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.
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
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.
Winamac is a small-sized city located in the state of Indiana. The city has a population of 2,634 residents. The majority of Winamac residents report their race to be White; this is followed by Asian and Black. Winamac tends to attract a younger crowd, as the median age of 33 is far below the national average. Winamac is not known to have a high population (over 15 years old) of married people. At only 49% married, this city falls well below the national average.
Are you trying to ascertain if living in Winamac is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Indiana, 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. To help you find the best places to live in and around Winamac, AreaVibes has created a livability score using key metrics like amenities, commute, health & safety, education, housing and more.
With a livability score of 67/100, Winamac is ranked #8,561 in the United States and #174 in Indiana. If we dig down a little deeper into each category within the livability score, we see that Winamac has higher than average scores for the following: crime (A) and housing (B+). There are some categories that Winamac ranks poorly for, including: amenities (F) and employment (F). It might be worth taking a closer look to find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Winamac, residents are privileged to experience a cost of living that stands 23.56% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Winamac an attractive destination for individuals seeking financial prudence without compromising their quality of life.
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, Winamac has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Winamac real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Winamac. Median real estate prices in Winamac come in at $86,600, which is 31.5% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Winamac, the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
Statistic | Winamac | Indiana | National |
Average one way commute | 22min | 23min | 26min |
Workers who drive to work | 61.5% | 83.0% | 76.4% |
Workers who carpool | 31.5% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.5% | 0.5% | 0.6% |
Workers who walk | 1.8% | 2.1% | 2.8% |
Working from home | 2.3% | 3.5% | 4.6% |