin Lakes is a smaller city with a population of 6,134 inhabitants. At 98%, the majority of the Twin Lakes population is White; this is followed by 1% Black and 0% Asian. 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 Twin Lakes offers up a higher than average one way commute time of 34 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Twin Lakes, Wisconsin could be a good 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. The best areas in Twin Lakes and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the Wisconsin and national averages.
With a livability score of 66 out of 100, Twin Lakes is ranked #10,077 in the United States and #371 in Wisconsin. There are nine total categories that form the livability score. Twin Lakes ranks well for crime (B), cost of living (A), employment (B-) and housing (A+) On a less positive note, Twin Lakes does not have favorable scores for the following: amenities (F). If we take a look at the data, we can 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 Twin Lakes 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Twin Lakes is actually affordable. Median real estate prices in Twin Lakes come in at $223,500, which is 33.8% higher than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In Twin Lakes, the home price to income ratio is 3.2, which is 3.2% higher than the Wisconsin average.
Statistic | Twin Lakes | Wisconsin | National |
Average one way commute | 34min | 22min | 26min |
Workers who drive to work | 87.2% | 80.7% | 76.4% |
Workers who carpool | 7.9% | 8.3% | 9.3% |
Workers who take public transit | 1.1% | 1.9% | 5.1% |
Workers who bicycle | 0.0% | 0.8% | 0.6% |
Workers who walk | 0.0% | 3.3% | 2.8% |
Working from home | 3.7% | 4.2% | 4.6% |