Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
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.
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.
Walters, Oklahoma is a smaller city with a population of 2,701 residents. The majority of Walters residents report their race to be White; this is followed by American Indian and Alaskan and Black. If you prefer shorter commutes, living in Walters 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.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Walters could be a positive experience compared to other cities in Oklahoma if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, cost of living, commute, housing and other key data points, finding the best places to live in Walters and in the areas around Walters is a much easier task.
With a livability score of 64 out of 100, Walters is ranked #11,668 in the United States and #111 in Oklahoma. If we examine each of the categories individually, we see that Walters ranks well for crime (A+) and housing (B+). Walters does not score well for the following: amenities (F), education (F) and employment (D-). It might be wise to take a closer look at each category to find out why.
The unemployment rate in Walters has consistently declined over the years and currently stands well below the national average at 2.38%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Walters excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Walters 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 Walters. Everything else becomes a lot less important if it turns out that home prices in Walters are simply unattainable. The median home price for Walters homes is $79,900, which is 34.1% lower than the Oklahoma average. If we take a closer look at the affordability of homes in Walters, we’ll see that the home price to income ratio is 1.8, which is 28% lower than the Oklahoma average.
Statistic | Walters | Oklahoma | National |
Average one way commute | 20min | 21min | 26min |
Workers who drive to work | 77.7% | 82.6% | 76.4% |
Workers who carpool | 16.6% | 10.1% | 9.3% |
Workers who take public transit | 0.0% | 0.5% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 0.4% | 1.8% | 2.8% |
Working from home | 1.3% | 3.6% | 4.6% |