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.
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.
Schools
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.
Wildwood Lake, Tennessee is a small-sized city with a population of 3,614 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, Wildwood Lake could be considered less diverse than other cities. Wildwood Lake has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 72% of the population is classified as married and 37% have kids. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Wildwood Lake is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.
Are you trying to figure out if living in Wildwood Lake is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Tennessee, 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. Using the livability score which includes data from categories like crime, cost of living, commute, education, housing, you can easily compare the best places to live in Wildwood Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wildwood Lake to Tennessee and the national average.
The livability score in Wildwood Lake is 62 out of 100 and the city is ranked in the 48th percentile of all cities across America. There are nine total categories that form the livability score. Wildwood Lake scores well for housing (A+) There is at least one category that did not score well in Wildwood Lake. The following was graded with a concerning score: amenities (F) and education (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Wildwood Lake, the unemployment rate stands at 2.73%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing 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, Wildwood Lake has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Wildwood 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 Wildwood Lake. Everything else becomes a lot less important if it turns out that home prices in Wildwood Lake are simply unattainable. The median home price for Wildwood Lake homes is $153,400, which is 5.1% higher than the Tennessee average. If we take a closer look at the affordability of homes in Wildwood Lake, we’ll see that the home price to income ratio is 2.9, which is 6.5% lower than the Tennessee average.
| Statistic | Wildwood Lake | Tennessee | National |
| Average one way commute | 23min | 25min | 26min |
| Workers who drive to work | 89.1% | 83.6% | 76.4% |
| Workers who carpool | 8.9% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.0% | 1.4% | 2.8% |
| Working from home | 2.0% | 3.9% | 4.6% |
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