The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Bel-Ridge, Missouri is a small-sized city with a population of 2,686 residents. With a population density of 3,476 people per square mile, Bel-Ridge is well above the nation's average density level. According to Census, the majority (86%) of Bel-Ridge residents identify as Black or African American followed by 9% White and 0% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Bel-Ridge residents is 29. Single men and women might be happy to hear that in Bel-Ridge, only 29% of the population is married. An important consideration when living in Bel-Ridge is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 30 minutes, far surpassing the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Bel-Ridge, Missouri could be a fulfilling experience for anyone who puts in the time 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 Bel-Ridge and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Missouri and national averages.
Using data and statistics Bel-Ridge has received a livability score of 59/100. This score is ranked in the 36th percentile when compared to all other cities. This is a lower than the national average livability score as Bel-Ridge does not rank well for most categories. There are nine total categories that form the livability score. Bel-Ridge scores well for housing (A) Bel-Ridge does not do well for the following: amenities (F), crime (F) and employment (F). It might be wise to take a closer look at each category to find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Bel-Ridge is 22.22% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Bel-Ridge a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
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 Bel-Ridge 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Bel-Ridge. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Bel-Ridge are affordable. The median home price for Bel-Ridge homes is $68,100, which is 51.8% lower than the Missouri average. If we take a closer look at the affordability of homes in Bel-Ridge, we’ll see that the home price to income ratio is 1.9, which is 34.5% lower than the Missouri average.
Statistic | Bel-Ridge | Missouri | National |
Average one way commute | 30min | 23min | 26min |
Workers who drive to work | 69.3% | 81.6% | 76.4% |
Workers who carpool | 5.6% | 9.1% | 9.3% |
Workers who take public transit | 17.6% | 1.5% | 5.1% |
Workers who bicycle | 0.4% | 0.3% | 0.6% |
Workers who walk | 2.7% | 1.9% | 2.8% |
Working from home | 0.0% | 4.6% | 4.6% |