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 high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
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.
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
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.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Broken Bow, Oklahoma is a small-sized city with a population of 4,093 inhabitants. Broken Bow could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. If you're not a fan of traffic congestion and long commute times to work, Broken Bow is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the town before actually living in Broken Bow, Oklahoma. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like crime, cost of living, housing and other key data points, finding the best places to live in Broken Bow and in the areas around Broken Bow is a much easier task.
Broken Bow has a livability score of 67/100 and is ranked #50 in Oklahoma and #8,683 in the USA. There are nine total categories that generate the livability score. Broken Bow scores well for housing (A-) There are some categories that Broken Bow ranks poorly for, including: amenities (F), crime (F), education (F) and employment (D-). It might be worth taking a closer look to figure out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Broken Bow, the unemployment rate stands at 0.91%, 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.
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 Broken Bow 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 Broken Bow is actually affordable. The median home price for Broken Bow homes is $86,800, which is 28.4% lower than the Oklahoma average. If we take a closer look at the affordability of homes in Broken Bow, we’ll see that the home price to income ratio is 2.5, which is 0% lower than the Oklahoma average.
Statistic | Broken Bow | Oklahoma | National |
Average one way commute | 20min | 21min | 26min |
Workers who drive to work | 80.7% | 82.6% | 76.4% |
Workers who carpool | 16.7% | 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 | 1.4% | 1.8% | 2.8% |
Working from home | 0.0% | 3.6% | 4.6% |